Renovated Second-Floor Office
For Sale
Contact for pricing
1-513 Georges Road, North Brunswick, NJ 08902
Professional workspace with private access, reception area, dedicated office, remodeled restroom, and rear parking.
Property Size2,192 SF
Price / SF$0.52
Days on Market53
Property Features for 1-513 Georges Road
General Information
Standard status
Active
Size
2,192 SF
Additional Details
Floor
Second Floor
Taxes and HOA fees
Annual Taxes
$13,602
Amenities
private entrance
reception/waiting area
private office space
fully remodeled bathroom
Listing Agency:
WEICHERT CO REALTORS
(732) 254-1700
Listed By:
SHWETA PATIL
(203) 252-7192
Source:
Exprealty
Added: Sep 11
Changed: Oct 25
Last Checked: Nov 1 at 10:39AM
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 WEICHERT CO REALTORS
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,192-square-foot office unit occupies the second floor and has undergone a full renovation. The layout includes a private entrance, reception and waiting area, dedicated office space, and a remodeled bathroom, creating a finished professional setting for office operations.
The property is located at 1-513 Georges Road in North Brunswick, New Jersey, with exposure along Georges Road and parking available at the rear. The combination of private access, completed interior improvements, and on-site parking supports a range of professional office uses.
The property is located at 1-513 Georges Road in North Brunswick, New Jersey, with exposure along Georges Road and parking available at the rear. The combination of private access, completed interior improvements, and on-site parking supports a range of professional office uses.
Key Highlights
- 2,192 SF second‑floor office unit
- Fully renovated interior with a remodeled bathroom
- Private entrance with reception and waiting area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,538
Suggested Prices Based on Cap Rates
Cap Rate 5%
$670,760
$670.8K
Cap Rate 7%
$479,114
$479.1K
Cap Rate 9%
$372,644
$372.6K
Market Conditions
NOI Build-Up for 2,192 SF
Gross rent
$65.8K $30.00/SF
− Vacancy
−$21.0K −$9.60/SF
EGI
$44.7K $20.40/SF
− OpEx
−$11.2K −$5.10/SF
NOI
$33.5K $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%
$670,760
Cap Rate 7%
$479,114
Cap Rate 9%
$372,644
Alternative Uses
Best Use
Office B
$479.1K
$419.2K – $559.0K
NOI $33,538 @ 7.0% cap · market cap 2,916.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$572.4K
$500.8K – $667.8K
NOI $40,066 @ 7.0% cap · market cap 3,484.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,048
Businesses Nearby
Explore this area
Business Placement
Demographics for 08902, NJ
43,296
Population
15,892
Households
2.7
Avg Household Size
38
Median Age
45%
College-Educated
87%
High-School Grad
13.2 sq mi
ZIP Area
3,280
Density / Sq Mi
$117,671
Median Household Income
$57,880
Median Earnings
$2,055
Median Rent
$402,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Professional workspace with private access, reception area, dedicated office, remodeled restroom, and rear parking.
Where is this office unit located?
The property is located at 1-513 Georges Road North Brunswick, NJ.
What are key features of this property?
This property features: 2,192 SF second‑floor office unit; Fully renovated interior with a remodeled bathroom; Private entrance with reception and waiting area
