1600-1604 US Highway 130, North Brunswick, NJ
Office condo with elevator access on busy Route 130.
- Added:
- Aug 9, 2024
- Days on Market:
- 690
- Last Refresh:
- May 19 at 8:31 pm
Property Features for 1600-1604 US Highway 130
General Information
- Standard status
- Active
- Size
- 1,100 SF
- Lot size
- 0.10 Acres
- Property subtype
- OFFICE
Properties For Sale
at 1600-1604 US Highway 130 Contact usListing office The Blau & Berg Company (973) 768-9030
Listing date Aug 9, 2024
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 The Blau & Berg Company
HighLights
- Only condo in the office complex with elevator access
- 5+ offices plus common area
- Frontage on busy Route 130
- Ample Parking
- Taxes approx. $330 a month
- ±1,100 square foot condo on the second floor
Overview
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 | $33.0k | $30.00 |
| − Vacancy | −$10.6k | −$9.60 |
| EGI | $22.4k | $20.40 |
| − OpEx | −$5.6k | −$5.10 |
| NOI | $16.8k | $15.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Brunswick
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.4678
- Latitude
- 40.4447