East Brunswick Professional Office
1076 State Route 18 East Brunswick, NJ 08816
1076 State Route 18, East Brunswick, NJ, 08816
$750,000
Pending
For Sale
$750,000
Pending
Multi-level office building with highway frontage and flexible configurations.
Property Size1,971 SF
Lot Size0.22 Acres
Days on Market168
Property Features for 1076 State Route 18
General Information
- Standard status
- Pending
- Size
- 1,971 SF
- Lot size
- 0.22 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing Agency
KELLER WILLIAMS PREFERRED PROPERTIES,BAYVILLE
(732) 269-5200
Listed by
LORRIE KEEGAN
Source
Corcoran
Added: Feb 2 Checked: Jul 19 at 4:34 am
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 KELLER WILLIAMS PREFERRED PROPERTIES,BAYVILLE
Investment Insights
Based on property information with market context.
This multi-level professional office building is located along Route 18 in East Brunswick. The property offers highway frontage and prominent signage, providing visibility and accessibility. The building features nearly 2,000 square feet of professional office space plus a finished lower level, allowing for flexible configurations suited to attorneys, medical or dental practices, or other professional users. Multiple private entrances create the option to occupy the entire building or separate uses by level. On-site parking accommodates 10-12 vehicles with potential for expansion. The main level is currently rented, offering immediate income. The property delivers visibility, functionality, and flexibility.
Key Highlights
- Unmatched visibility and effortless accessibility due to excellent highway frontage on highly traveled Route 18.
- Boasting nearly 2,000 square feet of professional office space plus a finished lower level, allowing for flexible configurations.
- Multiple private entrances create the option to occupy the entire building or separate uses by level.
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 | $59.1k | $30.00 |
| − Vacancy | −$18.9k | −$9.60 |
| EGI | $40.2k | $20.40 |
| − OpEx | −$10.1k | −$5.10 |
| NOI | $30.2k | $15.30 |
1,971 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$430.8K
$377.0K – $502.6K
NOI $30,156 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$514.7K
$450.3K – $600.5K
NOI $36,027 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Multi-level office building with highway frontage and flexible configurations.
Where is this office building located?
The property is located at 1076 State Route 18 East Brunswick, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Unmatched visibility and effortless accessibility due to excellent highway frontage on highly traveled Route 18.; Boasting nearly 2,000 square feet of professional office space plus a finished lower level, allowing for flexible configurations.; Multiple private entrances create the option to occupy the entire building or separate uses by level.
