Office Suite with Conference
202-b-843 Rahway Ave, Woodbridge, NJ 07095
For Sale
Contact for pricing
The second-floor layout includes two private offices and a kitchenette.
Property Size10,312 SF
Price / SF$0.24
Days on Market13
Property Features for 202-b-843 Rahway Ave
General Information
Standard status
Size
Additional Details
Floor
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
conference area
kitchenette
outdoor sign
waiting/reception area
common bathrooms
Listing Agency:
J.J. ELEK REALTY CO.
(732) 634-9100
Listed By:
GABRIELLE SMITH
(908) 380-9291
Source:
Exprealty
Added: Oct 28
Changed: Nov 8
Last Checked: Nov 8 at 4:38PM
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 J.J. ELEK REALTY CO.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located on the second floor of a renovated building, this office suite includes a reception and waiting area, a conference area, two private offices, and a kitchenette. Shared bathrooms are available for occupants and visitors, and the suite has space on the outdoor sign.
The property is at 202-b-843 Rahway Ave in Woodbridge, New Jersey.
The property is at 202-b-843 Rahway Ave in Woodbridge, New Jersey.
Key Highlights
- Second‑floor office suite with a reception and waiting area
- Conference area, two private offices, and a kitchenette
- Shared bathrooms and space on the outdoor sign
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$157,774
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,155,480
$3.2M
Cap Rate 7%
$2,253,914
$2.3M
Cap Rate 9%
$1,753,044
$1.8M
Market Conditions
NOI Build-Up for 10,312 SF
Gross rent
$309.4K $30.00/SF
− Vacancy
−$99.0K −$9.60/SF
EGI
$210.4K $20.40/SF
− OpEx
−$52.6K −$5.10/SF
NOI
$157.8K $15.30/SF
Area
Middlesex County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,155,480
Cap Rate 7%
$2,253,914
Cap Rate 9%
$1,753,044
Alternative Uses
Best Use
Office B
$2.25M
$1.97M – $2.63M
NOI $157,774 @ 7.0% cap · market cap 6,310.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.69M
$2.36M – $3.14M
NOI $188,487 @ 7.0% cap · market cap 7,539.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,212
Businesses Nearby
Explore this area
Business Placement
Demographics for 07095, NJ
19,839
Population
8,132
Households
2.4
Avg Household Size
39
Median Age
34%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
4,313
Density / Sq Mi
$99,718
Median Household Income
$56,988
Median Earnings
$2,077
Median Rent
$361,200
Median Home Value
Market
Average Price Trend$/SF for Office Units in Middlesex County, NJ
Properties on Market for Office Units in Middlesex County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The second-floor layout includes two private offices and a kitchenette.
Where is this office unit located?
The property is located at 202-b-843 Rahway Ave Woodbridge, NJ.
What are key features of this property?
This property features: Second‑floor office suite with a reception and waiting area; Conference area, two private offices, and a kitchenette; Shared bathrooms and space on the outdoor sign
