Office Suite Unit
622 GEORGES RD Unit 103 North Brunswick, NJ 08902
622 GEORGES RD Unit 103, North Brunswick, NJ, 08902
$639,000
For Sale
$639,000
For sale office suite in Unit 103, within a commercial office building in North Brunswick, NJ.
Property Size2,400 SF
Price / SF$266.25
Days on Market530
Property Features for 622 GEORGES RD Unit 103
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Office
Building Details
- Year Built
- 1990
Listing agency
CENTURY 21 BURKE REALTY
(732) 910-2994
Listed by
JOHN BURKE · License #1221032
(732) 910-2994
Source
Xome
Added: Feb 6, 2025 Updated: Jul 20 at 8:26PM Checked: Jul 21 at 3:13AM
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 CENTURY 21 BURKE REALTY
Investment Insights
Based on property information with market context.
This offering is an office suite located in Unit 103 of a commercial office building. It is being marketed for sale as a standalone unit within the building.
The property is located at 622 Georges Rd in North Brunswick, New Jersey. As presented, the suite is part of a larger office building and may be suitable for an owner-occupant or buyer looking to acquire an office space within the existing commercial structure.
Based on the available information, the asset is sized at approximately 2,400 square feet. Additional details such as interior layout, condition, and building amenities were not provided.
The property is located at 622 Georges Rd in North Brunswick, New Jersey. As presented, the suite is part of a larger office building and may be suitable for an owner-occupant or buyer looking to acquire an office space within the existing commercial structure.
Based on the available information, the asset is sized at approximately 2,400 square feet. Additional details such as interior layout, condition, and building amenities were not provided.
Key Highlights
- Office suite in Unit 103 within a commercial office building in North Brunswick, NJ
- Year built 1990
- Central air conditioning
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 | $72.0k | $30.00 |
| − Vacancy | −$23.0k | −$9.60 |
| EGI | $49.0k | $20.40 |
| − OpEx | −$12.2k | −$5.10 |
| NOI | $36.7k | $15.30 |
2,400 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$524.6K
$459.0K – $612.0K
NOI $36,720 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$626.7K
$548.4K – $731.1K
NOI $43,868 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - For sale office suite in Unit 103, within a commercial office building in North Brunswick, NJ.
Where is this office building located?
The property is located at 622 GEORGES RD Unit 103 North Brunswick, NJ.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: Office suite in Unit 103 within a commercial office building in North Brunswick, NJ; Year built 1990; Central air conditioning
