Press Releases
Marcus & Millichap Brokers $4.7M Sale of Retail Center in West-Central New Jersey
FLEMINGTON, N.J., July 10, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Hunterdon Commons, a retail center in Flemington, New Jersey. The asset sold for $4.7 million.
“Retail fundamentals remain strong for properties that offer a balanced tenant mix and a proven operating history,” said Brent Hyldahl, managing director investments in Marcus & Millichap’s New Jersey office. “Hunterdon Commons presented an opportunity that appealed to a broad range of investors, allowing us to generate a competitive sales process and deliver a successful outcome for our client.”
Hyldahl and Alan Cafiero of Marcus & Millichap exclusively marketed the property on behalf of the seller, JDS Family Investments LLC. Seth Goldberg, along with Hyldahl and Cafiero, procured the buyer.
Located at 176 U.S. Route 202, the retail center sits on a 5.09-acre lot totaling 57,935 square feet. It was built in 1989 and renovated in 2017. The property has 13 tenants and was 97% occupied at the time of sale. The rent roll features a diverse mix of fitness, experiential, retail and service-oriented tenants.
Hunterdon Commons is near multiple shopping centers and Hunterdon Central High School. The property fronts U.S. Route 202, which sees more than 46,000 vehicles per day, and is near the Flemington Circle, connecting Routes 31 and 202, Hunterdon County’s main retail corridor.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.