Multi-Tenant Office
New
For Sale
$1,499,990
1648 US-130 Highway, North Brunswick, NJ 08902
COMMERCIAL - North Brunswick, NJ
Property Size5,633 SF
Lot Size0.94 Acres
Price / SF$266.29
Days on Market1
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
Building Details
Year built
1928
Floors in Building
2
Flooring type
Carpet, Laminate
Listing Agency:
DAVIS REALTORS
(732) 254-6700
Listed By:
Brian Walsh
(732) 254-6700
Added: Jul 31
Last Checked: Jul 31 at 9:06PM
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.
Investment Insights
Based on property information with market context.
1648 Route 130 presents a 5,633 SF, freestanding, multi-tenant office building on a 0.9413-acre site. The building is configured into five individual office suites and is described as 100% occupied. Tenants benefit from private exterior entrances, dedicated restrooms, and separately controlled HVAC systems to reduce shared area reliance and support day-to-day operational control.
Building updates and site improvements include a newly paved and striped parking lot and basement waterproofing, along with continued proactive maintenance. The property is zoned C-1 and includes 41 on-site parking spaces, supporting both tenant and visitor access.
Infrastructure details include public water and public sewer service. The building is heated by radiant systems, cooled with central air, and features carpet and laminate flooring. The property was built in 1928.
Building updates and site improvements include a newly paved and striped parking lot and basement waterproofing, along with continued proactive maintenance. The property is zoned C-1 and includes 41 on-site parking spaces, supporting both tenant and visitor access.
Infrastructure details include public water and public sewer service. The building is heated by radiant systems, cooled with central air, and features carpet and laminate flooring. The property was built in 1928.
Key Highlights
- 5,633 SF freestanding multi‑tenant office building
- Configured into five individual office suites, 100% occupied
- Private exterior entrances, dedicated restrooms, and separate HVAC systems
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 | $169.0k | $30.00 |
| − Vacancy | −$54.1k | −$9.60 |
| EGI | $114.9k | $20.40 |
| − OpEx | −$28.7k | −$5.10 |
| NOI | $86.2k | $15.30 |
5,633 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
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.
Property Analytics
Property Profile
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
363
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
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Frequently Asked Questions
What type of property is this?
Office building - Zoned C-1, this multi-tenant office building offers five suites, separate HVAC, and 41 on-site parking spaces.
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 multi‑tenant office building; Configured into five individual office suites, 100% occupied; Private exterior entrances, dedicated restrooms, and separate HVAC systems
