Professional Office with Garage
169 Demorest Avenue Avenel, NJ 07001
169 Demorest Avenue, Avenel, NJ, 07001
$679,900
For Sale
$679,900
COMMERCIAL - Avenel, NJ
Property Size1,621 SF
Lot Size0.19 Acres
Price / SF$419.43
Days on Market102
Property Features for 169 Demorest Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R7.5
- Bathrooms
- 1
- Rooms
- Bathroom 2, Bathroom 1
- Parking
- 10
- Interior features
- Carpeting, Lighting Fixtures
- Standard status
- Active
- APN
- 250082700000004602
- Size
- 1,621 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 9383
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1957
- Floors in Building
- 1
- Flooring type
- Carpet, Tile - Ceramic, Lighting fixtures
- Building materials
- Block
- Roof type
- Asphalt
Listing Agency
CENTURY 21 MAIN STREET REALTY
(732) 750-4663
239 MAIN STREET, Woodbridge, NJ
Listed by
Joseph Cimilluca
(732) 527-7201
Added: Apr 8 Checked: Jul 18 at 12:06 am
MLS# 2613556R
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.
Well maintained professional office for sale featuring a main office, break area, private office, and two bathrooms. The property also includes parking for up to 10 cars plus a 3-car garage, supporting convenient day-to-day access for staff and visitors.
The building sits on a large, deep 150’ lot. The current use is an appraisal office, and the layout is also suitable for office users such as accounting, legal, architectural, or insurance-related operations.
Zoned R7.5, the property offers a practical combination of office interior space and on-site parking/garage capacity within a small site.
The building sits on a large, deep 150’ lot. The current use is an appraisal office, and the layout is also suitable for office users such as accounting, legal, architectural, or insurance-related operations.
Zoned R7.5, the property offers a practical combination of office interior space and on-site parking/garage capacity within a small site.
Key Highlights
- Well maintained professional office with main office, break area, private office, and 2 bathrooms
- Parking for up to 10 cars plus a 3‑car garage
- 150' deep lot
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.6k | $30.00 |
| − Vacancy | −$15.6k | −$9.60 |
| EGI | $33.1k | $20.40 |
| − OpEx | −$8.3k | −$5.10 |
| NOI | $24.8k | $15.30 |
1,621 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$354.3K
$310.0K – $413.4K
NOI $24,801 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$423.3K
$370.4K – $493.8K
NOI $29,629 @ 7.0% cap · market cap 4.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kane Appraisal Co.
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Well maintained professional office with main office, break area, private office, two baths, and parking for up to 10 cars plus a 3-car garage.
Where is this office building located?
The property is located at 169 Demorest Avenue Avenel, NJ.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: Well maintained professional office with main office, break area, private office, and 2 bathrooms; Parking for up to 10 cars plus a 3‑car garage; 150' deep lot
