Customizable Office
For Sale
Contact for pricing
129 S Plainfield Ave Unit 1, South Plainfield, NJ 07080
Private-entry workspace with included utilities, round-the-clock access, parking, and shared laundry facilities.
Property Size242 SF
Price / SF$5.99
Days on Market78
Property Features for 129 S Plainfield Ave Unit 1
General Information
Standard status
Active
Size
242 SF
Amenities
Private entrance
24-hour access
Utilities included
Complimentary laundry room access
Listing Agency:
RE/MAX COMPETITIVE EDGE
Listed By:
DAHLIA MOYAL · License #1755687
(848) 459-5795
Source:
Mynewjerseyrealestate
Added: Jul 31
Changed: Oct 3
Last Checked: Oct 7 at 3:34PM
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 RE/MAX COMPETITIVE EDGE
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Investment Insights
Based on property information with market context.
This office unit is positioned within an established salon and can be configured around a professional service practice. The setting is clean, modern, and designed for an intimate client experience, with a private entrance and access available 24 hours a day. Utilities are included, and occupants may use a complimentary laundry room.
The suite format supports a range of office and wellness-oriented uses identified for the property, including massage therapy, aesthetics, Pilates or stretching, consulting, dietary services, psychiatric care, acupuncture, and boutique chiropractic practice. Ample parking and the surrounding salon environment add practical support for client visits and day-to-day operations.
The suite format supports a range of office and wellness-oriented uses identified for the property, including massage therapy, aesthetics, Pilates or stretching, consulting, dietary services, psychiatric care, acupuncture, and boutique chiropractic practice. Ample parking and the surrounding salon environment add practical support for client visits and day-to-day operations.
Key Highlights
- Customizable office unit within an established salon
- Private entrance with 24‑hour access
- Utilities included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,703
Suggested Prices Based on Cap Rates
Cap Rate 5%
$74,060
$74.1K
Cap Rate 7%
$52,900
$52.9K
Cap Rate 9%
$41,144
$41.1K
Market Conditions
NOI Build-Up for 242 SF
Gross rent
$7.3K $30.00/SF
− Vacancy
−$2.3K −$9.60/SF
EGI
$4.9K $20.40/SF
− OpEx
−$1.2K −$5.10/SF
NOI
$3.7K $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%
$74,060
Cap Rate 7%
$52,900
Cap Rate 9%
$41,144
Alternative Uses
Best Use
Office B
$52.9K
$46.3K – $61.7K
NOI $3,703 @ 7.0% cap · market cap 255.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$63.2K
$55.3K – $73.7K
NOI $4,423 @ 7.0% cap · market cap 305.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
Explore this area
Business Placement
Demographics for 07080, NJ
24,261
Population
8,433
Households
2.9
Avg Household Size
41
Median Age
42%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
2,959
Density / Sq Mi
$126,161
Median Household Income
$61,777
Median Earnings
$1,928
Median Rent
$444,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Private-entry workspace with included utilities, round-the-clock access, parking, and shared laundry facilities.
Where is this office units located?
The property is located at 129 S Plainfield Ave Unit 1 South Plainfield, NJ.
What are key features of this property?
This property features: Customizable office unit within an established salon; Private entrance with 24‑hour access; Utilities included
