1 Hilltop Road, Mendham OFF-MARKET MIXED USE COMMERCIAL OPPORTUNITY!

Mixed-Use Investment Opportunity in Historic District

Asking $925,000

Rare opportunity to acquire a mixed-use property in the highly desirable Historic District of Mendham. This property offers strong upside potential for investors looking to reposition, renovate, or stabilize an income-producing asset.

Property Highlights:

• Mixed-use building with 4 residential units + commercial space
• Flexible commercial layout:
  • Option for 2 separate commercial spaces, or
  • Single commercial space 
  • Basement could be office space or storage 
  • 1/2 bathroom in the basement
• Commercial space currently vacant (previous tenant occupied for 15 years at $2,000/month)

Residential Units:

• Four (4) 1-bedroom, 1-bath apartments
• Current rents:
  • 2 units at $1,200/month (month-to-month)
  • 1 unit at $1,300/month (lease expires 6/30/2026)
  • 1 unit at $1,200/month (lease expires 4/30/2026)
• All tenants paying on time

Investment Highlights:

• Potential to increase residential income and lease commercial space
• Strong upside in a charming, high-demand downtown location
• Ideal for investors, developers, or owner-users

Bring your vision—this property offers flexibility, character, and long-term growth potential in one of Morris County’s most sought-after areas.

Text Kim Kelly 201-616-8959 for more information