305 W Main St | Image 1
New
305 W Main St | Image 2
305 W Main St | Image 3
305 W Main St | Image 4
305 W Main St | Image 5
305 W Main St | Image 6
305 W Main St | Image 7

$1,300,000

For Sale

2 days ago

305 W Main St, Boonton Twp

House

MLS® 4021781

0 Bed

5 Bath

--

15 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $15,651
Days Active 2
Lot Size 
Approx. Age 1880
MLS® Number 4021781

Property Address: 305 W Main St, Boonton Twp, NJ, 07005-1151

Average square foot calculated using Size range provided by listing 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.
MLS® Number4021781
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1880
BasementStorage, Unfinished
DrivewayBlacktop, Off-Street Parking, Parking Lot-Exclusive
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 20, 2026List Date
$1,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
305 W Main St, Boonton Twp,

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties