Bought with James A Israel • Compass New Jersey, LLC - Moorestown
$535,000
$554,900
3.6%For more information regarding the value of a property, please contact us for a free consultation.
2,012 SqFt
SOLD DATE : 05/29/2025
Key Details
Sold Price $535,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,012 sqft
Price per Sqft $265
MLS Listing ID NJME2055868
Sold Date 05/29/25
Year Built 1920
Annual Tax Amount $7,321
Tax Year 2024
Lot Size 2,662 Sqft
Acres 0.06
Lot Dimensions 35.00 x 76.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
This unique mixed-use property in the heart of Hopewell Borough offers an excellent investment opportunity with both residential and commercial spaces. The commercial unit (Unit 12), currently owner-occupied as a barbershop, is well-maintained and features multiple sinks and chairs, a spacious waiting area, a separate boiler system, and ample storage. With strong walk-in traffic and ample on-street parking, it's ideal for continued commercial use. The residential unit (Unit 14) has a private entrance and a generous layout. A foyer leads to the second floor, where a large living and dining room combination provides comfortable living space. The unit includes two sizable bedrooms, a galley-style kitchen, a sunroom suitable for a home office, and an updated full bathroom. A rear staircase leads to a private laundry room with additional storage, while a walk-up attic offers even more space. The property sits on a 35 x 76 ft. lot and offers a private backyard for added appeal. The heating system is a radiator setup, and the boilers are approximately 15 years old. With its prime location, strong rental potential, and a mix of commercial and residential use, this property is an excellent opportunity for investors and owner-occupiers alike.
Location
State NJ
County Mercer
Area Hopewell Boro (21105)
Zoning BR
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Window Unit(s)
Flooring Hardwood, Vinyl
Heat Source Natural Gas
Exterior
Utilities Available Above Ground
Water Access N
View Street
Roof Type Asphalt
Accessibility None
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Hopewell E.S.
Middle Schools Timberlane
High Schools Hopewell
School District Hopewell Valley Regional Schools
Others
Tax ID 05-00029-00029
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash, FHA, Other
Listing Terms Conventional, Cash, FHA, Other
Financing Conventional,Cash,FHA,Other
Special Listing Condition Standard
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