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$2,400,000 -$50,000 (-2.04%) Price Reduced
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Property Description
Rare Opportunity for Investors in the Center of Basking Ridge! Prime Location on .25 Acres. Two Buildings on One Lot - 31 South Finley & 32 Brownlee Place.Huge Parking Lot with 14 spots Plus on the Street Parking. Mixed Use Buildings with Seven Tenants. Fully Occupied - 7% Cap Rate.
Full Property Details
Full Property Details for 31 S Finley Ave
General
- Price: $2,400,000
- Taxes: $16,755 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4028193
- Updated: 7/29/2026
- Added to Site: 75 day(s) ago
Business
- Includes: Building & Land
Rental Information
- Lease/Rent Term: Net
- Lease Terms: CAM Charges, Security Deposit Required
Rooms
Bathrooms
- Total Bathrooms: 5
- Restrooms: 5
Additional Information
- Equipment: Appliances, Handicapped Access, Kitchen Area, Restrooms - Private, Restrooms - Public, Sign - Building, Smoke Detector, Storage Area(s)
Parking
- Garage Spaces: 14
- Parking: Blacktop, Off-Street Parking, Parking Lot-Exclusive
Location
- County: Somerset
- Driving Directions: GPS - 31 South Finley & 32 Brownlee Place - 2 Buildings for Sale on one Lot
- Location Details: Business District
Heating & Cooling
- Cooling Type: 2 Units
- Heating Type: 2 Units, Forced Hot Air, Multi-Zone
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground, Electric, Cable TV, Internet Available
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt Shingles
- Ceiling Height: 10
- Door Dimensions: 8
- Stories in Building: 4
- Square Feet: 5,750
- Year Built: 1960
- Remodeled/Updated: 2023
Lot Features
- Lot Size (Acres): 0.25
- Lot Size: 43 X 252
- Permitted Use: Medical/Office/Retail/Residential
- Zoning: B-1/R-7
- Lot Description: Possible Subdivision
Financial Considerations
- Assessment Amount: $1,192,400
- Land Assmt: $456,400
- Tax Amount: $16,755
- Tax Year: 2025
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Leases, Site Plan, Survey Available
- APN: 2702-01801-0000-00004-0000-
- Block: 1801
- Lot Number: 4
Listed by Nexthome Premier
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Schools
Schools serving 31 S Finley Ave
School District:Bernards Township School District
| Name | Grades | Distance |
|---|---|---|
Oak Street Elementary School 70 West Oak Street, Bernards, NJ 07920 | K-5 | 0.2 mi |
Liberty Corner Elementary School 61 Church Street, Bernards, NJ 07938 | PK-5 | 3.2 mi |
Mount Prospect Elementary School 111 Hansom Road, Bernards, NJ 07920 | K-5 | 5.2 mi |
William Annin Middle School 70 Quincy Road, Bernards, NJ 07920 | 6-8 | 1.8 mi |
Ridge High School 268 South Finley Avenue, Bernards, NJ 07920 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 31 S Finley Ave
Date
Details
Price
Change
Source
7/29/2026
Price Reduced
$2,400,000
-2.04%
MLS
5/15/2026
Listed
$2,450,000
125.43%
MLS
3/17/2005
Sold
$1,086,813
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 31 S Finley Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,755
3%
$1,192,400
20%
2024
$16,237
-12%
$992,600
9%
2022
$18,385
-5%
$914,200
—
2021
$19,290
12%
$914,200
7%
2018
$17,185
3%
$857,100
2%
2017
$16,642
2%
$836,700
—
2016
$16,353
-10%
$838,200
-6%
2019
$18,206
6%
$895,100
—
2015
$17,146
—
$894,900
2%
2013
$17,114
—
$876,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 31 S Finley Ave
31 S Finley Ave, Bernards Township, NJ 07920 (MLS# 4028193) is a Commercial property. 31 S Finley Ave is currently listed for $2,400,000 and was received on May 15, 2026. Want to learn more about 31 S Finley Ave? Do you have questions about finding other Commercial real estate for sale in Bernards Township? You can browse all Bernards Township real estate or contact a Coldwell Banker agent to request more information.

