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$1,500,000 Just Listed
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Property Description
THIS IS A RARE CHANCE TO PURCHASE A WELL KEPT MIXED USE BUILDING THAT HAS BEEN IN THE SAME HANDS FOR NEARLY 3 DECADES! The property offers a balanced mix of income streams with five residential apartments, two ground level storefronts(currently rented to one business) and a dedicated office space. The building has been consistently maintained and cared for over the years, which shows in both its condition and long term tenant stability. The residential units are fully occupied, and the the store fronts have strong visibility and steady foot traffic. Buildings with this kind of track record rarely come to market. It's a solid choice for investors looking for stability, long term performance and the upside that comes with a prime location. Includes addresses 201-203.
Full Property Details
Full Property Details for 201 Boonton Ave
General
- Price: $1,500,000
- Taxes: $21,662 (2024)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4019984
- Updated: 4/11/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Building Only
Interior
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 7
- Restrooms: 7
Additional Information
- Equipment: Appliances
Parking
- Garage Spaces: 3
- Total Spaces: 3
- Parking: Assigned, Concrete, Driveway-Exclusive, Off-Street Parking
Location
- County: Morris
- Driving Directions: Main St to Boonton Ave
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: No Cool
- Heating Type: Electric Baseboard, Baseboard - Hotwater, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: Wood
- Exterior Const.: Brick/Block, Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Stories in Building: 3
- Year Built: 1859
Unit Information
- Units w/Full Bath: 7
Lot Features
- Lot Size (Acres): 0.12
- Lot Size: 90X57
- Zoning: B-2
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $640,900
- Land Assmt: $273,700
- Tax Amount: $21,662
- Tax Year: 2024
- Owner Pays: Maintenance-Common Area, Maintenance-Lawn, Sewer, Snow Removal, Trash Removal, Water
- Tenant Pays: Electric, Gas, Heat, Hot Water
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Survey Available
- APN: 2301-00012-0000-00019-0000-
- Block: 12
- Lot Number: 19
Listed by Weichert Realtors Corp Hq
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Price & Sales History for 201 Boonton Ave
Date
Details
Price
Change
Source
4/10/2026
Listed
$1,500,000
—
MLS
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 201 Boonton Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$480,000
—
2022
100%
$480,000
—
2021
100%
$480,000
—
2019
-100%
$480,000
—
2016
$10,997
3%
$480,000
—
2015
$10,656
3%
$480,000
—
2013
$10,354
—
$480,000
—
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 201 Boonton Ave
201 Boonton Ave, Boonton Town, NJ 07005 (MLS# 4019984) is a Commercial property. 201 Boonton Ave is currently listed for $1,500,000 and was received on April 10, 2026. Want to learn more about 201 Boonton Ave? Do you have questions about finding other Commercial real estate for sale in Boonton Town? You can browse all Boonton Town real estate or contact a Coldwell Banker agent to request more information.

