305 W Main St
Boonton, NJ, 07005 $ 1,300,000
Bedrooms-- Baths-- Sq 4,690 Monthly Estimate*
$ 8,004
for $1,300,000 with 5 half baths. This 4,690 square foot building was built in 1880 on a lot size of 0.37.
STOP LEASING. START OWNING. Prime opportunity for an entrepreneur, professional practice, or owner occupant seeking a highly visible location with room to expand. Located in the heart of Boonton's thriving business district, this meticulously maintained 4,690 SF commercial property offers a rare combination of visibility, flexibility, and long-term value at a 6.7% cap rate. Configured as two separate units with private entrances, the building features reception areas, private offices, conference rooms, dedicated workspaces, kitchen facilities, and adaptable layouts suitable for any business. A standout feature is the 15 private on-site parking spaces?a rarity in downtown locations and a significant convenience for employees and clients alike. Zoning permits a wide variety of uses, including medical, professional, retail, vocational, salon, spa, dog grooming, and other service-oriented businesses, with potential mixed-use opportunities subject to town approvals. Recent improvements include a new fire suppression system, updated windows, and an improved driveway. Conveniently located within walking distance to downtown Boonton's restaurants, shops, and NYC transportation, the property is surrounded by established businesses, medical offices, and a strong residential base. A rare opportunity to establish your business, build equity, and own a prominent commercial property in one of Morris County's most desirable business corridors.
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FeaturesGeneralSewer Public Sewer
Construction Wood
Heating 2 Units Baseboard - Hotwater
Cooling 2 Units Central Air
Utilities Electric Gas-Natural
Possession at closing
Roof Asphalt Shingle
Zoning Commercial
Garage Spaces 15
Year Built 1880
Township Boonton Town
Property Type Free Standing Office Office/Retail See Remarks See Remarks
Tax Year 2025
Ownership Fee Simple
Location Business District Freestanding Residential Area
Gross Income 107400
County Morris
Net Operating Income 87400
Operating Expense 20000
Status Active
Directions Boulevard to W Main St Boonton
Number Of Units Total 2
Tax Annual Amount 15651
Drive Blacktop Off-Street Parking Parking Lot-Exclusive
Leasable Area 4690
Standard Status Active
Tax Assessed Value 450000
Town # 2301
Tax Lot 6.01
Cap Rate 6.70
Farm Assessment No
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InteriorBasement Storage Unfinished
Flooring Carpeting Laminate
Fuel Type Gas-Natural
Total Stories 3
Half Baths 5
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ExteriorLot Features Corner
Water Source Public Water
Total Parking 15
Exterior Description Vinyl Siding
Building Area Total 4690
Lot Dimensions 0.371 ACRES
Lot Size Acres 0.37
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* Excluded FeaturesList ByCLAUDIA PATTERSONListing Agent
claudia.patterson28@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,004
- Monthly Property Taxes
- $1,304
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Boonton, NJ
Average List Price $789,800
Percent of Sale Price 39%
About Boonton, NJ 15,403 Population
0% Since 2002
$ 103,096 Median Income
44.35 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/20/2026 | $1,300,000 | | Listed Price |