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Mixed-Use Building with Retail Space
For Sale
$500,000

1604 State Route 27, Edison, NJ 08817

Commercial Sale, Edison, NJ

Property Size2,212 SF
Lot Size0.25 Acres
Price / SF$226.04
Days on Market345

Property Features for 1604 State Route 27

General Information

Property type Commercial Sale
Property subtype Other
Zoning GB
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bathroom 2, Bathroom 3, Bathroom 1
Parking 27
Parking features Assigned, Offsite
Interior features Carpeting
Appliances Range/Oven, Refrigerator
Lot features Commercial Area, Corner Lot, Highway Location
Directions Route 27 south from 287 to 7th traffic light.
Standard status Active
APN 050012500000000501
Size 2,212 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1115696

Utilities

Sewer type Public Sewer
Heating system Baseboard, Electric (Heating)
Cooling system Ceiling Fan(s), Central Air
Water source Public

Building Details

Year built 1952
Floors in Building 2
Number of units 2
Flooring type Carpet, Wood
Building materials Vinyl Siding
Roof type Asphalt
Listing Agency: AMERICA AGENCY
Listed By: Louis Trenta
Added: Oct 28, 2025 Changed: Sep 17 Last Checked: Oct 7 at 11:06AM
MLS# 2606621R

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 mixed-use property at 1604 State Route 27 includes 2,212 square feet on a 0.2456-acre lot. The building contains 2 residential rentals and a 1,300-square-foot commercial area currently used by the owner. The commercial portion includes a basement office, storage space, and a small conference area. Separate heat and utility arrangements serve the owner-occupied area and the residential tenants. Interior features include wood and carpet flooring, carpeting, central air, ceiling fans, electric baseboard heat, and three bathrooms.

The property is zoned GB and includes parking for almost 27 cars, with assigned and offsite parking features. Public water and public sewer serve the building. Constructed in 1952, the property has vinyl siding and an asphalt roof. It is located in Edison, Middlesex County, New Jersey, at State Route 27.

Key Highlights

  • 2,212‑square‑foot mixed‑use building on 0.2456 acres
  • 2 residential rentals plus a 1,300‑square‑foot commercial area
  • Basement office includes storage and a small conference area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,133
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$722,660 $722.7K
Cap Rate 7%
$516,186 $516.2K
Cap Rate 9%
$401,478 $401.5K
Market Conditions
NOI Build-Up for 2,212 SF
Gross rent
$58.4K $26.40/SF
− Vacancy
−$10.2K −$4.62/SF
EGI
$48.2K $21.78/SF
− OpEx
−$12.0K −$5.44/SF
NOI
$36.1K $16.33/SF
Area
Edison, NJ
Vacancy
17.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$722,660
Cap Rate 7%
$516,186
Cap Rate 9%
$401,478

Alternative Uses

Best Use
Office B
$516.2K
$451.7K – $602.2K (±1% cap)
NOI $36,133 @ 7.0% cap · market cap 7.23%
Second Best
Retail
$442.0K
$386.7K – $515.6K (±1% cap)
NOI $30,937 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$716.9K
$627.3K – $836.4K (±1% cap)
NOI $50,183 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Tattoo & Piercing Shop Tanning Salon Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,108
Businesses Nearby

Demographics for 08817, NJ

48,243
Population
17,260
Households
2.8
Avg Household Size
37
Median Age
49%
College-Educated
91%
High-School Grad
10.6 sq mi
ZIP Area
4,551
Density / Sq Mi
$109,734
Median Household Income
$54,631
Median Earnings
$1,946
Median Rent
$411,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Edison property combines residential rentals with an owner-occupied commercial area, basement office space, and separate utilities.
Where is this mixed-use property located?
The property is located at 1604 State Route 27 Edison, NJ.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2,212‑square‑foot mixed‑use building on 0.2456 acres; 2 residential rentals plus a 1,300‑square‑foot commercial area; Basement office includes storage and a small conference area
More about this property
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