Medical/Professional Office Condo For
For Sale
$787,500
1553 New Jersey 27, Franklin Township, NJ 08873
Ground floor medical/professional office condo near major routes and hospitals.
Property Size3,500 SF
Price / SF$225
Days on Market186
Property Features for 1553 New Jersey 27
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Medical/Office Condominium
Listing Agency:
Sitar Realty Company
(908) 902-8788
Listed By:
Luan "Lun" Kichen
(908) 902-8788
Source:
Sitarcompany
Added: Jan 27
Changed: Jul 6
Last Checked: Jul 31 at 6:31AM
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 Sitar Realty Company
Investment Insights
Based on property information with market context.
This is a 3,500 square foot ground floor medical/professional office condominium for sale, identified as the largest ground-floor suite in the complex. The property is strategically located near Routes 1, 287, and 440, and is in close proximity to Robert Wood Johnson University Hospital and Saint Peter's University Hospital. It benefits from a dense surrounding residential population with strong healthcare demand and is situated within an established medical corridor known for long-term tenant stability. The layout includes a large reception area with a spacious waiting area, six exam rooms equipped with plumbing, three consultation rooms, a private physician office, and a laboratory. Additional features include a kitchen, utility closets, and four private ADA-compliant restrooms. Ample parking is available. The property is equipped with a fire sprinkler system and has a strong medical/professional tenant mix. The property has a brand new water heater and two-zone HVAC. CAM is approximately $480 per month, covering water, snow removal, and common cleaning. The property taxes are $10,300 (2025).
Key Highlights
- ±3,500 SF ground floor medical/professional office condo – largest in the complex.
- Strategically located near Routes 1, 287, and 440, and close to Robert Wood Johnson and Saint Peter's University Hospitals.
- Established medical corridor with strong healthcare demand and tenant stability.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08873, NJ
55,500
Population
22,142
Households
2.5
Avg Household Size
42
Median Age
54%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,729
Density / Sq Mi
$117,866
Median Household Income
$61,727
Median Earnings
$1,942
Median Rent
$438,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Ground floor medical/professional office condo near major routes and hospitals.
Where is this medical office space located?
The property is located at 1553 New Jersey 27 Franklin Township, NJ.
What is the asking price?
The asking price for this property is $787,500.
What are key features of this property?
This property features: ±3,500 SF ground floor medical/professional office condo – largest in the complex.; Strategically located near Routes 1, 287, and 440, and close to Robert Wood Johnson and Saint Peter's University Hospitals.; Established medical corridor with strong healthcare demand and tenant stability.
