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$959,000
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Property Description
Seller is looking to sell or lease the building. Lease is presented as Modified Gross, landlord responsible for taxes, structural, and shared expense on lawn service. Tenant responsible for utilities, HVACs, interior maintenance, trash, snow removal. Partnering businesses: Landlord operates a Wealth Management Firm, businesses such as CPA, Attorney Offices, and other professional businesses with existing clients can partner with the LL and get rent reductions. Potentially equals free rent
Full Property Details
Full Property Details for 408 US Hwy 206
General
- Price: $959,000
- Taxes: $9,103 (2024)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4031727
- Updated: 6/27/2026
- Added to Site: 43 day(s) ago
Business
- Includes: Building & Land, See Remarks
Rental Information
- Lease/Rent Term: Gross
- Lease Includes: See Remarks
- Lease Terms: 3-5 Year Minimum, Security Deposit Required
Interior
- Flooring: Carpeting, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Restrooms: 2
Additional Information
- Equipment: Fire Alarm, Handicapped Equipment, Kitchen Area, Office Equipment, Restrooms - Private, Sign - Freestanding, Sprinkler System, Storage Area(s)
Exterior
- Color: Brick
Parking
- Garage Spaces: 13
- Total Spaces: 13
- Parking: Off-Street Parking, Parking Lot-Exclusive
Location
- County: Somerset
- Driving Directions: Next to McDonald's on Route 206 and across 206 from the Taco Bell
- Location Details: Freestanding, Highway Location
Heating & Cooling
- Cooling Type: 2 Units
- Heating Type: Forced Hot Air
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Garbage Extra Charge, Internet Available
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block, Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Ceiling Height: 14
- Door Dimensions: 80
- Stories in Building: 2
- Square Feet: 2,824
- Aprox. Leasable: 2,824 Sq. Ft.
- Previous Bldg. Use: Office/Business Services
- Office: 2,824 Sq. Ft.
- Year Built: 1958
- Remodeled/Updated: 2002
Lot Features
- Lot Size (Acres): 0.5
- Lot Size: .5
- Zoning: Business
Financial Considerations
- Expenses: Electricity, Gas/Oil, Insurance, Maintenance - Interior, Snow Removal, Trash, Water/Sewer
- Assessment Amount: $458,200
- Land Assmt: $225,000
- Tax Amount: $9,103
- Tax Year: 2024
- Owner Pays: Maintenance-Lawn, See Remarks
- Tenant Pays: Electric, Gas, Heat, Hot Water, See Remarks, Sewer, Snow Removal, Trash Removal
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 2710-00161-0000-00012-0000-
- Block: 161
- Lot Number: 12
Listed by Weichert Realtors
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Schools
Schools serving 408 US Hwy 206
School District:Hillsborough Township School District
| Name | Grades | Distance |
|---|---|---|
Triangle Elementary School 156 South Triangle Road, Hillsborough Township, NJ 08844 | K-4 | 0.6 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 | 1.1 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 408 US Hwy 206
Date
Details
Price
Change
Source
6/05/2026
Listed
$959,000
41.03%
MLS
12/17/2025
Sold
$680,000
—
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 408 US Hwy 206
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,154
12%
$577,300
26%
2024
$9,103
-4%
$458,200
8%
2022
$9,486
-5%
$424,800
—
2021
$9,974
4%
$424,800
7%
2019
$9,568
-1%
$398,000
—
2018
$9,628
—
$398,000
—
2017
$9,612
—
$398,000
—
2016
$9,608
1%
$398,000
—
2015
$9,488
4%
$398,000
-1%
2013
$9,123
—
$400,500
—
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 408 US Hwy 206
408 US Highway 206, Hillsborough Township, NJ 08844 (MLS# 4031727) is a Retail property. 408 US Highway 206 is currently listed for $959,000 and was received on May 28, 2026. Want to learn more about 408 US Highway 206? Do you have questions about finding other Retail 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.

