Permitted Commercial
For Sale
$749,999
1754 State Route 27 Highway, Edison, NJ 08817
Commercial Sale, Edison, NJ
Property Size2,000 SF
Lot Size0.20 Acres
Price / SF$374
Days on Market130
Property Features for 1754 State Route 27 Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
OS1
Parking
7
Standard status
Active
APN
05001602100049
Size
2,000 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
7691
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1952
Floors in Building
1
Listing Agency:
AMERICA AGENCY
(800) 541-1999
Listed By:
Louis Trenta
(732) 985-7894
Added: Apr 28
Changed: Sep 1
Last Checked: Sep 4 at 12:06AM
MLS# 2614769R
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 0.2011-acre commercial land parcel includes an existing family dwelling that requires demolition. Completed township, state, county, and local approvals support development of a 2,000-square-foot, two-story structure. The planned ground floor is designated for retail use, while the second floor may accommodate office or apartment space.
The property is located at 1754 State Route 27 Highway in Edison, New Jersey. Public water and public sewer are identified for the site. The parcel carries OS1 zoning, and the development approvals are complete for the applicable jurisdictional requirements.
The property is located at 1754 State Route 27 Highway in Edison, New Jersey. Public water and public sewer are identified for the site. The parcel carries OS1 zoning, and the development approvals are complete for the applicable jurisdictional requirements.
Key Highlights
- 0.2011‑acre commercial land parcel
- 2,000‑square‑foot proposed two‑story structure
- Ground floor planned for retail use
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
$27,972
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
3.73%
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%
$559,440
$559.4K
Cap Rate 7%
$399,600
$399.6K
Cap Rate 9%
$310,800
$310.8K
Market Conditions
NOI Build-Up for 2,000 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
$43.2K $21.60/SF
− Vacancy
−$3.2K −$1.62/SF
EGI
$40.0K $19.98/SF
− OpEx
−$12.0K −$5.99/SF
NOI
$28.0K $13.99/SF
Area
Edison, NJ
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
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%
$559,440
Cap Rate 7%
$399,600
Cap Rate 9%
$310,800
Alternative Uses
Best Use
Retail
$399.6K
$349.7K – $466.2K
NOI $27,972 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$648.2K
$567.2K – $756.2K
NOI $45,373 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,198
Businesses Nearby
170k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 60%
Dining 21%
Shops & Services 18%
Beauty & Spa 1%
H Mart
Groceries
101,666 visits/mo
0.2 miles
Burger King
Dining
13,892 visits/mo
0.1 miles
Paris Baguette
Dining
11,901 visits/mo
0.2 miles
TD Bank
Shops & Services
9,621 visits/mo
0.5 miles
Wells Fargo
Shops & Services
8,881 visits/mo
0.4 miles
Demographics for 08817, NJ
48,243
Population
17,260
Households
2.8
Avg Household Size
37
Median Age
49%
College-Educated
91%
High-School Grad
10.6 sq mi
ZIP Area
4,551
Density / Sq Mi
$109,734
Median Household Income
$54,631
Median Earnings
$1,946
Median Rent
$411,100
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - OS1-zoned parcel with completed approvals for a two-story retail and office or apartment structure.
Where is this commercial land located?
The property is located at 1754 State Route 27 Highway Edison, NJ.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: 0.2011‑acre commercial land parcel; 2,000‑square‑foot proposed two‑story structure; Ground floor planned for retail use
