Hopewell, NJ 08525 14 Seminary Avenue

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Presented By: RE/MAX Instyle Realty Corp
  • MLS# NJME2055868
  • 03/16/2025
  • Request Tour
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  • SQFT • 2,012

Home Details

This unique mixed-use property in the heart of Hopewell Borough offers an excellent investment opportunity with both residential and commercial spaces. The commercial unit (Unit 12), currently owner-occupied as a barbershop, is well-maintained and features multiple sinks and chairs, a spacious waiting area, a separate boiler system, and ample storage. With strong walk-in traffic and ample on-street parking, it's ideal for continued commercial use. The residential unit (Unit 14) has a private entrance and a generous layout. A foyer leads to the second floor, where a large living and dining room combination provides comfortable living space. The unit includes two sizable bedrooms, a galley-style kitchen, a sunroom suitable for a home office, and an updated full bathroom. A rear staircase leads to a private laundry room with additional storage, while a walk-up attic offers even more space. The property sits on a 35 x 76 ft. lot and offers a private backyard for added appeal. The heating system is a radiator setup, and the boilers are approximately 15 years old. With its prime location, strong rental potential, and a mix of commercial and residential use, this property is an excellent opportunity for investors and owner-occupiers alike.
Presented By: RE/MAX Instyle Realty Corp

Interior Features for 14 Seminary Avenue

Bathrooms

Total Restrooms2

Other Interior Features

Central Air Y/NNo
FlooringHardwood, Vinyl
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 14 Seminary Avenue

Acceptable FinancingConventional, Cash, FHA, Other
AccessibilityNone
Association Recreation FeeN
Business TypeOther
CityHOPEWELL
Construction MaterialsFrame
Cool FuelNone
CoolingWindow Unit(s)
CountyMERCER
DirectionsTake US-206 S/State Rd, Belle Mead-Blawenburg Rd and Georgetown Franklin Tpke to Seminary Ave in Hopewell
DisclosuresLead Based Paint - State, Prop Disclosure
ExclusionsSee Exclusion Form
Gross Income40800.00
HeatingRadiator
Lot Size Square Feet2662.00
Lot Size UnitsSquare Feet
MLS AreaHopewell Boro (21105)
ModificationTimestamp2025-03-21T16:35:04
MunicipalityHOPEWELL BORO
Net Operating Income33300.00
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
PossessionImmediate
Possible UseBarber/Beauty, Residential
Price Per Sq Ft Total AG275.8
Property ConditionExcellent
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount7321.0
Tax Assessed Value212900.0
Tax Lot00029
Tax Year2024
UtilitiesAbove Ground
Vacation Rental Y/NNo
ViewStreet
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1920
Year Built SourceEstimated
ZoningBR

Exterior for 14 Seminary Avenue

Building Area Total2012.00
Car Parking Spaces
Foundation DetailsSlab
Inclusionsrefrigerator and range gas
Land Assessed Value62600.00
Land Use Code
Lot Dimensions35.00 x 76.00
Lot Size Acres0.06
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $554,900
MLS#NJME2055868
List Date 03/16/2025
Property Type Commercial
Phone 703.929.4729
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