Multi-Suite Office
For Sale
Contact for pricing
1-6 Kilmer Rd, Edison, NJ 08817
Private suite configurations include shared kitchen, common restrooms, and assigned on-site parking.
Property Size5,000 SF
Price / SF$0.28
Days on Market225
Property Features for 1-6 Kilmer Rd
General Information
Standard status
Active
Size
5,000 SF
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$60,759
Amenities
shared kitchen/break area
common restrooms
Listing Agency:
REAL
(855) 450-0442
Listed By:
MCANDREW OKWEI
(212) 380-3203
Source:
Exprealty
Added: Mar 5
Changed: Sep 18
Last Checked: Oct 15 at 2:57AM
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 REAL
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Investment Insights
Based on property information with market context.
This 5,000 SF professional office property at 1-6 Kilmer Rd in Edison, NJ includes multiple private suite configurations for businesses requiring compact or larger workspaces. Suite sizes range from 100 SF to 375 SF, supporting a variety of office requirements within a shared professional setting. Common amenities include a kitchen and break area, shared restrooms, and assigned on-site parking.
The property provides access to Route 1, Route 27, I-287, and the Garden State Parkway. Its Edison location places the office units within a Central New Jersey business corridor with direct connections to regional roadways. The range of suite sizes and shared facilities creates a flexible office environment for professional occupants and smaller business users.
The property provides access to Route 1, Route 27, I-287, and the Garden State Parkway. Its Edison location places the office units within a Central New Jersey business corridor with direct connections to regional roadways. The range of suite sizes and shared facilities creates a flexible office environment for professional occupants and smaller business users.
Key Highlights
- 5,000 SF professional office property at 1‑6 Kilmer Rd, Edison, NJ
- Multiple office suites ranging from 100 SF to 375 SF
- Shared kitchen and break area with common restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,675
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,633,500
$1.6M
Cap Rate 7%
$1,166,786
$1.2M
Cap Rate 9%
$907,500
$907.5K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$132.0K $26.40/SF
− Vacancy
−$23.1K −$4.62/SF
EGI
$108.9K $21.78/SF
− OpEx
−$27.2K −$5.44/SF
NOI
$81.7K $16.33/SF
Area
Edison, NJ
Vacancy
17.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,633,500
Cap Rate 7%
$1,166,786
Cap Rate 9%
$907,500
Alternative Uses
Best Use
Office B
$1.17M
$1.02M – $1.36M
NOI $81,675 @ 7.0% cap · market cap 5,833.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,434 @ 7.0% cap · market cap 8,102.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
760
Businesses Nearby
Explore this area
Business Placement
Demographics for 08817, NJ
48,243
Population
17,260
Households
2.8
Avg Household Size
37
Median Age
49%
College-Educated
91%
High-School Grad
10.6 sq mi
ZIP Area
4,551
Density / Sq Mi
$109,734
Median Household Income
$54,631
Median Earnings
$1,946
Median Rent
$411,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Private suite configurations include shared kitchen, common restrooms, and assigned on-site parking.
Where is this office units located?
The property is located at 1-6 Kilmer Rd Edison, NJ.
What are key features of this property?
This property features: 5,000 SF professional office property at 1‑6 Kilmer Rd, Edison, NJ; Multiple office suites ranging from 100 SF to 375 SF; Shared kitchen and break area with common restrooms
