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    Freestanding Professional Building on Route Title is generated by Realmo AI

    345 ROUTE 202/206 Unit 345, Bridgewater, NJ 08807

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    For Sale
    $599,000

    2500 SF professional building on Route 202/206 in Bedminster, NJ.

    Type:General Commercial
    Property size:
    2,500 SF
    Price / SF:
    $239/SF
    Added:
    Sep 25, 2024
    Days on Market:
    615
    Last Refresh:
    May 13 at 8:25 pm

    Property Features for 345 ROUTE 202/206 Unit 345

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Property subtype
    General Commercial

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    Listing Contact
    TIM DELUCCIA

    Listing agent TIM DELUCCIA

    Listing office BHHS FOX & ROACH

    Listing date Sep 25, 2024

    Source Xome

    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 BHHS FOX & ROACH

    HighLights

    • Prime location on Route 202/206 in Bedminster, NJ with high visibility and traffic count.
    • Versatile VN Village Neighborhood Zoning allows for multiple permitted uses including medical offices, retail sales, banks, and restaurants.
    • Freestanding 2500 SF professional building.
    • Existing layout includes private offices, conference room, bullpen area, two bathrooms, and kitchenette.
    • Private off‑street parking.
    • Highway access and level topography.

    Overview

    This is a 2500 SF freestanding professional building located on Route 202/206 in Bedminster, NJ. The property was formerly a real estate office and includes private offices, a conference room, a bullpen area, two bathrooms, and a kitchenette. It is located in a VN Village Neighborhood zoning area, which permits multiple principle uses such as medical offices, retail sales, banks, and restaurants. The property features private off-street parking, high visibility, a high traffic count, and a sign location.

    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 $75.0k $30.00
    − Vacancy −$24.0k −$9.60
    EGI $51.0k $20.40
    − OpEx −$12.8k −$5.10
    NOI $38.3k $15.30
    2,500 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $546.4K
    $478.1K – $637.5K (±1% cap)
    NOI $38,250 @ 7.0% cap · market cap 6.39%
    Second Best
    Specialty Retail
    $546.2K
    $477.9K – $637.2K (±1% cap)
    NOI $38,232 @ 7.0% cap · market cap 6.38%
    Theoretical Best
    Office A
    $652.8K
    $571.2K – $761.6K (±1% cap)
    NOI $45,696 @ 7.0% cap · market cap 7.63%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Bridgewater
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.6244
    Latitude
    40.5945

    FAQs

    What type of property is this?
    Office building - 2500 SF professional building on Route 202/206 in Bedminster, NJ.
    Where is this office building located?
    The property is located at 345 ROUTE 202/206 Unit 345 Bridgewater, NJ.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: Prime location on Route 202/206 in Bedminster, NJ with high visibility and traffic count.; Versatile VN Village Neighborhood Zoning allows for multiple permitted uses including medical offices, retail sales, banks, and restaurants.; Freestanding 2500 SF professional building.
    More about this property
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