Multi-Tenant Office
For Sale
$1,499,990
1648 US-130 Highway, North Brunswick, NJ 08902
Commercial Sale, North Brunswick, NJ
Property Size5,633 SF
Lot Size0.94 Acres
Price / SF$266.29
Days on Market93
Property Features for 1648 US-130 Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Parking
41
Lot features
Highway Commercial, Highway Location
Standard status
Active
APN
1400278000000005
Size
5,633 SF
Lot size
0.94 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
26284
Utilities
Sewer type
Public Sewer
Heating system
Radiant
Cooling system
Central Air
Water source
Public
Amenities
prominent building signage
private exterior entrances
dedicated restrooms
separately controlled HVAC systems
Building Details
Year built
1928
Floors in Building
2
Flooring type
Laminate, Carpet
Listing Agency:
DAVIS REALTORS
(732) 254-6700
Listed By:
Brian Walsh
(908) 510-7089
Added: Jul 31
Changed: Oct 8
Last Checked: Oct 31 at 1:06AM
MLS# 2701861R
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.
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Investment Insights
Based on property information with market context.
This freestanding office property contains 5,633 square feet arranged across five individual suites. The building has laminate and carpet flooring, radiant heat, central air, public water, and public sewer. Suite layouts include dedicated exterior access, private restrooms, and separately controlled HVAC systems, while recent work includes parking lot paving and striping and basement waterproofing. The building dates to 1928 and is zoned C-1.
Positioned along Route 130 in North Brunswick, the property includes 41 on-site parking spaces and prominent building signage. Access is identified to the New Jersey Turnpike at Exit 9 and Route 1, with Rutgers University, Robert Wood Johnson University Hospital, and Saint Peter's University Hospital also listed in the surrounding context. Occupancy is reported at 100% across the five suites, with medical and professional users in place.
Positioned along Route 130 in North Brunswick, the property includes 41 on-site parking spaces and prominent building signage. Access is identified to the New Jersey Turnpike at Exit 9 and Route 1, with Rutgers University, Robert Wood Johnson University Hospital, and Saint Peter's University Hospital also listed in the surrounding context. Occupancy is reported at 100% across the five suites, with medical and professional users in place.
Key Highlights
- 5,633 SF freestanding office building
- Five individual office suites with 100% occupancy
- 41 total on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,185
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,723,700
$1.7M
Cap Rate 7%
$1,231,214
$1.2M
Cap Rate 9%
$957,611
$957.6K
Market Conditions
NOI Build-Up for 5,633 SF
Gross rent
$169.0K $30.00/SF
− Vacancy
−$54.1K −$9.60/SF
EGI
$114.9K $20.40/SF
− OpEx
−$28.7K −$5.10/SF
NOI
$86.2K $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%
$1,723,700
Cap Rate 7%
$1,231,214
Cap Rate 9%
$957,611
Alternative Uses
Best Use
Office B
$1.23M
$1.08M – $1.44M
NOI $86,185 @ 7.0% cap · market cap 5.75%
Second Best
Healthcare Medical
$1.20M
$1.05M – $1.40M
NOI $83,873 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $102,962 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
5
Office units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
489
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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Freestanding professional property with five occupied suites, dedicated entrances, private restrooms, and individually controlled HVAC.
Where is this office building located?
The property is located at 1648 US-130 Highway North Brunswick, NJ.
What is the asking price?
The asking price for this property is $1,499,990.
What are key features of this property?
This property features: 5,633 SF freestanding office building; Five individual office suites with 100% occupancy; 41 total on‑site parking spaces
