Updated Commercial Space on
505 State Route 18 East Brunswick, NJ 08816
505 State Route 18, East Brunswick, NJ, 08816
$900,000
For Sale
$900,000
COMMERCIAL - East Brunswick, NJ
Property Size1,744 SF
Lot Size0.22 Acres
Price / SF$516.06
Days on Market100
Property Features for 505 State Route 18
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- HC2
- Parking
- 10
- Interior features
- Refrigeration
- Appliances
- Refrigeration
- Standard status
- Active
- APN
- 04000580100014
- Size
- 1,744 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8572
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Radiant, Other (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1935
- Floors in Building
- 2
- Flooring type
- Tile, Tile - Ceramic, Carpet, Laminate
- Building materials
- Brick
- Roof type
- Asphalt
Listing Agency
ORANGE KEY REALTY, INC.
(732) 297-6969
863 GEORGES ROAD, Monmouth Junction, NJ
Listed by
Helena Yousefzadeh
(732) 297-6969
Added: Apr 9 Checked: Jul 17 at 11:06 am
MLS# 2613297R
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.
Located in East Brunswick, NJ, 505 Route 18 is a commercial property suitable for retail, professional offices, or specialty services. The property features a completely renovated first floor with 5 private rooms and an updated bathroom. The second floor includes 3 additional rooms and a full bath. New carpeting and laminate flooring are installed throughout. A newer powder room (2020), new first-floor doors, mostly updated windows, newer gutters, a newer roof, updated exit lighting, and full fire code compliance are included. The parking lot lighting and marquee were updated in 2021 with a new fixture and LED bulbs. Insulation and vapor barriers in the crawl space, along with attic insulation, were replaced in 2016, and radiator covers were added to the second floor in 2017. The fully finished basement provides functional space, complete with new flooring, a sink, and a designated eating area. The property includes a private parking lot accommodating up to 10 vehicles. The lot size is 0.2152 acres. The property size is 1744 square feet.
Key Highlights
- Commercial building built in 1935 with brick construction, asphalt roof, central air, and radiant/hot water heating
- First floor fully renovated with 5 private rooms and an updated bathroom
- Second floor offers 3 additional rooms plus a full bath
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 | $52.3k | $30.00 |
| − Vacancy | −$16.7k | −$9.60 |
| EGI | $35.6k | $20.40 |
| − OpEx | −$8.9k | −$5.10 |
| NOI | $26.7k | $15.30 |
1,744 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$381.2K
$333.5K – $444.7K
NOI $26,683 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$455.4K
$398.5K – $531.3K
NOI $31,878 @ 7.0% cap · market cap 3.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Versatile commercial space with high visibility and recent updates.
Where is this office units located?
The property is located at 505 State Route 18 East Brunswick, NJ.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Commercial building built in 1935 with brick construction, asphalt roof, central air, and radiant/hot water heating; First floor fully renovated with 5 private rooms and an updated bathroom; Second floor offers 3 additional rooms plus a full bath
