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    1303 Rte, Unit 27 Franklin Twp, NJ 08873

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    For Lease
    $3,750 /Mo ($4 SF/Yr)

    Medical office space near RWJ Hospital with exam rooms.

    Property size:
    11,124 SF
    Lot size:
    11,124 SF

    Property Features for 1303 Rte

    General Information

    Standard status
    Active
    Size
    11,124 SF

    Source: CENTURY 21 BURKE REALTY Agent JOHN BURKE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office Space Available

    This property, previously a medical office for over 35 years, features 8 exam rooms equipped with sinks. It includes ample reception and office space suitable for administrative tasks or consultations. The location is ideal for patient care, with close proximity to RWJ Hospital. The space is suitable for sharing among multiple doctors.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Similar Places Nearby

    Faith Veterinary Clinic Services

    Map

    City
    Franklin Twp
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.5325
    Latitude
    40.5013

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    FAQs

    What type of property is this?
    Medical office - Medical office space near RWJ Hospital with exam rooms.
    Where is this medical office located?
    The property is located at 1303 Rte, Unit 27 Franklin Twp, NJ.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - Established medical office location for over 35 years.; - Eight exam rooms, each equipped with sinks.; - Ideal location close to RWJ Hospital.
    (732) 658-6800
    Request Owner's contact information
    1303 Rte, Unit 27 Franklin Twp, NJ 08873
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    Realmo Value Estimation

    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.

    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.

    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
    1303 Rte, Unit 27 Franklin Twp, NJ 08873
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