Medical Office Condo with
2 State Route 27 Edison, NJ 08820
2 State Route 27, Edison, NJ, 08820
$300,000
For Sale
$300,000
COMMERCIAL - Edison, NJ
Property Size857 SF
Price / SF$350.06
Days on Market35
Property Features for 2 State Route 27
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- EI
- Parking
- 200
- Parking features
- Parking Lot
- Interior features
- Dropped Ceiling, Elevator
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active
- APN
- 0500643310001728C0507
- Size
- 857 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5864
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1985
- Floors in Building
- 5
- Flooring type
- Linoleum, Elevator, Tile - Ceramic, Dropped ceiling
- Roof type
- Flat
Listing agency
ON TRACK REALTY
(732) 494-2211
Listed by
Sanjeev Aneja
732-494-2211x111
Added: Jun 18 Updated: Jul 7 at 3:36PM Checked: Jul 22 at 1:06AM
MLS# 2617823R
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 for-sale medical office condo is located on the fifth floor of the Levinson Building and is configured with three tastefully finished exam rooms. The space is accessed by an elevator, making daily patient visits and staff movement straightforward.
The property is at 2 State Route 27 in Edison, NJ, in Middlesex County. The listing notes ample on-site parking and convenient access to major highways and the Metro Park Train Station. It also states the location is minutes away from Hackensack Meridian Hospital (JFK).
With a layout centered on exam rooms, the space is well-suited for established or expanding healthcare practices that need dedicated clinical rooms within a controlled condo environment. The EI zoning designation provides a medical-office oriented framework for appropriate professional use. For buyers planning a move-in timeline, the listing identifies a desired closing date in October or November 2026.
The property is at 2 State Route 27 in Edison, NJ, in Middlesex County. The listing notes ample on-site parking and convenient access to major highways and the Metro Park Train Station. It also states the location is minutes away from Hackensack Meridian Hospital (JFK).
With a layout centered on exam rooms, the space is well-suited for established or expanding healthcare practices that need dedicated clinical rooms within a controlled condo environment. The EI zoning designation provides a medical-office oriented framework for appropriate professional use. For buyers planning a move-in timeline, the listing identifies a desired closing date in October or November 2026.
Key Highlights
- Medical office condo on the 5th floor in the Levinson Building
- Includes 3 exam rooms
- Building elevator with accessible elevator installed
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 | $22.6k | $26.40 |
| − Vacancy | −$4.0k | −$4.62 |
| EGI | $18.7k | $21.78 |
| − OpEx | −$4.7k | −$5.44 |
| NOI | $14.0k | $16.33 |
857 SF · lease $26.40/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$200.0K
$175.0K – $233.3K
NOI $13,999 @ 7.0% cap · market cap 4.67%
Second Best
Healthcare Medical
$172.2K
$150.6K – $200.9K
NOI $12,051 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$277.8K
$243.0K – $324.1K
NOI $19,443 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
FAQs
What type of property is this?
Medical Office Space - Fifth-floor medical office condo with three exam rooms in Levinson Building, supported by on-site parking.
Where is this medical office space located?
The property is located at 2 State Route 27 Edison, NJ.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Medical office condo on the 5th floor in the Levinson Building; Includes 3 exam rooms; Building elevator with accessible elevator installed
