Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1510 Park Ave South Plainfield, NJ 07080

    View on Map
    Sponsored
    For Sale
    Contact for pricing

    Commercial - South Plainfield, NJ

    Property size:
    983 SF
    Lot size:
    0.41 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 5 at 7:06 am

    Property Features for 1510 Park Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    OBC1
    APN
    2200096000000001
    Parking
    30
    Parking features
    Paved or Surfaced, Unassigned
    Size
    983 SF
    Lot size
    0.41 Acres

    Building Details

    Year built
    1968
    Floors in Building
    1
    Architectural style
    Other

    We can help!

    Listing Contact
    MILDRED CORREA

    Keller Williams Towne Square Realty (908) 766-0085

    Listing agent MILDRED CORREA (908) 766-0085

    Listing date Mar 4, 2026

    MLS# 2611420R Listing URL

    Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Professional Office Suite Available Now

    This 983 sq. ft. professional office suite is located on the first floor of a well-maintained building at 1510 Park Avenue in South Plainfield. Situated on a prominent 0.4132-acre lot, the space features a functional layout including 4 private offices, a conference room, and a dedicated reception area. The building offers unassigned paved parking for tenants and clients. The landlord covers landscaping, common area maintenance, sewer, trash, and water. Tenants are responsible for their own electric, heating, cooling, and property taxes (8% of annual taxes over 20K). The suite is available for immediate occupancy by agreement.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Joel Burton Rose Physician Oak Tree Pediatrics Hospital Jairo Lopez Photography ... Photography Service Contextual Therapy Medical Clinic Solages Joseph MD Pediatrician

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Plainfield
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4023329
    Latitude
    40.5994752

    Nearby Similar for Sale

    • Contact for pricing
      1,200 SF

      Modern Office Suites For Sale

      New construction office suites with flexible layouts and accessibility.
      1400 Hamilton Blvd, South Plainfield, NJ 07080
      View Details
    • Contact for pricing
      1,200 SF

      Modern Office Space Available Now

      Premium first-floor office suites in a newly constructed building.
      1400 Hamilton Blvd, South Plainfield, NJ 07080
      View Details
    • Contact for pricing
      1,200 SF

      Premium First-Floor Office Suites

      New construction office suites with versatile open floor plans.
      1400 Hamilton Blvd, South Plainfield, NJ 07080
      View Details
    • Contact for pricing
      854 SF

      South Plainfield Office Suite

      Professional office suite with reception area in well-maintained building.
      1550 Park Ave, South Plainfield, NJ 07080
      View Details
    • Contact for pricing
      400 SF

      Retail Space on Oak Tree

      400 SF retail space on Oak Tree Road corridor.
      307 Oak Tree Ave, South Plainfield, NJ 07080
      View Details
    • $1,999,000
      3,500 SF

      Established Auto Repair Shop For Sale

      Turnkey European auto repair shop with property in high-traffic area.
      2210 Park Ave, South Plainfield, NJ 07080
      View Details
    • Contact for pricing
      1,500 SF

      South Plainfield Commercial Space For Sale

      1,500 sq ft commercial space ideal for retail or office.
      189 Front St, South Plainfield, NJ 07080
      View Details
    • Contact for pricing
      25,000 SF

      South Plainfield Commercial Flex Space

      Flexible commercial space with office and loading dock in South Plainfield.
      3461 S Clinton Ave S, South Plainfield, NJ 07080
      View Details
    • Contact for pricing
      1,152 SF

      Renovated Storefront in Business District

      Renovated storefront in main business district with parking.
      174-176 Front St, South Plainfield, NJ 07080
      View Details
    • $3,000,000
      4.06 Acres

      South Plainfield Office & Warehouse

      4-acre office and warehouse space in South Plainfield, NJ.
      128 Oak Tree Ave, South Plainfield, NJ 07080
      View Details
    • $4,500,000
      35,018 SF

      Retail Strip Mall For Sale

      Six-store retail strip mall with triple net leases in place.
      4811 Stelton Rd, South Plainfield, NJ 07080
      View Details
    • Contact for pricing
      50,632 SF

      Industrial Building in South Plainfield

      50,632 SF industrial building on 3.8 acres for sale.
      110 Pomponio Ave, South Plainfield, NJ 07080
      View Details

    FAQs

    What type of property is this?
    Office units - 983 sq ft office suite in South Plainfield, NJ.
    Where is this office units located?
    The property is located at 1510 Park Ave South Plainfield, NJ.
    What is the asking price?
    The asking price for this property is $1,400.
    What are key features of this property?
    This property features: - Functional layout featuring 4 private offices, a conference room, and reception area.; - Rent includes landscaping, common area maintenance, sewer, trash, and water.; - Negotiable lease terms, ranging from one to over five years.
    (908) 766-0085
    Request Owner's contact information
    1510 Park Ave South Plainfield, NJ 07080
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1510 Park Ave
    South Plainfield, NJ 07080
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1510 Park Ave South Plainfield, NJ 07080
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    MILDRED CORREA
    (908) 766-0085
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!