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Two-Unit Medical Office Portfolio
New
For Sale
$535,000

1 Brier Hill Court, East Brunswick, NJ 08816

Commercial Sale, East Brunswick, NJ

Property Size1,632 SF
Lot Size0.12 Acres
Price / SF$327.82
Days on Market6

Property Features for 1 Brier Hill Court

General Information

Property type Commercial Sale
Property subtype Other
Zoning OP1
Parking 25
Parking features Parking Lot
Standard status Active
APN 04003190000000320000C0003
Size 1,632 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9091

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1979
Floors in Building 1
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: DAVIS REALTORS
Listed By: Daniel Razzano
Added: Oct 8 Changed: Oct 12 Last Checked: Oct 13 at 5:06AM
MLS# 2705954R

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 two-unit medical and professional office condominium portfolio totals 2,417 SF. Unit A-1 contains 1,632 SF, with 816 SF on the main level and 816 SF of finished basement space; Unit A-2 offers 785 SF on the ground floor. Both suites have been renovated and are occupied by established practices, including psychology and podiatry. Zoning is OP1.

The offices are within the Brier Hill professional and medical complex in East Brunswick, near Cranbury Road and Route 18. Route 1 and New Jersey Turnpike Exits 9 and 8A provide additional regional access.

The condominium association manages common-area and exterior responsibilities, including landscaping and snow removal. Tenants handle much of the routine interior upkeep in their respective suites. Building systems include forced-air heat and central air conditioning.

Key Highlights

  • Two office condominiums totaling 2,417 SF
  • Unit A‑1: 1,632 SF, including 816 SF on the main level and 816 SF of finished basement space
  • Unit A‑2: 785 SF of ground‑floor office space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,970
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,400 $499.4K
Cap Rate 7%
$356,714 $356.7K
Cap Rate 9%
$277,444 $277.4K
Market Conditions
NOI Build-Up for 1,632 SF
Gross rent
$49.0K $30.00/SF
− Vacancy
−$15.7K −$9.60/SF
EGI
$33.3K $20.40/SF
− OpEx
−$8.3K −$5.10/SF
NOI
$25.0K $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%
$499,400
Cap Rate 7%
$356,714
Cap Rate 9%
$277,444

Alternative Uses

Best Use
Office B
$356.7K
$312.1K – $416.2K (±1% cap)
NOI $24,970 @ 7.0% cap · market cap 4.67%
Second Best
Healthcare Medical
$347.1K
$303.8K – $405.0K (±1% cap)
NOI $24,300 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$426.1K
$372.9K – $497.2K (±1% cap)
NOI $29,830 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

University Pediatric Associates Medical Clinic Elliot Tokar, M.D. Pediatrician Rubin Elliot MD Pediatrician Jennings Gloria MD Physician Michael Grizzaffi, DMD Dental Office

Suggested Use

Top Pick Restaurant Building Supply Hair Salon Nail Salon Auto Repair Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,045
Businesses Nearby
Under-served
Demand for This Use

Demographics for 08816, NJ

48,729
Population
17,242
Households
2.8
Avg Household Size
42
Median Age
58%
College-Educated
94%
High-School Grad
20.2 sq mi
ZIP Area
2,412
Density / Sq Mi
$141,731
Median Household Income
$71,111
Median Earnings
$2,079
Median Rent
$502,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Occupied suites combine ground-floor offices with finished basement space and established medical and professional tenants.
Where is this medical office space located?
The property is located at 1 Brier Hill Court East Brunswick, NJ.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Two office condominiums totaling 2,417 SF; Unit A‑1: 1,632 SF, including 816 SF on the main level and 816 SF of finished basement space; Unit A‑2: 785 SF of ground‑floor office space
More about this property
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