Three-Story Office Building with
467 Middlesex Avenue Metuchen, NJ 08840
467 Middlesex Avenue, Metuchen, NJ, 08840
$995,000
For Sale
Under Contract
$995,000
COMMERCIAL - Metuchen, NJ
Property Size2,964 SF
Lot Size0.26 Acres
Price / SF$335.70
Days on Market106
Property Features for 467 Middlesex Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R1
- Parking
- 8
- Interior features
- Refrigeration, Carpeting, Dropped Ceiling
- Appliances
- Refrigeration
- Standard status
- Active Under Contract
- APN
- 0900117000000084
- Size
- 2,964 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 18377
Utilities
- Sewer type
- Public Sewer
- Heating system
- Radiant, Baseboard
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Floors in Building
- 3
- Flooring type
- Dropped ceiling, Tile - Ceramic, Tile, Wood, Carpet
- Building materials
- Wood Siding
- Roof type
- Asphalt
Listing agency
ON TRACK REALTY
(732) 494-2211
Listed by
Sanjeev Aneja
732-494-2211x111
Added: Apr 8 Updated: Jul 7 at 3:35PM Checked: Jul 22 at 6:06PM
MLS# 2613479R
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 three-story professional office building is set up for a full-service practice, with 10+ offices, a large conference room, and three bathrooms. The space is supported by three central AC units and six-zone baseboard heat, giving flexible comfort throughout the property. The exterior has been remodeled, and while the interior is described as pretty much ready to go, there is opportunity to further tailor the layout to your specific needs.
Located on a well-traveled highway in Metuchen, the property benefits from its own parking, a practical advantage for daily client and staff access. It is also noted as close to train service and offers easy access to major highways, supporting convenient commutes and straightforward logistics.
Ideal for attorneys or other professional office users seeking an owner-occupied opportunity, the existing configuration can be adapted for a range of office-driven businesses. With its multi-room setup and dedicated meeting space, it suits teams that want multiple private offices and a conference capability in one building.
Located on a well-traveled highway in Metuchen, the property benefits from its own parking, a practical advantage for daily client and staff access. It is also noted as close to train service and offers easy access to major highways, supporting convenient commutes and straightforward logistics.
Ideal for attorneys or other professional office users seeking an owner-occupied opportunity, the existing configuration can be adapted for a range of office-driven businesses. With its multi-room setup and dedicated meeting space, it suits teams that want multiple private offices and a conference capability in one building.
Key Highlights
- 3‑floor office building with 10+ offices and a large conference room
- 3 bathrooms and multiple interior office finishes including carpeting and tile/wood flooring
- Central air with three central AC units and ceiling fans throughout
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 | $88.9k | $30.00 |
| − Vacancy | −$28.5k | −$9.60 |
| EGI | $60.5k | $20.40 |
| − OpEx | −$15.1k | −$5.10 |
| NOI | $45.3k | $15.30 |
2,964 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$647.8K
$566.9K – $755.8K
NOI $45,349 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$774.0K
$677.2K – $903.0K
NOI $54,177 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dvorak & Associates LLC
Law Firm
Freedom Freight Management
Trucking Company
Iacona John
Law Firm
Gateway Funding Diversified ...
Loan Service
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FAQs
What type of property is this?
Office building - Three-floor office building with private parking and multiple office rooms, currently configured for law office use.
Where is this office building located?
The property is located at 467 Middlesex Avenue Metuchen, NJ.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 3‑floor office building with 10+ offices and a large conference room; 3 bathrooms and multiple interior office finishes including carpeting and tile/wood flooring; Central air with three central AC units and ceiling fans throughout
