Bernardsville, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Bernardsville, New Jersey Market population: 8K. Compare commercial properties across all major asset classes...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Bernardsville NJ Properties: 2.0600%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Bernardsville NJ
Common questions from investors exploring commercial real estate in Bernardsville NJ.
What makes Bernardsville, NJ an attractive location for real estate investment?
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The combination of a high median household income of $123,419, a low poverty rate of 1.9%, and a strong health insurance coverage rate of 97.4% suggests a stable and affluent market. Additionally, the top industries in Finance & Insurance, Professional, Scientific, & Technical Services, and Educational Services, & Healthcare & Social Assistance indicate a diverse and robust economy.
How does the demographic makeup of Bernardsville impact its real estate market?
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The town's ethnic diversity, with 83.1% White, 6.3% Asian, and a 14.1% foreign-born population, contributes to a unique cultural landscape. This diversity, paired with a high median property value of $729,800 and a low poverty rate, suggests a desirable and inclusive community for renters and homeowners alike.
What are the key factors influencing the quality of life in Bernardsville, and how do they impact real estate investment?
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The average commute time of 34.4 minutes, with 73.2% of residents driving alone and 12.5% working from home, indicates a relatively convenient and flexible commute. When combined with the high health insurance coverage rate of 97.4% and a low unemployment rate of 2.2%, these factors suggest a high quality of life, making Bernardsville an attractive location for renters and homeowners.
How does the local economy and industry landscape affect the real estate market in Bernardsville?
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The top industries in Finance & Insurance, Professional, Scientific, & Technical Services, and Educational Services, & Healthcare & Social Assistance drive the local economy and contribute to the town's high median household income of $123,419. This, in turn, supports the high median property value of $729,800 and a strong homeownership rate of 92.1%, making Bernardsville a stable and attractive market for real estate investment.
What role do education and income inequality play in shaping the real estate market in Bernardsville?
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The high school graduation rate of 98% and the percentage of residents with a Bachelor's degree or higher of 63.2% indicate a well-educated population. When considered alongside the median household income of $123,419 and a GINI coefficient of 0.463, these factors suggest a relatively equitable distribution of income, which can contribute to a stable and desirable real estate market.
Bernardsville NJ Real Estate & City Facts
Key facts and real estate information about Bernardsville NJ.
What are some of the best neighborhoods to live in Bernardsville?
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Some of the best neighborhoods to live in Bernardsville include Pill Hill Road, Liberty Corner, Anderson Hill Road, Mendham Road, and Hardscrabble Road. These neighborhoods offer a range of housing options, from historic homes to newer constructions, and are known for their tree-lined streets, good schools, and community atmosphere. Downtown Bernardsville is also a popular area, with its charming shops, restaurants, and community events.
What are some fun things to do in Bernardsville?
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There are plenty of fun things to do in Bernardsville, including visiting the Cross Estate Gardens, the Scherman Hoffman Wildlife Sanctuary, and the Great Swamp National Wildlife Refuge. You can also explore the charming downtown area, with its unique shops, restaurants, and community events. If you're looking for outdoor activities, Bernardsville has several parks and trails, including the Osborn Pond and the Black River Wildlife Management Area.
What is the food scene like in Bernardsville?
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The food scene in Bernardsville is diverse and vibrant, with a range of restaurants serving everything from Italian cuisine to contemporary American dishes. Some popular restaurants include Ristorante MV, Bistro Seven Three, Sette, Osteria Morini, and the Washington House Restaurant. There are also plenty of great food trucks and casual eateries, offering everything from burgers to salads to sandwiches. Whether you're in the mood for fine dining or a quick bite, Bernardsville has something for everyone.
What are the pros and cons of living in Bernardsville?
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The pros of living in Bernardsville include its charming small-town atmosphere, good schools, and convenient location near New York City. The town also has a strong sense of community, with many community events and activities throughout the year. However, some cons of living in Bernardsville include its high cost of living, including expensive housing and property taxes. Additionally, the town can be quite crowded and congested, especially during rush hour. Overall, Bernardsville is a great place to live for those who value a close-knit community and are willing to pay a premium for it.
Is Bernardsville a good place to live?
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Yes, Bernardsville is a good place to live, offering a unique blend of small-town charm and big-city convenience. The town has a strong sense of community, good schools, and a range of outdoor and cultural activities. While it can be expensive, many residents find that the benefits of living in Bernardsville outweigh the costs. Whether you're a young professional, a family, or a retiree, Bernardsville has something to offer, from its historic homes and charming downtown area to its beautiful parks and trails.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Bernardsville NJ Commercial Property: $123,419
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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