Medical Office Suite with Conference
For Sale
Contact for pricing
203c-2 Ethel Rd, Edison, NJ 08817
Configured with reception, private offices, meeting space, and storage for professional operations.
Property Size1,500 SF
Price / SF$2.18
Days on Market120
Property Features for 203c-2 Ethel Rd
General Information
Standard status
Active
Size
1,500 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$14,966
Building Details
Tenancy
Multi
Listing Agency:
WEICHERT CO REALTORS
(908) 526-5444
Listed By:
ADAM CHU
(908) 874-8100
Source:
Exprealty
Added: Jun 18
Changed: Oct 6
Last Checked: Oct 15 at 2:01AM
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 WEICHERT CO REALTORS
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Investment Insights
Based on property information with market context.
This medical office space is arranged for professional use with a reception and lobby area, multiple offices, a conference room, and storage rooms. The configuration supports medical, laboratory, and other professional office functions without relying on a food-service layout.
The property is located at 203c-2 Ethel Rd in Edison, New Jersey, with convenient access to Rt. 1, 9, 27, 287, 440, 514, 529, the Parkway, and the Turnpike. The surrounding office complex includes doctors’ and laboratory offices, while nearby shops, banks, and restaurants add supporting services for staff and visitors.
The property is located at 203c-2 Ethel Rd in Edison, New Jersey, with convenient access to Rt. 1, 9, 27, 287, 440, 514, 529, the Parkway, and the Turnpike. The surrounding office complex includes doctors’ and laboratory offices, while nearby shops, banks, and restaurants add supporting services for staff and visitors.
Key Highlights
- Medical office configuration with reception and lobby areas
- Multiple private offices, conference room, and storage rooms
- Located at 203c‑2 Ethel Rd, Edison, NJ
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,092
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,840
$421.8K
Cap Rate 7%
$301,314
$301.3K
Cap Rate 9%
$234,356
$234.4K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$37.8K $25.20/SF
− Vacancy
−$2.6K −$1.76/SF
EGI
$35.2K $23.44/SF
− OpEx
−$14.1K −$9.37/SF
NOI
$21.1K $14.06/SF
Area
Edison, NJ
Vacancy
7.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,840
Cap Rate 7%
$301,314
Cap Rate 9%
$234,356
Alternative Uses
Best Use
Office B
$350.0K
$306.3K – $408.4K
NOI $24,503 @ 7.0% cap · market cap 749.33%
Second Best
Healthcare Medical
$301.3K
$263.7K – $351.5K
NOI $21,092 @ 7.0% cap · market cap 645.02%
Theoretical Best
Office A
$486.1K
$425.4K – $567.2K
NOI $34,030 @ 7.0% cap · market cap 1,040.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08817, NJ
48,243
Population
17,260
Households
2.8
Avg Household Size
37
Median Age
49%
College-Educated
91%
High-School Grad
10.6 sq mi
ZIP Area
4,551
Density / Sq Mi
$109,734
Median Household Income
$54,631
Median Earnings
$1,946
Median Rent
$411,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with reception, private offices, meeting space, and storage for professional operations.
Where is this medical office space located?
The property is located at 203c-2 Ethel Rd Edison, NJ.
What are key features of this property?
This property features: Medical office configuration with reception and lobby areas; Multiple private offices, conference room, and storage rooms; Located at 203c‑2 Ethel Rd, Edison, NJ
