Second-Floor Office
206-843 Rahway Ave, Woodbridge, NJ 07095
For Sale
Contact for pricing
A private office and dedicated reception area are complemented by shared restrooms and utilities included.
Property Size10,312 SF
Price / SF$0.08
Days on Market13
Property Features for 206-843 Rahway Ave
General Information
Standard status
Size
Additional Details
Floor
Property Use
Taxes and HOA fees
Annual Taxes
Listing Agency:
J.J. ELEK REALTY CO.
(732) 634-9100
Listed By:
GABRIELLE SMITH
(908) 380-9291
Source:
Exprealty
Added: Oct 28
Changed: Nov 6
Last Checked: Nov 8 at 7:11AM
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.
Positioned on the second floor of a renovated urban-style building, this office unit combines a private workspace with a dedicated reception and waiting area. Common restrooms serve the space and its visitors, and utilities are included.
The property also offers space on an outdoor sign, providing an option to identify the business at the building.
The property also offers space on an outdoor sign, providing an option to identify the business at the building.
Key Highlights
- Second‑floor office space in a renovated urban‑style building
- Private office with a dedicated reception and waiting area
- Utilities included
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 19,721.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.69M
$2.36M – $3.14M
NOI $188,487 @ 7.0% cap · market cap 23,560.88%
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 - A private office and dedicated reception area are complemented by shared restrooms and utilities included.
Where is this office unit located?
The property is located at 206-843 Rahway Ave Woodbridge, NJ.
What are key features of this property?
This property features: Second‑floor office space in a renovated urban‑style building; Private office with a dedicated reception and waiting area; Utilities included
