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198 Hwy202/31 #00Raritan Twp., NJ 08822

Commercial · 12.31 Acres
$2,700,000 Active

198 Hwy202/31 #00 Overview

Time on Site:
146 days
Visits:
14

This site is in the heart of Flemington?s auto-dealership corridor and sits within the B-2 zone, which offers some of the broadest and most advantageous permitted uses in the municipality. Principal, permitted, and conditional uses span a wide range, including retail, commercial greenhouses, mini-warehouses, public and private parking facilities, gasoline filling stations and repair uses, and shopping centers.The property is currently undergoing limited remediation and will be delivered with a NJDEP No Further Action (NFA) determination, along with a 10-year, $5,000,000 environmental insurance policy from Lloyd?s of London for buyer protection. Cleanup costs have continued to decrease as remediation progresses.Upon closing, the buyer will have full use of the property, subject only to obtain standard building permits. This is one of the last remaining multiacre development opportunities in all of Hunterdon County, making it a rare and highly strategic acquisition.

Listing provided courtesy of BHHS FOX & ROACH- MLS# 4007999MLS ProviderContact Information: 908-581-0300
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198 Hwy202/31 #00 Facts & Features

  • Type Commercial
  • Lot 12.31 Acres

Details

General

Listing Information

  • For Sale Or Lease: For Sale

Building Information

  • Year Built: 9999

Location/Region

  • County Or Parish: Hunterdon
  • Location: Business District, Highway Location

Tax Information

  • City Tax: *
  • County Tax: *
  • Tax Amount Tax: *
  • Tax Annual Amount: $21,620.00
  • Tax Assessed Value: *
  • Tax Rate Amount: 2.897
  • Tax Rate Year: 2025
  • Tax Year: 2024
  • Tax Year Tax: *

General Information

  • Inclusions: See Remarks
  • Property Sub Type: See Remarks
  • Property Type: Commercial
  • Zoning: B-2

Interior

Building Information

  • Available Sq Ft: 536224
  • Equipment Available: See Remarks
  • Max Ceiling Height: 0
  • Max Door Height: 0
  • Number of Doors: 0
  • Office Sq Ft: 0

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 0

General Information

  • Basement: No
  • Cooling: See Remarks
  • Heating: See Remarks
  • Stories: 0

Unit Information

  • Unit Number: 00

Exterior

Building Information

  • Number of Bays: 0
  • Number of Docks: 0

Parking Information

  • Parking Features: Crushed Stone

Lot Information

  • Approximate Lot Size: 12.3100
  • Lot Size Acres: 12.31
  • Water Source: Well

Building Exterior/Construction

  • Construction Materials: See Remarks
  • Exterior Description: See Remarks
  • Roof: See Remarks

General Information

  • Number Of Units Total: 0
  • Sewer: Septic
  • Utilities: Gas-Natural

198 Hwy202/31 #00 Neighborhood

Community

08822 (Raritan Twp.) Demographics

43
Median Age
450
Population Density (per sq. mile)
62%
College Educated
$113,352
Estimated Median Income
8,717
Estimated Total Home Owners
2,130
Estimated Total Renters
80% / 20%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

198 Hwy202/31 #00 Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

198 Hwy202/31 #00 Market Data

Based on the last 30 days in this zip code

$803,390
Average List Price
$285
Average Price per Square Foot
2
Properties Sold
78
Average Days on Market
21
Properties for Sale
Calculations provided by Reliance Network

198 Hwy202/31 #00 History

Date Event Value Agent
2/3/2026Source: Garden State MLS Added to Database
February 03, 2026
John Carriere
Listing Agent