Two-Room Office
159 Main St 3, East Brunswick, NJ 08816
For Sale
Contact for pricing
A second-floor workspace includes a private entry, half bath, and on-site parking.
Property Size2,520 SF
Days on Market27
Property Features for 159 Main St 3
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Floor
Road Access
Office Units
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
private entrance
half bathroom
Building Details
Building Size
Year Built
Stories
Tenancy
Listing Agency:
WEICHERT CO REALTORS
Listed By:
SLOANE M. WEINSTEIN · License #0565593
(732) 995-4289
Source:
Elliman
Added: Oct 14
Changed: Nov 7
Last Checked: Nov 8 at 7:16AM
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 WEICHERT CO REALTORS
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Investment Insights
Based on property information with market context.
Located on the second floor of a commercial building, this office unit is arranged as two separate rooms. It has a private entrance and half bathroom, with three on-site parking spaces. A deli occupies the ground floor. An adjoining office unit has an open layout; an interior doorway connects the two units, allowing them to function as a larger workspace when combined.
The property is at 159 Main St in East Brunswick, near Route 18 and Old Bridge Turnpike, with access to surrounding businesses and major roads.
The property is at 159 Main St in East Brunswick, near Route 18 and Old Bridge Turnpike, with access to surrounding businesses and major roads.
Key Highlights
- Two‑room office suite on the second floor
- Private entrance and half bathroom
- Three on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,556
Suggested Prices Based on Cap Rates
Cap Rate 5%
$771,120
$771.1K
Cap Rate 7%
$550,800
$550.8K
Cap Rate 9%
$428,400
$428.4K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$75.6K $30.00/SF
− Vacancy
−$24.2K −$9.60/SF
EGI
$51.4K $20.40/SF
− OpEx
−$12.9K −$5.10/SF
NOI
$38.6K $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%
$771,120
Cap Rate 7%
$550,800
Cap Rate 9%
$428,400
Alternative Uses
Best Use
Office B
$550.8K
$482.0K – $642.6K
NOI $38,556 @ 7.0% cap · market cap 3,855.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$658.0K
$575.8K – $767.7K
NOI $46,062 @ 7.0% cap · market cap 4,606.20%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
Explore this area
Business Placement
Demographics for 08816, NJ
48,729
Population
17,242
Households
2.8
Avg Household Size
42
Median Age
58%
College-Educated
94%
High-School Grad
20.2 sq mi
ZIP Area
2,412
Density / Sq Mi
$141,731
Median Household Income
$71,111
Median Earnings
$2,079
Median Rent
$502,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in East Brunswick, NJ
Properties on Market for Office Units in East Brunswick
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - A second-floor workspace includes a private entry, half bath, and on-site parking.
Where is this office unit located?
The property is located at 159 Main St 3 East Brunswick, NJ.
What are key features of this property?
This property features: Two‑room office suite on the second floor; Private entrance and half bathroom; Three on‑site parking spaces
