342 South Branch Road

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342 South Branch Road

Hillsborough Township, NJ 08844
Asking Price
$1.20M
Asset Type
Day Care/Nursery Retail
Class
Class B

What's Special

Commercially Zoned Land - All Utilities - 4.7 Acres <p>Substantial Residential House and 2 car garage on Site Currently Rented. Rare Commercial Zoning - one of the LAST FEW PIECES in Hillsborough Township. Property Adjoins a YMCA and a Mixed-Use Apartment Building. IDEAL REDEVELOPMENT PIECE. All Utilities on Site. Located in Prime Somerset County, NJ. Owner Will Consider Selling Subject to Approvals.</p>

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

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