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

> **TL;DR:** commercial, $1,300,000 ($277/sqft), built 1880, 4,690 sqft.
> Basement. Est. $5,633/mo. Listed 42 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,300,000 |
| Price/sqft | $277 |
| Square Feet | 4,690 |
| Year Built | 1880 |
| Lot Size | 16,117 sqft (0.37 acres) |
| Stories | 3 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 42 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,633 |
| **Total** | **$5,633** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1880
- 0.37 acre lot
- 3 stories
- 15 parking spaces

## Description

### Agent Description
Highly visible commercial property with strong frontage in the heart of Boonton's business district, located within the supply-constrained Morris County submarket. This 4,690 SF multi-level asset is 100% occupied through July 31, 2026, meticulously maintained, and in turnkey condition. Configured as two units, each with a separate entrance, this property offers both immediate cashflow potential and flexibility for investors or future owner-users.  The layout includes private offices, conference rooms, dedicated workspaces, and a kitchenette well suited for a variety of professional uses. A rare and valuable feature, the property includes 15 private on-site parking spaces, a significant advantage for this asset type.  Zoning allows for medical, professional, retail, vocational, dog grooming and services (e.g. salon, spa), with potential for mixed-use conversion subject to town approvals, creating additional upside.  The property presents a compelling investment opportunity with a current 6.7% cap rate, low operating expenses supported by tenant reimbursements, and clear rent growth potential, as rents have not increased in over three years.  Recent capital improvements include a new fire suppression system (2025), along with updated driveway and windows, minimizing near-term capital expenditures.  Ideally located within walking distance to downtown Boonton, with access to shopping, restaurants, NYC transit, nearby medical offices, and a strong surrounding residential base.

## Location

- **Address:** 305 W Main St, Boonton Town, NJ 07005-1151
- **County:** Morris
- **Coordinates:** 40.90706, -74.42311
- **Google Maps:** https://www.google.com/maps?q=40.90706,-74.42311

## Listing Agent

- **Name:** CLAUDIA PATTERSON
- **Brokerage:** EXP REALTY, LLC
- **Phone:** 8662016210
- **Email:** claudia.patterson28@gmail.com

## Primary Photo

![305 W Main St - Primary Photo](http://lh.rdcpix.com/af2d1abe1c11bf1523538e1dad4b06f0l-f1471886122r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/305-w-main-st-boonton-town-nj-07005-1151-4021781)*

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**MLS#:** 4021781 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/305-w-main-st-boonton-town-nj-07005-1151-4021781)

---

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