Updated Medical Office
320 Spotswood Englishtown Road Monroe, NJ 08831
320 Spotswood Englishtown Road, Monroe, NJ, 08831
$650,000
For Sale
$650,000
COMMERCIAL - Monroe, NJ
Property Size1,392 SF
Lot Size0.23 Acres
Price / SF$466.95
Days on Market14
Property Features for 320 Spotswood Englishtown Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- NC
- Parking
- 9
- Parking features
- Garage
- Interior features
- Carpeting
- Standard status
- Active
- APN
- 1200150000000001
- Size
- 1,392 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8510
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Flooring type
- Tile - Ceramic, Carpet
- Building materials
- Stucco, Vinyl Siding
- Roof type
- Asphalt
Listing Agency
RE/MAX FIRST REALTY, INC.
(732) 257-3500
33 BRUNSWICK WOODS DRIVE, NJ
Listed by
Karen Scarpa · License #8838475
(732) 257-3500
Added: Jul 7 Checked: Jul 20 at 1:06 pm
MLS# 2770004M
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 updated commercial office building offers a flexible interior layout designed for a range of professional uses. The space includes two private offices, a spacious conference room, an open area currently configured with 11 cubicles, and two half bathrooms. A kitchenette with a refrigerator, sink, and countertop supports everyday break and work needs, and the interior is described as bright and move-in ready.
The property is located on a busy road with high visibility and is presented with a stucco and stone exterior. Exterior amenities include nine dedicated parking spaces and a ramp providing handicap accessibility.
With its combination of private work areas, meeting space, and an open layout, the building is suited to organizations seeking a turnkey office environment with on-site parking.
The property is located on a busy road with high visibility and is presented with a stucco and stone exterior. Exterior amenities include nine dedicated parking spaces and a ramp providing handicap accessibility.
With its combination of private work areas, meeting space, and an open layout, the building is suited to organizations seeking a turnkey office environment with on-site parking.
Key Highlights
- Commercial office building with nearly 1,400 SF of flexible workspace
- Interior layout includes two private offices, a spacious conference room, and an open area currently set up for 11 cubicles
- Two half bathrooms plus kitchenette with refrigerator, sink, and countertop
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 | $41.8k | $30.00 |
| − Vacancy | −$13.4k | −$9.60 |
| EGI | $28.4k | $20.40 |
| − OpEx | −$7.1k | −$5.10 |
| NOI | $21.3k | $15.30 |
1,392 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$304.3K
$266.2K – $355.0K
NOI $21,298 @ 7.0% cap · market cap 3.28%
Second Best
Healthcare Medical
$296.1K
$259.1K – $345.4K
NOI $20,726 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$363.5K
$318.1K – $424.1K
NOI $25,444 @ 7.0% cap · market cap 3.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Monroe Comprehensive Medical ...
Alternative Medicine Practice
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Updated office building with private offices, conference room, kitchenette, and nine dedicated parking spaces.
Where is this office building located?
The property is located at 320 Spotswood Englishtown Road Monroe, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Commercial office building with nearly 1,400 SF of flexible workspace; Interior layout includes two private offices, a spacious conference room, and an open area currently set up for 11 cubicles; Two half bathrooms plus kitchenette with refrigerator, sink, and countertop
