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$1,100,000
6 Beds 4 Baths 4046441 MLS
Welcome to 126-128 Wilson Street in Boonton, an outstanding investment opportunity in a prime part of the city. This well-maintained three-unit property with a strong, proven rental history. The building has been consistently well cared for, reflecting pride of ownership and stable management. Each unit offers comfortable layouts with reliable income streams and room for future rent growth. The property delivers steady cash flow with minimal vacancy, making it an excellent addition to any investment portfolio. Its prime central location just minutes from downtown Boonton's shops, dining, and the NJ Transit station ensures continued tenant demand and long-term value. Convenient access to major highways and mass transit. Unit 126 is the entire left side of the property. 3 to 4 bedrooms, laundry room, first floor has kitchen, Mud room, dining room, living room, sun room, office/bedroom. Second floor has full bathroom, 3 bedrooms, walkup attic for storage. Unit 128A contains full finished basement with full bath, laundry room, storage room, utility room, bedroom and bonus room. Main floor has primary bedroom, sitting /baby room off the primary, full bath, kitchen, living room & mud room. Newer heat and hot water.Unit 128B is on the second floor above Unit 128A. Bedroom, living room, full bathroom, kitchen and walk up attic access for storage. Newer heat and hot water.GOOD CAP RATE.All units separate utilities. Parking on site for 7 cars.

126 Wilson St, Boonton Town

$1,300,000
4021781 MLS
Investment or Owner-User Opportunity | 6.7% Cap Rate | Immediate UpsideHighly visible 4,690 SF commercial building in the heart of Boonton's thriving business district. This meticulously maintained multi-level property offers the flexibility to invest, occupy, or both. The first floor is leased through October 31, 2026, providing immediate income, while approximately 2,500 SF on the second and third floors is available for owner occupancy or lease, making this an ideal opportunity for both investors and owner-users, to increase NOI and long-term value. Configured as two units with separate entrances, the building features reception areas, private offices, conference rooms, open workspaces, and a kitchenette, making it ideal for medical, professional, legal, financial, wellness, retail, educational, and service businesses. A rare downtown advantage, the property includes 15 private parking spaces. Zoning permits a wide variety of commercial uses with potential mixed-use opportunities, subject to municipal approvals. Recent improvements include a new fire suppression system (2025), updated windows, and an improved driveway. Walk to downtown Boonton's restaurants, shops, and NJ Transit, with easy access to Routes 287, 202, 46, and I-80. Exceptional opportunity for investors, owner-users, and 1031 buyers seeking stable income with leasing and appreciation potential.

305 W Main St, Boonton Town

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