Sally Hammer

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71 E BROAD STREETHOPEWELL, NJ 08525

Commercial · 8,400 Sq. ft. | 1.81 Acres
$2,500,000 ACTIVE

71 E BROAD STREET Overview

Time on Site:
169 days
Visits:
115

This 1.81 acre site located in the thriving downtown of Hopewell Borough with 330 foot of frontage on Town's main thoroughfare, designated as redevelopment site within the Town's Redevelopment Plan makes this an ideal opportunity for development. The former/existing garage structure has the approvals to be expanded and renovated with the balance of the site zoned Business-Residential is ready to be transformed. The leasing of the existing building is a consideration.

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71 E BROAD STREET Facts & Features

  • Type Commercial
  • Sq. ft. 8,400
  • Price/Sq.ft. $298
  • Lot 1.81 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • Building Name: NONE AVAILABLE
  • New Construction: No
  • Year Built: 1950

Business Information

  • Business Type: Apartment Building,Banquet Facility/Lodge,Day Care Facility,Flex,Medical,Professional,Recreation,Religious Facility,Restaurant/Bar,Shopping Center,Other

Location/Region

  • Country: US
  • County: MERCER
  • County Or Parish: MERCER
  • MLS Area Major: Hopewell Boro (21105)

Parking Information

  • Total Parking Spaces: 100
  • Type of Parking: On Street

Rent/Lease Information

  • Lease Considered: No

Tax Information

  • Tax Annual Amount: $29,626.00
  • Tax Assessed Value: 861500.00
  • Tax Year: 2024

General Information

  • Historic: Yes
  • Property Condition: Major Rehab Needed
  • Property Sub Type: Land for Commercial Use
  • Property Type: Commercial Sale
  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2024
  • Zoning: BR

Interior

Building Information

  • Building Winterized: Yes
  • Cooling Fuel: None
  • Drive In Door Height: 8' to 12'
  • Heating Fuel: None
  • Total Drive In Doors: 2

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 8400.00
  • Central Air: No
  • Hot Water: None

General Information

  • Accessibility Features: None
  • Cooling: None
  • Entry Level: 1
  • Flooring: Concrete
  • Heating: None
  • Stories Total: 1

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Features: Cleared
  • Lot Size Acres: 1.81
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 78850.00
  • Lot Size Units: Square Feet
  • Road Responsibility: City/County
  • Road Surface Type: Black Top
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block
  • Fencing: No
  • Roof: Asphalt

General Information

  • Number Of Units Total: 1
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available,Electric Available,Sewer Available,Water Available
  • Water Access: No

71 E BROAD STREET Neighborhood

Community

08525 (HOPEWELL) Demographics

45
Median Age
219
Population Density (per sq. mile)
68%
College Educated
$127,885
Estimated Median Income
1,518
Estimated Total Home Owners
354
Estimated Total Renters
81% / 19%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

71 E BROAD STREET Monthly Cost

$
$ %
%
$
$
Tom Fullen
* 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.

71 E BROAD STREET Market Data

Based on the last 30 days in this zip code

$940,648
Average List Price
$376
Average Price per Square Foot
7
Properties Sold
68
Average Days on Market
29
Properties for Sale
Calculations provided by Reliance Network

71 E BROAD STREET History

Date Event Value Agent
6/23/2026Source: BRIGHT MLS Added to Database
June 23, 2026
6/23/2026Source: BRIGHT MLS Price Reduction
$2,500,000 -3.8%
1/12/2026Source: BRIGHT MLS Added to Database
January 12, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
Listing provided courtesy of Keller Williams Real Estate - Princeton- MLS# NJME2071516MLS ProviderContact Information: [email protected] - 6099878889