Date
Details
Price
Change
Source
9/23/2026
Listed
$3,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$3,300,000 Just Listed
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Property Description
THREE-BUILDING MIXED-USE INVESTMENT PORTFOLIO WHITEHOUSE STATION / READINGTON TOWNSHIP, NJ $3,300,000Unique opportunity to acquire a three-building, mixed-use investment portfolio in Whitehouse Station / Readington Township, New Jersey. Offered as one contiguous investment package, the portfolio combines established commercial tenancy, residential rental income, scheduled rent growth, strong Route 22 visibility, and convenient regional highway access.The offering consists of three well-maintained adjacent buildings with six income-producing rental streams, providing an attractive blend of commercial and multifamily income within one manageable investment.The portfolio includes a mix of neighborhood retail, a long-established United States Postal Service location, three residential apartments, and a Route 22 commercial building occupied by an established sign/display company. This diversified tenancy provides investors with multiple income sources rather than reliance on a single tenant or asset type The portfolio is projected to generate approximately $226,500 in annual gross rental income based on January 2027 rents, with additional scheduled rent growth already built into portions of the rent roll.
Full Property Details
Full Property Details for 98 Old Hwy 28
General
- Price: $3,300,000
- Taxes: $13,094 (2025)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4054572
- Updated: 9/23/2026
- Added to Site: 3 day(s) ago
Business
- Includes: Building & Land
Rental Information
- Lease/Rent Term: Mixed
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 6
Additional Information
- Equipment: Appliances
Parking
- Parking: Blacktop
Location
- County: Hunterdon
- Driving Directions: rt 22 whitehouse
- Location Details: Highway Location, See Remarks
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: 4+ Units, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Construction: Wood
- Exterior Const.: Vinyl Siding, Wood
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt Shingles
- Ceiling Height: 12
- Door Dimensions: 10
- Stories in Building: 3
- Square Feet: 10,700
- Year Built: 1935
- Remodeled/Updated: 2025
Unit Information
- 2 Bedroom Units: 2
- 3 Bedroom Units: 1
- Units w/Full Bath: 3
Lot Features
- Lot Size (Acres): 0.34
- Lot Size: 0.34 AC
- Zoning: Mixed Use
Financial Considerations
- Price Per Sq. Ft.: $308
- Expenses: Maintenance - Exterior, Property Management, See Remarks, Taxes
- Assessment Amount: $468,000
- Land Assmt: $163,600
- Tax Amount: $13,094
- Tax Year: 2025
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Leases, See Remarks
- APN: 1922-00019-0001-00012-0000-
- Block: 19.01
- Lot Number: 12
Listed by Haven Real Estate Collective
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Listing agent
— 98 Old Hwy 28 —
Haven Real Estate Collective
908-224-2836
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Schools
Schools serving 98 Old Hwy 28
| Name | Grades | Distance |
|---|---|---|
Whitehouse Elementary School 50 Whitehouse Ave, Readington Township, NJ 08889 | K-3 | 0.7 mi |
Holland Brook School 52 Readington Road, Readington Township, NJ 08889 | 4-5 | 1.9 mi |
Readington Middle School 48 Readington Rd, Readington Township, NJ 08889 | 6-8 | 2.1 mi |
Hunterdon Central High School 84 New Jersey 31, Flemington, NJ 08822 | 9-12 | 9 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 98 Old Hwy 28
Estimate the Cost
Estimate the Cost for 98 Old Hwy 28
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98 Old Highway 28, Readington, NJ 08889 (MLS# 4054572) is a Retail property. 98 Old Highway 28 is currently listed for $3,300,000 and was received on September 23, 2026. Want to learn more about 98 Old Highway 28? Do you have questions about finding other Retail real estate for sale in Readington? You can browse all Readington real estate or contact a Coldwell Banker agent to request more information.