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Lakefront Office Unit
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100 Lakeview Drive C1, Jamesburg, NJ 08831

Bright office space with accessible entry ramps, shared lakefront views, and on-site parking.

Property Size800 SF
Price / SF$2.75
Days on Market55

Property Features for 100 Lakeview Drive C1

General Information

Standard status Active
Size 800 SF

Amenities

common area overlooking the lakefront
handicapped entry ramps

Building Details

Year Built 1999
Listing Agency: CENTURY 21 BURKE REALTY
Listed By: JOHN H. BURKE · License #3522589
Source: Mynewjerseyrealestate
Added: Aug 23 Changed: Oct 1 Last Checked: Oct 7 at 1:50PM

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 BURKE REALTY

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Investment Insights

Based on property information with market context.

This office unit is located in a 1999 commercial building and includes a common area oriented toward the lakefront. Handicapped entry ramps provide accessible access and support potential medical-office use. The property is offered for sale and includes parking in a quiet, private setting.

The office is next to Thompson Park and the downtown business district in Jamesburg, New Jersey. Its location combines a lakefront setting with proximity to established civic and business activity.

Key Highlights

  • Common area with lakefront views
  • Handicapped entry ramps support accessible access
  • On‑site parking in a quiet, private setting

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,912
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,240 $238.2K
Cap Rate 7%
$170,171 $170.2K
Cap Rate 9%
$132,356 $132.4K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$21.1K $26.40/SF
− Vacancy
−$1.3K −$1.58/SF
EGI
$19.9K $24.82/SF
− OpEx
−$7.9K −$9.93/SF
NOI
$11.9K $14.89/SF
Area
Middlesex County, NJ
Vacancy
6.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,240
Cap Rate 7%
$170,171
Cap Rate 9%
$132,356

Alternative Uses

Best Use
Office B
$174.9K
$153.0K – $204.0K (±1% cap)
NOI $12,240 @ 7.0% cap · market cap 556.36%
Second Best
Healthcare Medical
$170.2K
$148.9K – $198.5K (±1% cap)
NOI $11,912 @ 7.0% cap · market cap 541.45%
Theoretical Best
Office A
$208.9K
$182.8K – $243.7K (±1% cap)
NOI $14,623 @ 7.0% cap · market cap 664.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Big Box & Wholesale Store Hair Salon Parking Lot & Garage Storage Facility Real Estate Agency Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby

Demographics for 08831, NJ

55,123
Population
24,898
Households
2.2
Avg Household Size
53
Median Age
51%
College-Educated
95%
High-School Grad
51.3 sq mi
ZIP Area
1,075
Density / Sq Mi
$108,741
Median Household Income
$74,340
Median Earnings
$1,872
Median Rent
$489,700
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

Frequently Asked Questions

What type of property is this?
Office units - Bright office space with accessible entry ramps, shared lakefront views, and on-site parking.
Where is this office units located?
The property is located at 100 Lakeview Drive C1 Jamesburg, NJ.
What are key features of this property?
This property features: Common area with lakefront views; Handicapped entry ramps support accessible access; On‑site parking in a quiet, private setting
More about this property
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