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Office Suite with On-Site Parking
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202-3379 Us Highway 206, Bordentown, NJ 08505

Suite 202 offers 626 SF of professional office space with standard finishes and on-site parking.

Property Size626 SF
Price / SF$2.56
Days on Market169

Property Features for 202-3379 Us Highway 206

General Information

Standard status Active
Size 626 SF

Taxes and HOA fees

Annual Taxes $1.00
Listing Agency: ERA CENTRAL LEVINSON
Listed By: SCOTT V. LAURI
Source: Exprealty
Added: May 7 Changed: Oct 1 Last Checked: Oct 21 at 1:55AM

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 ERA CENTRAL LEVINSON

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Professional office suite 202 is available within a multi-suite office property on US Highway 206 in Bordentown, New Jersey. The suite is approximately 626 SF and features standard office finishes, including carpet flooring, drop ceilings, and LED lighting.

Gross lease terms include utilities and janitorial services, which can simplify monthly occupancy budgeting. The property also provides on-site parking for employees and visitors.

Suite sizes in the building range from 62 SF to 2,380 SF, providing options for a variety of office footprints.

Key Highlights

  • Suite 202 available for lease with 626 SF of professional office space
  • Standard office finishes include carpet flooring, drop ceilings, and LED lighting
  • Gross lease terms include utilities and janitorial services

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$5,616
Suggested Prices Based on Cap Rates
Cap Rate 5%
$112,320 $112.3K
Cap Rate 7%
$80,229 $80.2K
Cap Rate 9%
$62,400 $62.4K
Market Conditions
NOI Build-Up for 626 SF
Gross rent
$8.4K $13.44/SF
− Vacancy
−$925 −$1.48/SF
EGI
$7.5K $11.96/SF
− OpEx
−$1.9K −$2.99/SF
NOI
$5.6K $8.97/SF
Area
Burlington County, NJ
Vacancy
11.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$112,320
Cap Rate 7%
$80,229
Cap Rate 9%
$62,400

Alternative Uses

Best Use
Office B
$80.2K
$70.2K – $93.6K (±1% cap)
NOI $5,616 @ 7.0% cap · market cap 351.00%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.31M
$1.15M – $1.53M (±1% cap)
NOI $91,649 @ 7.0% cap · market cap 5,728.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Restaurant Big Box & Wholesale Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby

Demographics for 08505, NJ

18,178
Population
7,792
Households
2.3
Avg Household Size
43
Median Age
43%
College-Educated
96%
High-School Grad
22.5 sq mi
ZIP Area
808
Density / Sq Mi
$111,946
Median Household Income
$65,422
Median Earnings
$1,586
Median Rent
$353,200
Median Home Value

Market

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 - Suite 202 offers 626 SF of professional office space with standard finishes and on-site parking.
Where is this office unit located?
The property is located at 202-3379 Us Highway 206 Bordentown, NJ.
What are key features of this property?
This property features: Suite 202 available for lease with 626 SF of professional office space; Standard office finishes include carpet flooring, drop ceilings, and LED lighting; Gross lease terms include utilities and janitorial services
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