Free-Standing Office
For Sale
Contact for pricing
1-2 Austin Ave, Iselin, NJ 08830
Each unit includes a half bath with a gross lease structure and no CAM charges.
Property Size3,052 SF
Price / SF$0.43
Days on Market346
Property Features for 1-2 Austin Ave
General Information
Standard status
Active
Size
3,052 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Floor
1
Taxes and HOA fees
Annual Taxes
$18,202
Building Details
Buildings
1
Listing Agency:
CENTURY 21 MAIN STREET REALTY
(732) 750-4663
Listed By:
BARBARA J. SANCILARDI
(732) 266-8982
Source:
Exprealty
Added: Nov 25, 2025
Changed: Oct 26
Last Checked: Nov 4 at 3:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 MAIN STREET REALTY
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Investment Insights
Based on property information with market context.
Free-standing office units configured for separate tenancy. The available space is on the 1st floor, left side. Each unit has its own 1/2 bath.
Lease obligations are split as follows: the tenant pays electric and gas, while the landlord pays cold water and sewer. The arrangement is described as a gross lease with no CAM charges.
The property is positioned for road exposure along Rt. 1 and is located near major highways including the GSP, NJ Turnpike, Route 1&9, and Rt. 35, supporting convenient regional access.
Lease obligations are split as follows: the tenant pays electric and gas, while the landlord pays cold water and sewer. The arrangement is described as a gross lease with no CAM charges.
The property is positioned for road exposure along Rt. 1 and is located near major highways including the GSP, NJ Turnpike, Route 1&9, and Rt. 35, supporting convenient regional access.
Key Highlights
- 1st‑floor left‑side office unit within a free‑standing building
- Each unit has its own 1/2 bath
- Tenant pays electric and gas; landlord pays cold water and sewer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,696
Suggested Prices Based on Cap Rates
Cap Rate 5%
$933,920
$933.9K
Cap Rate 7%
$667,086
$667.1K
Cap Rate 9%
$518,844
$518.8K
Market Conditions
NOI Build-Up for 3,052 SF
Gross rent
$91.6K $30.00/SF
− Vacancy
−$29.3K −$9.60/SF
EGI
$62.3K $20.40/SF
− OpEx
−$15.6K −$5.10/SF
NOI
$46.7K $15.30/SF
Area
Middlesex County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$933,920
Cap Rate 7%
$667,086
Cap Rate 9%
$518,844
Alternative Uses
Best Use
Office B
$667.1K
$583.7K – $778.3K
NOI $46,696 @ 7.0% cap · market cap 3,592.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$796.9K
$697.3K – $929.8K
NOI $55,786 @ 7.0% cap · market cap 4,291.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,492
Businesses Nearby
Explore this area
Business Placement
Demographics for 08830, NJ
20,088
Population
6,618
Households
3
Avg Household Size
39
Median Age
55%
College-Educated
89%
High-School Grad
3.2 sq mi
ZIP Area
6,278
Density / Sq Mi
$112,615
Median Household Income
$61,805
Median Earnings
$2,051
Median Rent
$394,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Each unit includes a half bath with a gross lease structure and no CAM charges.
Where is this office unit located?
The property is located at 1-2 Austin Ave Iselin, NJ.
What are key features of this property?
This property features: 1st‑floor left‑side office unit within a free‑standing building; Each unit has its own 1/2 bath; Tenant pays electric and gas; landlord pays cold water and sewer
