Fully Renovated Office
1017 King Georges Post Road Edison, NJ 08837
For Sale
$1,599,999
COMMERCIAL - Edison, NJ
Property Size3,900 SF
Lot Size0.31 Acres
Price / SF$410.26
Days on Market98
Property Features for 1017 King Georges Post Road
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Rooms
Basement
Parking
22
Parking features
Parking Lot
Basement
Full
Standard status
Active
APN
05-00755-01-00036-01
Size
3,900 SF
Lot size
0.31 Acres
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
Listing Agency:
Real Broker, LLC- Red Bank
(855) 653-6723
Listed By:
Paul G Cook
(855) 653-6723
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 28 at 2:06PM
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.
Investment Insights
Based on property information with market context.
1017 King Georges Post Road is a commercial office building planned for full renovation and delivered in a plain vanilla box. The project includes approximately 2,800 square feet above grade, with space arranged as about 1,400 square feet per floor, plus a full-height basement offering approximately 1,100 square feet of usable area.
The building is located in Edison Township’s Raritan River Revitalization District (RRRD). Planned improvements include a new 22-space parking lot, new concrete access steps, and ADA-compliant upgrades. Those accessibility improvements include a handicap lift servicing the building, with work described as to be completed soon.
With the renovated shell and basement in place, the property is suited for an owner-user or an investor seeking to customize the interior layout for specific operational needs.
The building is located in Edison Township’s Raritan River Revitalization District (RRRD). Planned improvements include a new 22-space parking lot, new concrete access steps, and ADA-compliant upgrades. Those accessibility improvements include a handicap lift servicing the building, with work described as to be completed soon.
With the renovated shell and basement in place, the property is suited for an owner-user or an investor seeking to customize the interior layout for specific operational needs.
Key Highlights
- Under construction commercial building (2022 planned) with full renovation planned and ADA‑compliant upgrades
- Approximately 2,800 SF above grade (1,400 SF per floor) plus a full‑height basement off ~1,100 useable SF
- Located in Edison Township's Raritan River Revitalization District (RRRD)
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.0k | $26.40 |
| − Vacancy | −$18.0k | −$4.62 |
| EGI | $84.9k | $21.78 |
| − OpEx | −$21.2k | −$5.44 |
| NOI | $63.7k | $16.33 |
3,900 SF · lease $26.40/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$910.1K
$796.3K – $1.06M
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
NOI $88,478 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Renovation-planned office building with two floors, full-height basement, and an ADA lift.
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: Under construction commercial building (2022 planned) with full renovation planned and ADA‑compliant upgrades; Approximately 2,800 SF above grade (1,400 SF per floor) plus a full‑height basement off ~1,100 useable SF; Located in Edison Township's Raritan River Revitalization District (RRRD)
