Office Unit with Open
For Sale
Contact for pricing
1653 State Route 27 Highway, Edison, NJ 08817
Commercial Sale, Edison, NJ
Property Size425 SF
Lot Size0.39 Acres
Price / SF$3.53
Days on Market155
Property Features for 1653 State Route 27 Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
GB
Parking
20
Parking features
Open
Interior features
Office Equipment, Carpeting
Lot features
Near Shopping, Near Train, Commercial Area
Directions
Route 27 South, 4 Block South Of H-mart shopping center, Cross Away From 7 Eleven
Standard status
Active
APN
0500089000000031
Size
425 SF
Lot size
0.39 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
26074
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1988
Floors in Building
2
Flooring type
Tile, Carpet
Building materials
Brick
Roof type
Asphalt
Listing Agency:
REALMART REALTY LLC
(888) 362-6543
Listed By:
Yan "Rita" Zhang
(732) 589-8321
Added: May 15
Changed: Oct 8
Last Checked: Oct 16 at 7:06AM
MLS# 2615890R
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 425-square-foot office property occupies the second floor of a brick building constructed in 1988. The space is arranged as two office units, including one vacant unit and another furnished with office desks and chairs. Each unit has its own bathroom, while carpeting, tile flooring, central air, and electric forced-air heating support everyday office use.
The property sits on a 0.3926-acre lot at 1653 State Route 27 Highway in Edison, New Jersey. It is near the Edison train station and H-Mart shopping center, with open parking available at the building. Public water and sewer serve the property, and the roof is asphalt.
The property sits on a 0.3926-acre lot at 1653 State Route 27 Highway in Edison, New Jersey. It is near the Edison train station and H-Mart shopping center, with open parking available at the building. Public water and sewer serve the property, and the roof is asphalt.
Key Highlights
- 425 square feet of office space
- Two second‑floor office units, including one vacant unit
- Individual bathroom for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,942
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,840
$138.8K
Cap Rate 7%
$99,171
$99.2K
Cap Rate 9%
$77,133
$77.1K
Market Conditions
NOI Build-Up for 425 SF
Gross rent
$11.2K $26.40/SF
− Vacancy
−$2.0K −$4.62/SF
EGI
$9.3K $21.78/SF
− OpEx
−$2.3K −$5.44/SF
NOI
$6.9K $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%
$138,840
Cap Rate 7%
$99,171
Cap Rate 9%
$77,133
Alternative Uses
Best Use
Office B
$99.2K
$86.8K – $115.7K
NOI $6,942 @ 7.0% cap · market cap 462.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$137.7K
$120.5K – $160.7K
NOI $9,642 @ 7.0% cap · market cap 642.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,009
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Second-floor office space offers individual bathrooms and access to open parking.
Where is this office units located?
The property is located at 1653 State Route 27 Highway Edison, NJ.
What are key features of this property?
This property features: 425 square feet of office space; Two second‑floor office units, including one vacant unit; Individual bathroom for each unit
