Medical Office Condo with Exam
New
For Sale
$350,000
11-7 Brunswick Woods Dr, East Brunswick, NJ 08816
The suite includes a reception area and two full bathrooms for a range of professional office configurations.
Property Size1,125 SF
Price / SF$311.11
Days on Market6
Property Features for 11-7 Brunswick Woods Dr
General Information
Standard status
Active
Size
1,125 SF
Additional Details
Condition
Turnkey
Property Use
Medical Office
Taxes and HOA fees
Annual Taxes
$6,582
Listing Agency:
PARADIGM PROPERTY GROUP
(732) 238-9000
Listed By:
DAVID LEVINE
Source:
Exprealty
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 30 at 2:51PM
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 PARADIGM PROPERTY GROUP
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,125-square-foot medical office condominium is configured with three exam rooms, a reception area, and two full bathrooms. The existing layout supports a range of professional office arrangements, including medical and counseling practices, physical therapy, dentistry, or accounting use.
The property is located at 11-7 Brunswick Woods Dr in East Brunswick, New Jersey, within Brunswick Woods Office Park.
The property is located at 11-7 Brunswick Woods Dr in East Brunswick, New Jersey, within Brunswick Woods Office Park.
Key Highlights
- 1,125‑square‑foot medical office condominium
- Three exam rooms
- Reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,213
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,260
$344.3K
Cap Rate 7%
$245,900
$245.9K
Cap Rate 9%
$191,256
$191.3K
Market Conditions
NOI Build-Up for 1,125 SF
Gross rent
$33.8K $30.00/SF
− Vacancy
−$10.8K −$9.60/SF
EGI
$23.0K $20.40/SF
− OpEx
−$5.7K −$5.10/SF
NOI
$17.2K $15.30/SF
Area
Middlesex County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,260
Cap Rate 7%
$245,900
Cap Rate 9%
$191,256
Alternative Uses
Best Use
Office B
$245.9K
$215.2K – $286.9K
NOI $17,213 @ 7.0% cap · market cap 4.92%
Second Best
Healthcare Medical
$239.3K
$209.4K – $279.2K
NOI $16,751 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$293.8K
$257.0K – $342.7K
NOI $20,563 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
963
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - The suite includes a reception area and two full bathrooms for a range of professional office configurations.
Where is this medical office space located?
The property is located at 11-7 Brunswick Woods Dr East Brunswick, NJ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,125‑square‑foot medical office condominium; Three exam rooms; Reception area
