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$1,300,000

  • For Sale
  • Active
  • Retail
See This Home
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See This Home
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Investment or Owner-User Opportunity | 6.7% Cap Rate | Immediate UpsideHighly visible 4,690 SF commercial building in the heart of Boonton's thriving business district. This meticulously maintained multi-level property offers the flexibility to invest, occupy, or both. The first floor is leased through October 31, 2026, providing immediate income, while approximately 2,500 SF on the second and third floors is available for owner occupancy or lease, making this an ideal opportunity for both investors and owner-users, to increase NOI and long-term value. Configured as two units with separate entrances, the building features reception areas, private offices, conference rooms, open workspaces, and a kitchenette, making it ideal for medical, professional, legal, financial, wellness, retail, educational, and service businesses. A rare downtown advantage, the property includes 15 private parking spaces. Zoning permits a wide variety of commercial uses with potential mixed-use opportunities, subject to municipal approvals. Recent improvements include a new fire suppression system (2025), updated windows, and an improved driveway. Walk to downtown Boonton's restaurants, shops, and NJ Transit, with easy access to Routes 287, 202, 46, and I-80. Exceptional opportunity for investors, owner-users, and 1031 buyers seeking stable income with leasing and appreciation potential.

Full Property Details for 305 W Main St

General

  • Price: $1,300,000
  • Taxes: $15,651 (2025)
  • Status: Active
  • Type: Retail
  • Source: Garden_State
  • MLS ID: 4021781
  • Updated: 7/19/2026
  • Added to Site: 138 day(s) ago

Business

  • Includes: Building & Land

Interior

  • Flooring: Carpeting, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Restrooms: 5

Additional Information

  • Equipment: Fire Alarm, Kitchen Area, Restrooms - Private, Sign - Building, Smoke Detector, Storage Area(s)

Parking

  • Garage Spaces: 15
  • Total Spaces: 15
  • Parking: Blacktop, Off-Street Parking, Parking Lot-Exclusive

Location

  • County: Morris
  • Driving Directions: Boulevard to W Main St, Boonton
  • Location Details: Business District, Freestanding, Residential Area

Heating & Cooling

  • Cooling Type: 2 Units, Central Air Conditioning
  • Heating Type: 2 Units, Baseboard - Hotwater
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas, Fiber Optic, Garbage Included, Internet Available

Structural Information

  • Construction: Wood
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Storage, Unfinished
  • Roof: Asphalt Shingles
  • Ceiling Height: 96
  • Door Dimensions: 80
  • Stories in Building: 3
  • Square Feet: 4,690
  • Aprox. Leasable: 4,690 Sq. Ft.
  • Previous Bldg. Use: Office, Professional
  • Office: 4,690 Sq. Ft.
  • Year Built: 1880

Lot Features

  • Lot Size (Acres): 0.37
  • Lot Size: 0.371 ACRES
  • Zoning: Commercial
  • Lot Description: Corner

Financial Considerations

  • Price Per Sq. Ft.: $277
  • Expenses: Electricity, Gas/Oil, Maintenance - Exterior, Maintenance - Interior, Snow Removal, Water/Sewer
  • Operating Expenses: $20,000
  • Assessment Amount: $450,000
  • Land Assmt: $361,500
  • Tax Amount: $15,651
  • Tax Year: 2025
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Financial Statement, Income & Expenses, Leases, Survey Available
  • Disclosures: Yes
  • APN: 2301-00118-0000-00006-0001-
  • Block: 118
  • Lot Number: 6.01

Listed by Exp Realty, Llc

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Listing agent

— 305 W Main St —

  • Exp Realty, Llc

973-906-3329

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 305 W Main St

School District:Boonton Town School District
NameGradesDistance
School Street Elementary School
720 Birch Street, Boonton, NJ 07005
PK-K0.6 mi
Boonton High School
306 Lathrop Avenue, Boonton, NJ 07005
9-121.1 mi
John Hill Elementary School
435 Lathrop Avenue, Boonton, NJ 07005
1-81.2 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 305 W Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/20/2026
Listed
$1,300,000
143.45%
MLS
5/28/2014
Sold
$534,000
—
Public Record
Get Price Alerts and Save Property
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 for 305 W Main St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,210
3%
$450,000
—
2023
$14,810
3%
$450,000
—
2022
$14,328
2%
$450,000
—
2021
$14,036
—
$450,000
-16%
2021
$14,036
-11%
$534,000
—
2018
$15,748
-3%
$534,000
—
2019
$16,175
7%
$534,000
—
2017
$15,091
3%
$534,000
—
2016
$14,696
-15%
$534,000
-16%
2015
$17,306
5%
$639,300
—
2013
$16,545
—
$639,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Exp Realty, Llc

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305 W Main St, Boonton Town, NJ 07005 (MLS# 4021781) is a Retail property. 305 W Main St is currently listed for $1,300,000 and was received on April 20, 2026. Want to learn more about 305 W Main St? Do you have questions about finding other Retail 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.

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