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$850,000 Just Listed
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Property Description
Maximize your portfolio with this highly visible, four-unit commercial building situated in a prime, high-traffic location that guarantees maximum exposure for any business. The property features four versatile units, including one standout, premium space that has been completely updated and fully built out for a modern dental practice offering immediate, high-value leasing potential.While the solid, well-maintained building has no major structural or mechanical issues, it offers a fantastic value-add opportunity for an investor looking to implement cosmetic updates and instantly drive up rental income. Whether you are looking to occupy one unit and lease the rest, or secure a reliable multi-tenant income stream, this property is an exceptional find. Schedule your tour today and unlock this property's full potential!
Full Property Details
Full Property Details for 312 US Hwy 206
General
- Price: $850,000
- Taxes: $16,150 (2025)
- Status: Active
- Type: Office
- Source: Garden_State
- MLS ID: 4037716
- Updated: 6/30/2026
- Added to Site: 4 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Carpeting, Laminate
Rooms
Bathrooms
- Total Bathrooms: 5
- Restrooms: 5
Additional Information
- Equipment: Restrooms - Private, Sign - Freestanding, Smoke Detector, Storage Area(s)
Exterior
- Color: Brown
Parking
- Garage Spaces: 15
- Parking: Blacktop, Parking Lot-Exclusive
Location
- County: Somerset
- Driving Directions: Route 206 S. to Independance
- Location Details: Business District, Freestanding, Highway Location
Heating & Cooling
- Cooling Type: 4+ Units, Central Air Conditioning
- Heating Type: 4+ Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground, Cable TV Available, Garbage Extra Charge, Internet Available
Structural Information
- Construction: Wood
- Exterior Const.: Wood
- Basement: Yes
- Basement Desc.: Finished, Finished-Partially, Storage
- Roof: Asphalt Shingles
- Stories in Building: 4
- Square Feet: 4,976
- Aprox. Leasable: 4,976 Sq. Ft.
- Previous Bldg. Use: Offices
- Office: 4,976 Sq. Ft.
- Year Built: 1980
Lot Features
- Lot Size: 0.5140 106X227
- Permitted Use: Multiple
- Zoning: HS
- Lot Description: Level Lot
Financial Considerations
- Price Per Sq. Ft.: $170
- Assessment Amount: $728,800
- Land Assmt: $210,000
- Tax Amount: $16,150
- Tax Year: 2025
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Leases
- Disclosures: Yes
- APN: 2710-00153-0002-00001-0000-
- Block: 153.02
- Lot Number: 1
Listed by Re/Max Preferred Professionals
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Schools
Schools serving 312 US Hwy 206
School District:Hillsborough Township School District
| Name | Grades | Distance |
|---|---|---|
Sunnymead Elementary School 55 Sunnymead Road, Hillsborough Township, NJ 08844 | K-4 | 1.5 mi |
Hillsborough Middle School 260 Triangle Road, Hillsborough Township, NJ 08844 | 7-8 | 0.7 mi |
Hillsborough High School 466 Raider Boulevard, Hillsborough Township, NJ 08844 | 9-12 | 1.8 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 312 US Hwy 206
Date
Details
Price
Change
Source
6/30/2026
Listed
$850,000
—
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 312 US Hwy 206
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,618
-4%
$728,800
—
2022
$16,274
-5%
$728,800
—
2021
$17,112
-4%
$728,800
-1%
2018
$17,763
—
$734,300
—
2017
$17,733
—
$734,300
—
2016
$17,726
1%
$734,300
—
2015
$17,506
-1%
$734,300
—
2019
$17,653
3%
$734,300
-2%
2013
$17,084
—
$749,000
—
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 312 US Hwy 206
312 US Highway 206, Hillsborough Township, NJ 08844 (MLS# 4037716) is a Office property. 312 US Highway 206 is currently listed for $850,000 and was received on June 30, 2026. Want to learn more about 312 US Highway 206? Do you have questions about finding other Office real estate for sale in Hillsborough Township? You can browse all Hillsborough Township real estate or contact a Coldwell Banker agent to request more information.

