Freestanding Retail and Office
136 Stelton Road Piscataway, NJ 08854
For Sale
$750,000
Freestanding one-level building with a wide open floorplan, storefront-style window line, and dedicated on-site parking.
Property Size1,600 SF
Lot Size0.11 Acres
Price / SF$468.75
Days on Market167
Property Features for 136 Stelton Road
General Information
Standard status
Active
Size
1,600 SF
Lot size
0.11 Acres
Property subtype
Commercial
Building Details
Year Built
1966
Listing Agency:
DAVIS REALTORS
Listed By:
BRIAN T. WALSH
(833) 740-1234
Source:
Actionplusrealty
Added: Feb 12
Changed: Jul 26
Last Checked: Jul 29 at 5:11PM
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 DAVIS REALTORS
Investment Insights
Based on property information with market context.
Freestanding 1,600 SF retail/office building offers all space on ground level with accessibility and a wide open floorplan. The interior is described as nicely finished with lots of windows for natural light and a window line that supports storefront-style visibility and advertising. Exterior signage includes a large pylon sign and facade signage, and the property features both front and side entrances.
The property is centrally located on Stelton Rd and provides easy access via Routes 22 and 287. It sits on a busy stretch of Stelton Rd and includes 11 dedicated on-site parking spaces, noted as recently paved. The total property dimensions are approximately 50' by 100', with frontage along Stelton Rd.
Zoning is identified as Commercial, and the property is presented for a variety of retail, medical office, and professional office uses as listed in the remarks. Real estate taxes are stated as $5,826. This is a straightforward, customizable option for tenants or owners seeking a ground-level freestanding footprint.
The property is centrally located on Stelton Rd and provides easy access via Routes 22 and 287. It sits on a busy stretch of Stelton Rd and includes 11 dedicated on-site parking spaces, noted as recently paved. The total property dimensions are approximately 50' by 100', with frontage along Stelton Rd.
Zoning is identified as Commercial, and the property is presented for a variety of retail, medical office, and professional office uses as listed in the remarks. Real estate taxes are stated as $5,826. This is a straightforward, customizable option for tenants or owners seeking a ground-level freestanding footprint.
Key Highlights
- Freestanding 1,600 SF retail/office building built in 1966, all on one ground‑level floor for accessible use
- 50' x 100' total lot on a busy stretch of Stelton Rd with easy access via Routes 22 and 287
- 11 dedicated on‑site parking spaces with recently paved parking area
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 | $48.0k | $30.00 |
| − Vacancy | −$15.4k | −$9.60 |
| EGI | $32.6k | $20.40 |
| − OpEx | −$8.2k | −$5.10 |
| NOI | $24.5k | $15.30 |
1,600 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$349.7K
$306.0K – $408.0K
NOI $24,480 @ 7.0% cap · market cap 3.26%
Second Best
Retail
$326.2K
$285.5K – $380.6K
NOI $22,837 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$417.8K
$365.6K – $487.4K
NOI $29,245 @ 7.0% cap · market cap 3.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding one-level building with a wide open floorplan, storefront-style window line, and dedicated on-site parking.
Where is this retail space located?
The property is located at 136 Stelton Road Piscataway, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Freestanding 1,600 SF retail/office building built in 1966, all on one ground‑level floor for accessible use; 50' x 100' total lot on a busy stretch of Stelton Rd with easy access via Routes 22 and 287; 11 dedicated on‑site parking spaces with recently paved parking area