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Property profile & analytics

New England Ave Piscataway, NJ

  • Commercial real estate
  • 13.38 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for New England Ave

Year built
1971
Lot size
13.38 lot acres
Property type
Commercial real estate

Description

This exceptional commercial property, situated on 13.38 acres in Piscataway, NJ, offers a significant opportunity for businesses seeking expansive office space. The building, constructed in 1970, boasts 40,000 square feet of high-quality office space currently available at $12 per square foot, plus $3 per square foot in NNN charges. An additional 30,000 square feet of office space is also available at the same rate. The space features impressive 26- to 32-foot ceilings and is climate-controlled, providing a comfortable and productive work environment. Seven tailboards are included. The property's strategic location on Exit 7 of I-287 offers unparalleled access to major transportation arteries, including the NJ Turnpike (within 10 minutes), I-78 (within 15 minutes), and the ports of Elizabeth and Newark, as well as Newark Liberty International Airport (both within 20-30 minutes). Commuting to Manhattan or Brooklyn is also convenient, taking approximately 45 minutes. Landlord incentives include up to two months of free rent on leases exceeding three years (tenant responsible for CAM and utilities during the free rent period). Leases of up to 10 years are available on a current sublet, with options for longer-term agreements. This attractive building is ideally suited for startups and established businesses alike, offering a compelling combination of space, location, and financial incentives in a rapidly growing town.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Piscataway
County
Middlesex
State
New Jersey
Longitude
-74.4714
Latitude
40.5522
More about this property
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