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Office Suite with Open Layout

1950 Rutgers University Boulevard #Suite B Rear, Lakewood, NJ 08701

For Lease
$25 SF/Yr

The interior includes expansive open areas and an employee recreation room.

Space Size5,000 SF
Days on Market8

Property Features for 1950 Rutgers University Boulevard #Suite B Rear

General Information

Standard status Active
Size 5,000 SF
Net Rentable 5,000 SF
Property subtype Commercial

Space & Availability

Available Space 5,000 SF
Contiguous Space 5,000 SF
Space Use Office
Available From Immediate

Taxes and HOA fees

Annual Taxes $16,497

Amenities

employee recreation room
Central air
Central Air Cooling
On Site
Listing Agency: IMPERIAL REAL ESTATE AGENCY
Listed By: MICHAEL BROOKE
Source: Corcoran
Added: Nov 2 Changed: Nov 8 Last Checked: Nov 8 at 5:27AM

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 IMPERIAL REAL ESTATE AGENCY

Rey
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Investment Insights

Based on property information with market context.

The office suite at 1950 Rutgers University Boulevard is identified as Suite B (Rear) and contains approximately 5,000 square feet. Its layout includes large open rooms along with a spacious employee recreation room. The available interior can be adapted to suit a tenant’s requirements.

Key Highlights

  • Approximately 5,000 SF of office space
  • Large open rooms and an employee recreation room
  • Suite B (Rear) at 1950 Rutgers University Boulevard

Property Analytics

Current Use

Office Units

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

503
Businesses Nearby

Demographics for 08701, NJ

135,256
Population
33,539
Households
4
Avg Household Size
20
Median Age
33%
College-Educated
91%
High-School Grad
24.7 sq mi
ZIP Area
5,476
Density / Sq Mi
$62,811
Median Household Income
$34,970
Median Earnings
$1,701
Median Rent
$430,700
Median Home Value

Market

Lease Benchmarks for Lakewood, NJ

$30.84 /SF/Yr
Avg Asking Price
$25–$39.6 /SF/Yr
Price Range
3,200 SF
Avg Space Size

This space is priced 19% below the average of $30.84 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Ocean County, NJ

$17.24 Jul
$14.82 Aug
$16.83 Sep
$24.87 Oct

Properties on Market for Office Units in Ocean County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - The interior includes expansive open areas and an employee recreation room.
Where is this office unit located?
The property is located at 1950 Rutgers University Boulevard #Suite B Rear Lakewood, NJ.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Approximately 5,000 SF of office space; Large open rooms and an employee recreation room; Suite B (Rear) at 1950 Rutgers University Boulevard
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