Four-Unit Office
For Sale
$999,995
1562 US Highway 130, North Brunswick, NJ 08902
Commercial Sale, North Brunswick, NJ
Property Size5,144 SF
Lot Size0.59 Acres
Price / SF$194.40
Days on Market220
Property Features for 1562 US Highway 130
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Parking
27
Lot features
Highway Commercial, Highway Location
Directions
Route 130 N to Old Georges Road
Standard status
Active
APN
1400278000000009
Size
5,144 SF
Lot size
0.59 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
26612
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
prominent signage
Building Details
Year built
1987
Floors in Building
2
Listing Agency:
DAVIS REALTORS
(732) 254-6700
Listed By:
Jonathan Benowitz
(732) 881-1414
Added: Feb 12
Changed: Sep 11
Last Checked: Sep 20 at 2:06AM
MLS# 2610790R
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.
Investment Insights
Based on property information with market context.
This 5,144-square-foot office property contains four professional suites and was built in 1987. The building is separately metered, served by central air, and currently occupied by long-term tenants. A first-floor suite of approximately 1,286 square feet could be made available through tenant relocation, providing an owner-user configuration while retaining additional occupied space.
The property occupies 0.59 acres on US Highway 130 in North Brunswick, with prominent signage and on-site parking. Access to Route 1, the New Jersey Turnpike, Route 27, Route 18, and Route 287 supports connections throughout the surrounding office corridor. C1 zoning, public water, and public sewer further define the property’s physical and land-use profile.
The property occupies 0.59 acres on US Highway 130 in North Brunswick, with prominent signage and on-site parking. Access to Route 1, the New Jersey Turnpike, Route 27, Route 18, and Route 287 supports connections throughout the surrounding office corridor. C1 zoning, public water, and public sewer further define the property’s physical and land-use profile.
Key Highlights
- 5,144 SF four‑unit office building on 0.59 acres
- Currently fully occupied by long‑term tenants
- Separately metered suites with central air
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$78,703
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,574,060
$1.6M
Cap Rate 7%
$1,124,329
$1.1M
Cap Rate 9%
$874,478
$874.5K
Market Conditions
NOI Build-Up for 5,144 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$154.3K $30.00/SF
− Vacancy
−$49.4K −$9.60/SF
EGI
$104.9K $20.40/SF
− OpEx
−$26.2K −$5.10/SF
NOI
$78.7K $15.30/SF
Area
Middlesex County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,574,060
Cap Rate 7%
$1,124,329
Cap Rate 9%
$874,478
Alternative Uses
Best Use
Office B
$1.12M
$983.8K – $1.31M
NOI $78,703 @ 7.0% cap · market cap 7.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.18M – $1.57M
NOI $94,024 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
Explore this area
Business Placement
Demographics for 08902, NJ
43,296
Population
15,892
Households
2.7
Avg Household Size
38
Median Age
45%
College-Educated
87%
High-School Grad
13.2 sq mi
ZIP Area
3,280
Density / Sq Mi
$117,671
Median Household Income
$57,880
Median Earnings
$2,055
Median Rent
$402,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Separately metered suites offer central air, on-site parking, and access to major regional routes.
Where is this office building located?
The property is located at 1562 US Highway 130 North Brunswick, NJ.
What is the asking price?
The asking price for this property is $999,995.
What are key features of this property?
This property features: 5,144 SF four‑unit office building on 0.59 acres; Currently fully occupied by long‑term tenants; Separately metered suites with central air
