Renovated Office Building with
1017 King Georges Post Road Edison, NJ 08837
1017 King Georges Post Road, Edison, NJ, 08837
$1,599,999
For Sale
$1,599,999
Fully renovated office building with two floors, a full-height basement, and planned ADA-compliant access upgrades.
Property Size3,900 SF
Price / SF$410.26
Days on Market103
Property Features for 1017 King Georges Post Road
General Information
- Standard status
- Active
- Size
- 3,900 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1952
Listing agency
Real Broker,LLC- Red Bank
Listed by
Paul G Cook
(833) 740-1234
Source
Actionplusrealty
Added: Apr 11 Updated: Jul 22 at 8:30AM Checked: Jul 22 at 8:30AM
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 Real Broker,LLC- Red Bank
Investment Insights
Based on property information with market context.
1017 King Georges Post Road is a fully renovated commercial office building delivered as a plain vanilla box, offering approximately 2,800 SF above grade (1,400 SF per floor) plus a full-height basement with about 1,100 SF of usable space. The exterior and accessibility scope is planned for completion soon, including a new 22-space parking lot, new concrete access steps, and ADA-compliant upgrades.
The property is located in Edison Township’s Raritan River Revitalization District (RRRD). An ADA handicap lift servicing the building is included as part of the planned improvements.
The building’s current configuration supports customization for an owner-user or investor looking to tailor interior fit-out to operational needs, with the above-grade space and full-height basement providing flexible layout options.
The property is located in Edison Township’s Raritan River Revitalization District (RRRD). An ADA handicap lift servicing the building is included as part of the planned improvements.
The building’s current configuration supports customization for an owner-user or investor looking to tailor interior fit-out to operational needs, with the above-grade space and full-height basement providing flexible layout options.
Key Highlights
- Fully renovated commercial office building with two above‑grade floors and a full‑height basement
- Approx. 2,800 SF above grade total (1,400 SF per floor) plus full‑height basement off ~1,100 useable SF
- Located in Edison Township's Raritan River Revitalization District (RRRD)
Local 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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Fully renovated office building with two floors, a full-height basement, and planned ADA-compliant access upgrades.
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: Fully renovated commercial office building with two above‑grade floors and a full‑height basement; Approx. 2,800 SF above grade total (1,400 SF per floor) plus full‑height basement off ~1,100 useable SF; Located in Edison Township's Raritan River Revitalization District (RRRD)
