About This Home

This 0-bedroom, 0-bathroom other at 305 W Main St in Boonton Town, NJ is listed for $1,300,000. Built in 1880, on a 0.37 acres lot.

Key Features

  • Built in 1880
  • 0.37 acre lot

Property Details

1880

Amenities

A/C
Listing Description

Investment or Owner-User Opportunity | 6.7% Cap Rate | Immediate UpsideHighly visible 4,690 SF commercial building in the heart of Boonton's thriving business district. This meticulously maintained multi-level property offers the flexibility to invest, occupy, or both.

The first floor is leased through October 31, 2026, providing immediate income, while approximately 2,500 SF on the second and third floors is available for owner occupancy or lease, making this an ideal opportunity for both investors and owner-users, to increase NOI and long-term value.

Configured as two units with separate entrances, the building features reception areas, private offices, conference rooms, open workspaces, and a kitchenette, making it ideal for medical, professional, legal, financial, wellness, retail, educational, and service businesses.

A rare downtown advantage, the property includes 15 private parking spaces. Zoning permits a wide variety of commercial uses with potential mixed-use opportunities, subject to municipal approvals. Recent improvements include a new fire suppression system (2025), updated windows, and an improved driveway.

Walk to downtown Boonton's restaurants, shops, and NJ Transit, with easy access to Routes 287, 202, 46, and I-80. Exceptional opportunity for investors, owner-users, and 1031 buyers seeking stable income with leasing and appreciation potential.

Monthly Cost Estimate

$6,953/mo

20% down · 6.5% · 30 years

Principal$940
Interest$5,633
Insurance$379

Estimates only. Actual payments may vary.

Location

305 W Main St

Boonton Town, NJ 07005-1151

Property Details

Heating

Hot Water(Heating)Baseboard

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom other at 305 W Main St is listed at $1,300,000. The estimated monthly payment is $6,953 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1880, 0.37 acre lot.

This property is listed by CLAUDIA PATTERSON.

CP

CLAUDIA PATTERSON

Agent at eXp Realty, LLC

Listed by eXp Realty, LLC · Broker phone: (866) 201-6210 · Broker website

MLS# 4021781· Source: Garden State MLS, LLC· 196 days on PropertySimple

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

305 W Main St, Boonton Town, NJ 07005-1151

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