Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3121 Rte, Unit 22 Bridgewater, NJ 08807

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4,200 /Mo ($2 SF/Yr)

    Office suites available in a three-level building with covered parking.

    Property size:
    24,000 SF
    Lot size:
    1.76 Acres

    Property Features for 3121 Rte

    General Information

    Standard status
    Active
    Size
    24,000 SF
    Lot size
    1.76 Acres

    Building Details

    Year built
    1988

    We can help!

    Listing Contact
    ANDREW B. SPRECHER
    Source: Corcoran

    Listing Agent: ANDREW B. SPRECHER

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

    Learn more

    Overview

    Branchburg Office Suites For Rent

    Office suites are available for rent on the third floor of a three-level building featuring glass and masonry construction. The building includes first-floor covered parking and is ADA compliant. The suites feature perimeter offices with floor-to-ceiling blue glass windows that overlook Branchburg. The layout includes offices and conference rooms surrounding a large open area, along with two bathrooms. The space is suitable for various uses, including corporate headquarters, back-office operations, daycare, medical facilities, fiduciary services, engineering firms, IT companies, architectural firms, CPAs, and attorneys. The building has a total property size of 24000 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Bridgewater
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.6244
    Latitude
    40.5945

    Nearby Similar for Lease

    • $1,200 /Mo
      37,026 SF

      Retail/Office Space in Bridgewater

      Highly visible commercial space suitable for retail or office use.
      21 Old York Rd, Bridgewater, NJ 08807
      View Details
    • Contact for pricing
      38,818 SF

      Premium Office Space Available

      Trophy office park with first-class amenities and convenient location.
      400 Crossing Blvd, Bridgewater, NJ 08807
      View Details
    • Contact for pricing
      16,800 SF

      Bridgewater Warehouse with Crane Access

      16,800 SF warehouse with cranes and convenient highway access.
      81 W Chimney Rock Rd, Bridgewater, NJ 08807
      View Details
    • Contact for pricing
      3,100 SF

      Prime Flemington Retail Space

      3,100 SF Freestanding Retail/Restaurant
      313 Us Highway 202, Bridgewater, NJ 08807
      View Details
    • Contact for pricing
      24,746 SF

      Fox Chase Center Retail Space

      Prime Bridgewater Retail, Multiple Spaces Available
      330 Us Highway 22, Bridgewater, NJ 08807
      View Details
    • Contact for pricing
      4,500 SF

      Bridgewater Retail Space For Lease

      Prime Retail Location, 4,500 SF
      601 Buena Pkwy, Bridgewater, NJ 08807
      View Details
    • Contact for pricing
      8,843 SF

      Retail Space Near Wegmans

      Retail space available near major retailers and high-traffic area.
      726 Us-202, Bridgewater, NJ
      View Details
    • $2,300 /Mo

      Updated Studio in Bridgewater Multifamily

      Bright studio with updated kitchen and bath in Bridgewater.
      115 Billian St, Bridgewater, NJ 08807
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space Near Wegmans

      Retail space available near major retailers and high-traffic area.
      762 Us-202, Bridgewater, NJ
      View Details
    • $2,200 /Mo

      Second Floor Office Suite

      Move-in ready office suite with parking and easy access.
      1256 Rte, Bridgewater, NJ 08807
      View Details
    • Contact for pricing
      1,400 SF

      Bridgewater Office Space for Rent

      Renovated office space with amenities and highway access.
      1170 Us 22 E, Bridgewater, NJ
      View Details
    • Contact for pricing
      100,000 SF

      Industrial Property Near Major Roads

      9.411 acre industrial property with access to major routes.
      1480 Us Highway 22, Bridgewater, NJ 08807
      View Details

    FAQs

    What type of property is this?
    Office space - Office suites available in a three-level building with covered parking.
    Where is this office space located?
    The property is located at 3121 Rte, Unit 22 Bridgewater, NJ.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Versatile office space suitable for various professional uses (Corporate HQ, Medical, IT, etc.).; - Abundant natural light with floor-to-ceiling blue glass windows and perimeter offices.; - Convenient covered parking on the 1st floor.
    (908) 359-0893
    Request Owner's contact information
    3121 Rte, Unit 22 Bridgewater, NJ 08807
    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.
    3121 Rte, Unit 22
    Bridgewater, NJ 08807
    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
    3121 Rte, Unit 22 Bridgewater, NJ 08807
    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

    We can help!
    Listing Contact
    ANDREW B. SPRECHER
    (908) 359-0893
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.