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Furnished Medical Office Suite

2 State Route 27 Highway, Edison, NJ 08820

For Sale
$1,500,000

Commercial Sale, Edison, NJ

Property Size3,800 SF
Lot Size0.26 Acres
Price / SF$394.74
Days on Market241

Property Features for 2 State Route 27 Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning EI
Parking 100
Parking features Garage, Parking Lot
Interior features Appliances, Fixtures, Furniture, Office Equipment, Elevator, Lighting Fixtures
Accessibility Accessible Elevator Installed
Appliances Appliances
Lot features Business District
Standard status Active
APN 0500643310001728C0100
Size 3,800 SF
Lot size 0.26 Acres

Additional Details

Property Use Office
Condition Move-in Ready

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 25744

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Central Air
Water source Public

Amenities

Central air condition and heating
Natural Light
WI-FI
Hardwood liked Floors
Great lighting
Pantry/Kitchen
Recessed Lighting
Open-Plan
24/7 Access
ground floor entrance direct to unit

Building Details

Year built 1987
Floors in Building 5
Flooring type Lighting fixtures, Wood, Elevator, Concrete, Tile
Building materials Concrete
Roof type Asphalt
Buildings 1
Listing Agency: COLDWELL BANKER REALTY · Coldwell Banker Real Estate
Listed By: Ying Gautreau
Added: Mar 14 Changed: Nov 8 Last Checked: Nov 9 at 5:06AM
MLS# 2661471M

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.

Rey
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Investment Insights

Based on property information with market context.

This 3,800-square-foot medical office suite occupies a high-rise building and is configured for a doctor’s office. The open-plan layout includes a pantry and comes with furnishings and office equipment. Central air conditioning and heat pump heating serve the space, and the building has an elevator. The unit has a ground-floor entrance providing direct access. Built in 1987, the property is zoned EI.

The office is next to JFK Hospital and near Metropark Train Station. Parking is available in a garage and parking lot.

Key Highlights

  • 3,800‑square‑foot medical office suite set up for a doctor’s office
  • Furnishings and office equipment included
  • Open‑plan layout with pantry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$62,073
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,241,460 $1.2M
Cap Rate 7%
$886,757 $886.8K
Cap Rate 9%
$689,700 $689.7K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$100.3K $26.40/SF
− Vacancy
−$17.6K −$4.62/SF
EGI
$82.8K $21.78/SF
− OpEx
−$20.7K −$5.44/SF
NOI
$62.1K $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%
$1,241,460
Cap Rate 7%
$886,757
Cap Rate 9%
$689,700

Alternative Uses

Best Use
Office B
$886.8K
$775.9K – $1.03M (±1% cap)
NOI $62,073 @ 7.0% cap · market cap 4.14%
Second Best
Healthcare Medical
$763.3K
$667.9K – $890.6K (±1% cap)
NOI $53,434 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,210 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Lease Details

1
Office units

Location Intelligence

Trade Area within ½ mile

389
Businesses Nearby
Under-served
Demand for This Use

Demographics for 08820, NJ

41,169
Population
13,215
Households
3.1
Avg Household Size
42
Median Age
71%
College-Educated
93%
High-School Grad
10.4 sq mi
ZIP Area
3,959
Density / Sq Mi
$168,453
Median Household Income
$86,386
Median Earnings
$1,925
Median Rent
$597,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Medical Office Space in Edison, NJ

$422 Jul
$292 Aug
$220 Sep
$220 Oct

Properties on Market for Medical Office Space in Edison

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?
Medical Office Space - A doctor’s office build-out includes equipment, a pantry, central air conditioning, heating, and 24/7 access.
Where is this medical office space located?
The property is located at 2 State Route 27 Highway Edison, NJ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3,800‑square‑foot medical office suite set up for a doctor’s office; Furnishings and office equipment included; Open‑plan layout with pantry
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