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Office Building with Basement
For Sale
$1,599,999

1017 King Georges Post Road, Edison, NJ 08837

Commercial Sale, Edison, NJ

Property Size3,900 SF
Lot Size0.31 Acres
Price / SF$410.26
Days on Market189

Property Features for 1017 King Georges Post Road

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning description Commercial
Rooms Basement
Parking 22
Parking features Parking Lot
Basement Full
Directions Take Exit 131 toward Metuchen / Edison Merge onto Route 27 North Continue for approx. 2.5 miles Turn right onto King Georges Post Rd Continue on King Georges Post Rd for approx. 1.5 miles Destination will be on the right: 1017 King Georges Post Rd
Standard status Active
APN 05-00755-01-00036-01
Size 3,900 SF
Lot size 0.31 Acres

Additional Details

Condition Shell

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1952
Floors in Building 2
Buildings 1
Listing Agency: Real Broker, LLC- Hampton
Listed By: Paul G Cook
Added: Apr 22 Changed: Oct 23 Last Checked: Oct 27 at 5:06AM
MLS# 22610543

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This office building is under construction and planned for full renovation, with approximately 2,800 SF above grade arranged across two floors at 1,400 SF per floor. A full-height basement provides approximately 1,100 usable SF, bringing the stated property size to 3,900 SF. The space is intended to be delivered in a plain vanilla box condition, allowing an owner-user or investor to configure the interior for specific operational requirements.

Planned exterior work includes a new 22-space parking lot, concrete access steps, and ADA improvements with a handicap lift serving the building. The property includes central air, hot-water heating, public water, and public sewer. Built in 1952, it is located in Edison Township’s Raritan River Revitalization District.

Key Highlights

  • 3,900 SF stated property size with approximately 2,800 SF above grade
  • Full‑height basement with approximately 1,100 usable SF
  • Two above‑grade floors at 1,400 SF per floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,707
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,274,140 $1.3M
Cap Rate 7%
$910,100 $910.1K
Cap Rate 9%
$707,856 $707.9K
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$103.0K $26.40/SF
− Vacancy
−$18.0K −$4.62/SF
EGI
$84.9K $21.78/SF
− OpEx
−$21.2K −$5.44/SF
NOI
$63.7K $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%
$1,274,140
Cap Rate 7%
$910,100
Cap Rate 9%
$707,856

Alternative Uses

Best Use
Office B
$910.1K
$796.3K – $1.06M (±1% cap)
NOI $63,707 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.11M – $1.47M (±1% cap)
NOI $88,478 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Pharmacy Auto Parts Store Storage Facility

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

774
Businesses Nearby

Demographics for 08837, NJ

18,463
Population
7,670
Households
2.4
Avg Household Size
39
Median Age
52%
College-Educated
94%
High-School Grad
9.1 sq mi
ZIP Area
2,029
Density / Sq Mi
$107,948
Median Household Income
$63,140
Median Earnings
$1,778
Median Rent
$432,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 building - Two-story office property with customizable interiors, central air, public utilities, and planned on-site parking improvements.
Where is this office building located?
The property is located at 1017 King Georges Post Road Edison, NJ.
What is the asking price?
The asking price for this property is $1,599,999.
What are key features of this property?
This property features: 3,900 SF stated property size with approximately 2,800 SF above grade; Full‑height basement with approximately 1,100 usable SF; Two above‑grade floors at 1,400 SF per floor
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