15 E Railroad Ave, Monroe Township, NJ 08831
14,000 sq ft wellness center built in 2020.
- Added:
- Apr 14, 2026
- Days on Market:
- 56
- Last Refresh:
- Apr 14 at 8:10 pm
Property Features for 15 E Railroad Ave
General Information
- Standard status
- Active
- Size
- 14,000 SF
- Lot size
- 6.00 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1880
Listing agent JOHN BURKE License #1221032
Listing office CENTURY 21 BURKE REALTY (732) 658-6800
Listing date Apr 14, 2026
Source Corcoran
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
HighLights
- Modern, custom‑built (2020) 14,000 sq ft wellness center with high‑end finishes.
- Includes 18 treatment rooms, rehab gym, digital X‑ray, elevator, and smart tech.
- Fully ADA‑compliant with 43 parking spaces.
- Situated on 6 acres in the heart of downtown Jamesburg.
- Basement level features a gym, Pilates room, and large workout room.
- Owner interested in potentially staying on as a tenant.
Overview
Local Financial Insights For Healthcare Medical
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 | $369.6k | $26.40 |
| − Vacancy | −$22.2k | −$1.58 |
| EGI | $347.4k | $24.82 |
| − OpEx | −$139.0k | −$9.93 |
| NOI | $208.5k | $14.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Monroe Township
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.4247
- Latitude
- 40.3458