Professional Office Space in
16 Harrison Street Clinton, NJ 08809
16 Harrison Street, Clinton, NJ, 08809
$755,000
For Sale
$755,000
Well-appointed office space in historic Clinton, near Routes 31/78.
Property Size2,900 SF
Price / SF$260.34
Days on Market223
Property Features for 16 Harrison Street
General Information
- Standard status
- Active
- Size
- 2,900 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 9999
Listing Agency
COLDWELL BANKER REALTY
(908) 735-8080
Listed by
FREEMAN SMITH
Source
Corcoran
Added: Dec 9, 2025 Updated: Jul 6 at 10:04 am Checked: Jul 19 at 4:38 am
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This professional office space is located in the historic town of Clinton. The upgraded interior features chair rail and crown moldings, tray ceilings, and recessed lighting. The layout includes a welcoming lobby leading to 10 offices, a break room, a conference room, and 2 private bathrooms. The property offers curb appeal with a paved circular drive, professional landscaping, and 15 rear parking spaces. The property is suitable for law, accounting, engineering, and other professional uses. It is conveniently located near Routes 31 and 78, and minutes from shops, historic sites, and restaurants. The property contains 2900 square feet.
Key Highlights
- Ideal professional office space with 10 well‑appointed offices, conference room, break room, and 2 private bathrooms.
- Convenient location near Routes 31 and 78, and close to Clinton's shops, historic sites, and restaurants.
- Upgraded interior with chair rail, crown moldings, tray ceilings, and recessed lighting.
Local 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 | $87.0k | $30.00 |
| − Vacancy | −$27.8k | −$9.60 |
| EGI | $59.2k | $20.40 |
| − OpEx | −$14.8k | −$5.10 |
| NOI | $44.4k | $15.30 |
2,900 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$633.9K
$554.6K – $739.5K
NOI $44,370 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$757.2K
$662.6K – $883.5K
NOI $53,007 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Newroads Financial Group
Financial Advisor
Langdon-Ford Financial Group
Financial Advisor
Gorga Financial Services
Financial Advisor
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Well-appointed office space in historic Clinton, near Routes 31/78.
Where is this office units located?
The property is located at 16 Harrison Street Clinton, NJ.
What is the asking price?
The asking price for this property is $755,000.
What are key features of this property?
This property features: Ideal professional office space with **10 well‑appointed offices, conference room, break room, and 2 private bathrooms.**; Convenient location near Routes 31 and 78, and close to Clinton's shops, historic sites, and restaurants.; **Upgraded interior with chair rail, crown moldings, tray ceilings, and recessed lighting.**
