Two-Office Professional
10 Auer Ct B, East Brunswick, NJ 08816
For Sale
$139,000
Updated interior finishes and a private restroom support a functional setting for professional services.
Property Size587 SF
Days on Market18
Property Features for 10 Auer Ct B
General Information
Standard status
Size
Property subtype
Additional Details
Floor
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
ReMax First Realty
Listed By:
KENNETH MUELLER
(908) 337-9448
Source:
Elliman
Added: Oct 23
Changed: Nov 7
Last Checked: Nov 8 at 7:10AM
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 ReMax First Realty
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Investment Insights
Based on property information with market context.
This office suite at 10 Auer Ct B in East Brunswick, New Jersey, includes two private offices, an open reception and conference area, a private bathroom, and basement storage. Recent improvements include new carpeting and interior painting. The building was constructed in 1991.
The suite is part of Williamsburg Commons Office Park. Its ground-level position provides direct, convenient access to the office space.
The suite is part of Williamsburg Commons Office Park. Its ground-level position provides direct, convenient access to the office space.
Key Highlights
- Two private offices plus an open reception and conference area
- Private bathroom and additional basement storage
- Recently installed carpeting and fresh interior paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,981
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$179,620
$179.6K
Cap Rate 7%
$128,300
$128.3K
Cap Rate 9%
$99,789
$99.8K
Market Conditions
NOI Build-Up for 587 SF
Gross rent
$17.6K $30.00/SF
− Vacancy
−$5.6K −$9.60/SF
EGI
$12.0K $20.40/SF
− OpEx
−$3.0K −$5.10/SF
NOI
$9.0K $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%
$179,620
Cap Rate 7%
$128,300
Cap Rate 9%
$99,789
Alternative Uses
Best Use
Office B
$128.3K
$112.3K – $149.7K
NOI $8,981 @ 7.0% cap · market cap 6.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$153.3K
$134.1K – $178.8K
NOI $10,729 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,158
Businesses Nearby
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Business Placement
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
$502,600
Median Home Value
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Market
Average Price Trend$/SF for Office Units in East Brunswick, NJ
Properties on Market for Office Units in East Brunswick
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Updated interior finishes and a private restroom support a functional setting for professional services.
Where is this office unit located?
The property is located at 10 Auer Ct B East Brunswick, NJ.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Two private offices plus an open reception and conference area; Private bathroom and additional basement storage; Recently installed carpeting and fresh interior paint
