Two-Story Office Building
101 State Route 27, Edison, NJ 08820
For Sale
Contact for pricing
Two-story Class C office building offers owner-user use with multiple tenants on a 0.44-acre lot.
Property Size8,200 SF
Lot Size0.44 Acres
Price / SF$402.44
Days on Market161
Property Features for 101 State Route 27
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Investment Type
Building Details
Year Built
Stories
Units
Tenancy
Listing Agency:
Zimmel Associates
Listed By:
David Zimmel · License NJ #7933396
(732) 661-9200
Source:
Crexi
Added: Jun 5
Changed: Nov 2
Last Checked: Nov 12 at 8:07AM
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 Zimmel Associates
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Investment Insights
Based on property information with market context.
The property is an 8,200 SF, two-story office building built in 1950, offered as an owner-user opportunity. The building provides Class C office space and is currently occupied by multiple tenants, supporting a ready-to-operate setup for an owner who wants to use part of the building while maintaining income from existing occupancy.
The building is located on State Route 27 in Edison, NJ, on a 0.44-acre lot. Its placement along the state route supports straightforward access for employees and visitors, and the site size provides room to accommodate day-to-day on-site operations.
For tenants or buyers seeking an owner-user office configuration, the current multi-tenant occupancy may offer flexibility for managing space usage and future plans. As a for-sale property, it is well suited to an operator looking for a smaller, independently controlled office building rather than a leased suite within a larger complex.
The building is located on State Route 27 in Edison, NJ, on a 0.44-acre lot. Its placement along the state route supports straightforward access for employees and visitors, and the site size provides room to accommodate day-to-day on-site operations.
For tenants or buyers seeking an owner-user office configuration, the current multi-tenant occupancy may offer flexibility for managing space usage and future plans. As a for-sale property, it is well suited to an operator looking for a smaller, independently controlled office building rather than a leased suite within a larger complex.
Key Highlights
- 8,200 SF, two‑story office building in Edison, NJ
- Located on State Route 27
- Class C office space with multiple tenants currently occupying the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,947
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,678,940
$2.7M
Cap Rate 7%
$1,913,529
$1.9M
Cap Rate 9%
$1,488,300
$1.5M
Market Conditions
NOI Build-Up for 8,200 SF
Gross rent
$216.5K $26.40/SF
− Vacancy
−$37.9K −$4.62/SF
EGI
$178.6K $21.78/SF
− OpEx
−$44.6K −$5.44/SF
NOI
$133.9K $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%
$2,678,940
Cap Rate 7%
$1,913,529
Cap Rate 9%
$1,488,300
Alternative Uses
Best Use
Office B
$1.91M
$1.67M – $2.23M
NOI $133,947 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.66M
$2.33M – $3.10M
NOI $186,031 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
1,641
Businesses Nearby
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Business Placement
Demographics for 08820, NJ
41,169
Population
13,215
Households
3.1
Avg Household Size
42
Median Age
71%
College-Educated
93%
High-School Grad
10.4 sq mi
ZIP Area
3,959
Density / Sq Mi
$168,453
Median Household Income
$86,386
Median Earnings
$1,925
Median Rent
$597,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Middlesex County, NJ
Properties on Market for Office buildings in Middlesex County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Two-story Class C office building offers owner-user use with multiple tenants on a 0.44-acre lot.
Where is this office building located?
The property is located at 101 State Route 27 Edison, NJ.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 8,200 SF, two‑story office building in Edison, NJ; Located on State Route 27; Class C office space with multiple tenants currently occupying the property
