Four-Unit Professional Office
For Sale
$999,995
1562 US Highway 130, North Brunswick, NJ 08902
COMMERCIAL - North Brunswick, NJ
Property Size5,144 SF
Lot Size0.59 Acres
Price / SF$194.40
Days on Market182
Property Features for 1562 US Highway 130
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Parking
27
Lot features
Highway Commercial, Highway Location
Directions
Route 130 N to Old Georges Road
Standard status
Active
APN
1400278000000009
Size
5,144 SF
Lot size
0.59 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
26612
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Amenities
prominent signage
Building Details
Year built
1987
Floors in Building
2
Listing Agency:
DAVIS REALTORS
(732) 254-6700
Listed By:
Jonathan Benowitz
(732) 254-6700
Added: Feb 12
Changed: Aug 4
Last Checked: Aug 13 at 4:06AM
MLS# 2610790R
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 5,144-square-foot office building contains four professional office units and was constructed in 1987. The property is fully occupied by long-term tenants, with separate metering for the units. Central air, prominent signage, and on-site parking support day-to-day office operations. The 0.59-acre site is served by public water and public sewer, and the property carries C1 zoning.
Positioned on US Highway 130 in North Brunswick, the building offers access to Route 1, the New Jersey Turnpike, Route 27, Route 18, and Route 287. Its office configuration can accommodate established professional users, while the current occupancy provides an existing tenant profile for an investor.
Positioned on US Highway 130 in North Brunswick, the building offers access to Route 1, the New Jersey Turnpike, Route 27, Route 18, and Route 287. Its office configuration can accommodate established professional users, while the current occupancy provides an existing tenant profile for an investor.
Key Highlights
- 5,144 SF four‑unit professional office building
- Fully occupied by long‑term tenants
- Separately metered office units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$78,703
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,574,060
$1.6M
Cap Rate 7%
$1,124,329
$1.1M
Cap Rate 9%
$874,478
$874.5K
Market Conditions
NOI Build-Up for 5,144 SF
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.
Gross rent
$154.3K $30.00/SF
− Vacancy
−$49.4K −$9.60/SF
EGI
$104.9K $20.40/SF
− OpEx
−$26.2K −$5.10/SF
NOI
$78.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,574,060
Cap Rate 7%
$1,124,329
Cap Rate 9%
$874,478
Alternative Uses
Best Use
Office B
$1.12M
$983.8K – $1.31M
NOI $78,703 @ 7.0% cap · market cap 7.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.18M – $1.57M
NOI $94,024 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
Explore this area
Business Placement
Demographics for 08902, NJ
43,296
Population
15,892
Households
2.7
Avg Household Size
38
Median Age
45%
College-Educated
87%
High-School Grad
13.2 sq mi
ZIP Area
3,280
Density / Sq Mi
$117,671
Median Household Income
$57,880
Median Earnings
$2,055
Median Rent
$402,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Fully occupied, separately metered offices with signage and on-site parking in a professionally oriented commercial corridor.
Where is this office building located?
The property is located at 1562 US Highway 130 North Brunswick, NJ.
What is the asking price?
The asking price for this property is $999,995.
What are key features of this property?
This property features: 5,144 SF four‑unit professional office building; Fully occupied by long‑term tenants; Separately metered office units
