End-Cap Retail
1031 State Route 18, East Brunswick, NJ 08816
For Sale
Contact for pricing
Under Contract
Commercial Sale, East Brunswick, NJ
Property Size11,220 SF
Lot Size8.69 Acres
Price / SF$0.00
Days on Market48
Property Features for 1031 State Route 18
General Information
Property type
Property subtype
Zoning
Parking
Lot features
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Water source
Building Details
Year built
Floors in Building
Listing Agency:
DAVIS REALTORS
(732) 254-6700
Listed By:
Jonathan Benowitz
(732) 881-1414
Added: Sep 23
Changed: Nov 2
Last Checked: Nov 9 at 5:06AM
MLS# 2705071R
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The retail offering is an end-cap space in Coralmay Plaza, a shopping center at 1031 State Route 18 in East Brunswick. The property is zoned HC2, with public water and sewer service listed.
Route 18 provides the property’s direct corridor access. Route 1 and New Jersey Turnpike Exit 9 are also identified as accessible routes from the location.
Route 18 provides the property’s direct corridor access. Route 1 and New Jersey Turnpike Exit 9 are also identified as accessible routes from the location.
Key Highlights
- End‑cap retail space within Coralmay Plaza
- HC2 zoning
- Located at 1031 State Route 18 in East Brunswick
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$160,146
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,202,920
$3.2M
Cap Rate 7%
$2,287,800
$2.3M
Cap Rate 9%
$1,779,400
$1.8M
Market Conditions
NOI Build-Up for 11,220 SF
Gross rent
$242.4K $21.60/SF
− Vacancy
−$13.6K −$1.21/SF
EGI
$228.8K $20.39/SF
− OpEx
−$68.6K −$6.12/SF
NOI
$160.1K $14.27/SF
Area
Middlesex County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,202,920
Cap Rate 7%
$2,287,800
Cap Rate 9%
$1,779,400
Alternative Uses
Best Use
Retail
$2.29M
$2.00M – $2.67M
NOI $160,146 @ 7.0% cap · market cap 500,456.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.93M
$2.56M – $3.42M
NOI $205,084 @ 7.0% cap · market cap 640,887.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
210k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 38%
Shops & Services 33%
Dining 27%
Home Improvements & Furnishings 1%
Macy's
Apparel
46,960 visits/mo
0.3 miles
JCPenney
Apparel
32,690 visits/mo
0.5 miles
Barnes & Noble
Shops & Services
32,195 visits/mo
0.3 miles
Olive Garden
Dining
17,274 visits/mo
0.1 miles
Exxon
Shops & Services
12,648 visits/mo
0.0 miles
Demographics for 08816, NJ
48,729
Population
17,242
Households
2.8
Avg Household Size
42
Median Age
58%
College-Educated
94%
High-School Grad
20.2 sq mi
ZIP Area
2,412
Density / Sq Mi
$141,731
Median Household Income
$71,111
Median Earnings
$2,079
Median Rent
$502,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Middlesex County, NJ
Properties on Market for Retail space in Middlesex County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - HC2-zoned space is located in Coralmay Plaza on Route 18.
Where is this retail space located?
The property is located at 1031 State Route 18 East Brunswick, NJ.
What are key features of this property?
This property features: End‑cap retail space within Coralmay Plaza; HC2 zoning; Located at 1031 State Route 18 in East Brunswick
