31 Race St, Frenchtown Boro, NJ 08825
Hunterdon County
Key Facts
Description
This is a rare opportunity to own and operate a turnkey historic property in one of New Jersey's most sought-after river towns where small-town charm meets entrepreneurial potential. Own a piece of Frenchtown's history with this exceptional mixed-use hospitality property offering both a boutique hotel and full-service restaurant in one of New Jersey's most vibrant river towns. Ideally positioned on Race Street, this landmark building sits at the center of Frenchtown's vibrant downtown steps from the Delaware River, local shops, galleries, and year-round community events. Dating back to the 19th century, the property has been thoughtfully updated, blending historic charm with modern functionality. The hotel features multiple guest accommodations, each with unique period details, private baths, and inviting character?perfect for weekend visitors exploring the river towns or wedding parties seeking a boutique stay. Serious inquiries only.
Property Information
Property Type
Commercial Sale
Sub-Type
Hotel/Motel
Year Built
1854
Stories
3
Living Area
8,155 sq ft
Lot Size
0.37 acres
Ownership
Fee Simple
Days on Market
1
MLS® Listing#
3995500
Property Features
Cooling
Heating
Flooring
Basement
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$28,690
Tax year 2024
Assessed Value
$1,141,700
Parcel Number
1911-00041-0000-00005-0000-
Directions
Route 12 West becomes Kingwood Avenue. The National will be facing you at the stop.
Affordability Calculator
$1,179,980
Estimated monthly payment
$31,402/mo
Principal $4,719,920 · Est. interest $6,584,708 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Frenchtown Boro, NJ
- $658,491
- Median Listing Price
- 29
- Median Days on Market
- 2,253
- Median Sq Ft
- $341
- Median Price / Sq Ft
- 1,213
- Active Listings
- This home’s price is 796% above the area median.
- Its price per sq ft is 112% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Frenchtown Boro, NJ.
Location
Points of Interest in Frenchtown Boro, NJ
Showing the Frenchtown Boro area map.
Nearby Schools
Frenchtown Public School
Elementary · 0.5 mi away
Secret Garden Montessori
Elementary · 0.6 mi away
Kingwood Township School
Elementary · 2.9 mi away
Milford Public School
Elementary · 3.3 mi away
Milford Mustangs Pto
School · 3.3 mi away
Lester D. Wilson Elementary School
Elementary · 3.4 mi away
Delaware Valley Regional High School
Secondary · 3.8 mi away
River Valley Waldorf School
Secondary · 3.8 mi away
Alexandria Middle School
Elementary · 4.0 mi away
Tinicum Elementary School
Elementary · 4.2 mi away
Holland Township School
Elementary · 5.8 mi away
The LOTUS School of Liberal Arts Grades 9-12
School · 6.5 mi away
Franklin Township School
Elementary · 6.5 mi away
Palisades High School
Secondary · 7.2 mi away
Palisades School District
School · 7.3 mi away
Durham-Nockamixon Elementary School
Elementary · 7.3 mi away
Little Angels Preschool
School · 7.4 mi away
Palisades Middle School
Secondary · 7.6 mi away
St. Peter's Lutheran Church
School · 8.5 mi away
Delaware Township School
Elementary · 8.6 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 19 W Main St, Somerville Boro, NJ | $4,200,000 | — | — | 2,800 |
| 51 Abby Rd, Peapack Gladstone Boro, NJ | $4,300,000 | 2 | 3 | — |
| 4811 Stelton Rd, South Plainfield Boro, NJ | $4,500,000 | — | — | 35,018 |
| 4 Willow Ln, North Caldwell Boro, NJ | $4,500,000 | 7 | 8 | — |
| 24-1 Douglass Ave, Bernardsville Boro, NJ | $4,749,000 | 8 | 14 | — |
| 855-859 Mountain Ave, Mountainside Boro, NJ | $4,790,000 | — | — | 12,000 |
Moving Cost Estimate
EXIT Agents in Frenchtown Boro
Listing Courtesy: COLDWELL BANKER HEARTHSIDE - 9089967151