Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Premium Office Space Available Title is generated by Realmo AI

    400 Crossing Blvd, Bridgewater, NJ

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Trophy office park with first-class amenities and convenient location.

    Type:OFFICE
    Property size:
    38,818 SF
    Lot size:
    10.76 Acres
    Added:
    Jan 20, 2023
    Days on Market:
    1233
    Last Refresh:
    May 19 at 10:28 pm

    Property Features for 400 Crossing Blvd

    General Information

    Standard status
    Active
    Size
    38,818 SF
    Lot size
    10.76 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 400 Crossing Blvd Contact us

    We can help!

    Listing Contact
    William (Bill) E. McCaffrey

    Listing agent William (Bill) E. McCaffrey

    Listing office Avison Young | New Jersey

    Listing date Jan 20, 2023

    Source Moodyscre

    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 Avison Young | New Jersey

    HighLights

    • Trophy office park with approximately 600,000 sf in two buildings on 20.39 acres.
    • First‑class amenities including a full‑service cafeteria, cafe, fitness center, conference center, covered parking, and helipad.
    • Immediately adjacent to the Marriott Hotel and Bridgewater Commons lifestyle center and mall.
    • Exceptional access to I‑287, I‑78, and Routes 22 & 206.
    • Award‑winning: Energy Star, BOMA NJ Building of the Year, BOMA 360, and TOBY Best Suburban Office Park (Mid‑Rise).
    • On‑site property management and security personnel.

    Overview

    This trophy office park features two buildings totaling approximately 600,000 square feet on 20.39 acres. The property offers premium quality construction and finishes with institutional ownership and beautifully landscaped grounds. First-class amenities include a full-service cafeteria, cafe, fitness center, conference center, covered parking, helipad, security personnel, on-site property management, attended lobbies, and an energy management system. New common area renovations are underway. The property is immediately adjacent to the Marriott hotel, Bridgewater Commons Lifestyle Center and Mall, Lifetime Fitness and AC Hotel. It has exceptional access to I-287, I-78, and Routes 22 & 206. The property is an Energy Star building, BOMA NJ Building of the Year, BOMA 360, and the TOBY Best Suburban Office Park (Mid-Rise) award recipient.
    Property Profile Location Intelligence

    Current Use by Public Records

    Norris Mclaughlin Litigation ... Law Firm CRB Engineering Consultant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bridgewater
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.6136
    Latitude
    40.5836

    Nearby Similar for Lease

    • $3,000/Mo
      1,827 SF

      Retail Space in Developing Community

      Commercial unit in a developing community, ideal for retail.
      713 E Main St, Bridgewater Twp., NJ 08807
      View Details
    • Sponsored
      Contact for pricing

      Bridgewater

      1200 Rte 22, Unit 2000, Bridgewater, NJ 08807
      View Details
    • $25 SF/Yr
      4,118 SF

      Bridgewater Medical Office Space Available

      4,118 SF medical office in Bridgewater for lease.
      762 US-202, Bridgewater, NJ 08807
      View Details
    • Contact for pricing
      600,000 SF

      Modern Office Space in Bridgewater

      Prime office space for lease in a modern office campus.
      200 Crossing Boulevard, Bridgewater, New Jersey 08807
      View Details
    • $12 SF/Yr
      11,930 SF

      Former Corporate Office Space Available

      11,930 SF office space near highways and downtown Somerville.
      141 Southside Ave, Bridgewater Twp., NJ 08807
      View Details
    • Contact for pricing
      35,725 SF

      Bridgewater Office Space for Sublease

      Office space available for sublease in Bridgewater, New Jersey.
      300 Somerset Corporate Blvd, Bridgewater, NJ 08807
      View Details
    • $18 SF/Yr
      1,750 SF

      Bridgewater Office Space Available

      Office space for lease with ample parking and highway access.
      245 US Hwy 22, Bridgewater, NJ
      View Details
    • Contact for pricing
      7,692 SF

      Bridgewater Township Office Space

      Office space for rent near Bridgewater Commons.
      1311 Prince Rodgers Ave, Bridgewater Township, NJ 08807
      View Details
    • Contact for pricing
      1,760 SF

      Retail Space Near Bridgewater Commons

      Retail space with upcoming facade improvements, near Bridgewater Commons.
      1339 Prince Rodgers Avenue, Bridgewater Township, NJ 08807
      View Details
    • $1,800/Mo

      Cozy One Bedroom Apartment

      Move-in ready one bedroom apartment near Duke Island Park.
      30 Old York Rd C, Bradley Gardens, NJ 08807-2784
      View Details
    • Contact for pricing
      14,000 SF

      Medical Condo Suite For Rent

      2690 SF medical condo suite in Bridgewater Township, NJ.
      215 Union Ave, Bridgewater Twp., NJ 08807
      View Details
    • $20 SF/Yr
      1,760 SF

      Bridgewater Office Space For Rent

      Office space with direct access and ample parking available.
      350 Grove St, Bridgewater, NJ
      View Details

    FAQs

    What type of property is this?
    Office building - Trophy office park with first-class amenities and convenient location.
    Where is this office building located?
    The property is located at 400 Crossing Blvd Bridgewater, NJ.
    What are key features of this property?
    This property features: Trophy office park with approximately 600,000 sf in two buildings on 20.39 acres.; First‑class amenities including a full‑service cafeteria, cafe, fitness center, conference center, covered parking, and helipad.; Immediately adjacent to the Marriott Hotel and Bridgewater Commons lifestyle center and mall.
    (201) 826-8861 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    William (Bill) E. McCaffrey
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    400 Crossing Blvd, Bridgewater, NJ
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!