Furnished Office
New
For Sale
Contact for pricing
1215 Livingston Ave 5, North Brunswick, NJ 08902
A furnished layout combines private offices with open space for multiple workstations.
Property Size1,060 SF
Price / SF$1.84
Days on Market2
Property Features for 1215 Livingston Ave 5
General Information
Standard status
Active
Size
1,060 SF
Property subtype
Commercial
Space & Availability
Condition
Turnkey
Furnished
Yes
Additional Details
Public Transit
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$1.00
Amenities
pylon signage
interior building directory
Building Details
Building Size
1,060 SF
Year Built
1972
Stories
2
Listing Agency:
DAVIS REALTORS
Listed By:
JONATHAN BENOWITZ
(732) 881-1414
Source:
Elliman
Added: Nov 1
Last Checked: Nov 1 at 3:12PM
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 DAVIS REALTORS
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 1,060-square-foot office suite is furnished and configured with four private offices plus an open area for multiple workstations. The building dates to 1972, and the suite includes access to pylon signage and an interior directory.
The property fronts Livingston Avenue, where approximately 20,000 vehicles pass daily. Route 1, Route 130, and the Jersey Avenue train station are nearby, along with restaurants and retailers.
The property fronts Livingston Avenue, where approximately 20,000 vehicles pass daily. Route 1, Route 130, and the Jersey Avenue train station are nearby, along with restaurants and retailers.
Key Highlights
- 1,060 SF of furnished office space
- Four private offices and an open workstation area
- Livingston Avenue frontage with approximately 20,000 vehicles passing daily
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,218
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,360
$324.4K
Cap Rate 7%
$231,686
$231.7K
Cap Rate 9%
$180,200
$180.2K
Market Conditions
NOI Build-Up for 1,060 SF
Gross rent
$31.8K $30.00/SF
− Vacancy
−$10.2K −$9.60/SF
EGI
$21.6K $20.40/SF
− OpEx
−$5.4K −$5.10/SF
NOI
$16.2K $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%
$324,360
Cap Rate 7%
$231,686
Cap Rate 9%
$180,200
Alternative Uses
Best Use
Office B
$231.7K
$202.7K – $270.3K
NOI $16,218 @ 7.0% cap · market cap 831.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$276.8K
$242.2K – $322.9K
NOI $19,375 @ 7.0% cap · market cap 993.59%
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
775
Businesses Nearby
Explore this area
Business Placement
Demographics for 08902, NJ
43,296
Population
15,892
Households
2.7
Avg Household Size
38
Median Age
45%
College-Educated
87%
High-School Grad
13.2 sq mi
ZIP Area
3,280
Density / Sq Mi
$117,671
Median Household Income
$57,880
Median Earnings
$2,055
Median Rent
$402,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - A furnished layout combines private offices with open space for multiple workstations.
Where is this office unit located?
The property is located at 1215 Livingston Ave 5 North Brunswick, NJ.
What are key features of this property?
This property features: 1,060 SF of furnished office space; Four private offices and an open workstation area; Livingston Avenue frontage with approximately 20,000 vehicles passing daily
