Office Building For
169 MINE BROOK RD Bernardsville, NJ 07924
For Sale
Contact for pricing
Well-kept office property available for sale at 169 Mine Brook Rd in Bernardsville, NJ.
Property Size6,069 SF
Price / SF$346.84
Days on Market8
Property Features for 169 MINE BROOK RD
General Information
Standard status
Active
Size
6,069 SF
Property subtype
Office
Building Details
Year Built
1990
Listing Agency:
Marcus & Millichap - New Jersey
(201) 742-6118
Listed By:
Vincent Pennino · License #2561244
Source:
Crexi
Added: Jul 22
Changed: Jul 26
Last Checked: Jul 28 at 4:36AM
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 Marcus & Millichap - New Jersey
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to exclusively present 169 Mine Brook Rd in Bernardsville, New Jersey. The offering is an office building configured as commercial real estate for potential buyers seeking an office-focused asset.
The property is located at 169 Mine Brook Rd in Somerset County. More detailed information regarding layout, condition, and specific office configurations is not provided in the available materials.
The property is located at 169 Mine Brook Rd in Somerset County. More detailed information regarding layout, condition, and specific office configurations is not provided in the available materials.
Key Highlights
- Well‑kept office property for sale at 169 Mine Brook Rd in Bernardsville, NJ
- Built in 1990
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 | $182.1k | $30.00 |
| − Vacancy | −$58.3k | −$9.60 |
| EGI | $123.8k | $20.40 |
| − OpEx | −$31.0k | −$5.10 |
| NOI | $92.9k | $15.30 |
6,069 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.33M
$1.16M – $1.55M
NOI $92,856 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.58M
$1.39M – $1.85M
NOI $110,932 @ 7.0% cap · market cap 5.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Well-kept office property available for sale at 169 Mine Brook Rd in Bernardsville, NJ.
Where is this office building located?
The property is located at 169 MINE BROOK RD Bernardsville, NJ.
What is the asking price?
The asking price for this property is $2,105,000.
What are key features of this property?
This property features: Well‑kept office property for sale at 169 Mine Brook Rd in Bernardsville, NJ; Built in 1990
