First-Floor Medical Office
For Sale
Contact for pricing
222 Easton Ave B, New Brunswick, NJ 08901
Flexible professional suite beside St. Peter's Medical Center with reception, private rooms, consultation space, and restroom facilities.
Property Size4,000 SF
Days on Market49
Property Features for 222 Easton Ave B
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial
Additional Details
Floor
1
Taxes and HOA fees
Annual Taxes
$34,660
Building Details
Building Size
4,000 SF
Year Built
1960
Stories
2
Listing Agency:
Century 21 Barrood Realtors
Listed By:
LAURIE B. MACHALANY
(732) 496-0146
Source:
Elliman
Added: Sep 18
Changed: Oct 25
Last Checked: Nov 4 at 2:02PM
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 Century 21 Barrood Realtors
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Investment Insights
Based on property information with market context.
This first-floor medical office suite, built in 1960, is arranged for professional occupancy with a dedicated reception and file area, a visitor waiting zone, five private rooms, an additional consultation or office room, and one bathroom. The layout supports medical, dental, and general professional office functions without relying on an open-plan configuration.
The property is positioned next to St. Peter's Medical Center in New Brunswick, providing an immediately recognizable healthcare-oriented setting. Walk Score is 76, classified as Very Walkable; Bike Score is 66, classified as Bikeable; and Transit Score is 32, classified as Some Transit. The combination of private rooms, reception infrastructure, and consultation space offers a practical configuration for an office user requiring multiple enclosed areas.
The property is positioned next to St. Peter's Medical Center in New Brunswick, providing an immediately recognizable healthcare-oriented setting. Walk Score is 76, classified as Very Walkable; Bike Score is 66, classified as Bikeable; and Transit Score is 32, classified as Some Transit. The combination of private rooms, reception infrastructure, and consultation space offers a practical configuration for an office user requiring multiple enclosed areas.
Key Highlights
- Adjacent to St. Peter's Medical Center in New Brunswick, NJ
- First‑floor suite with five private rooms
- Additional consultation room or office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,558
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,191,160
$1.2M
Cap Rate 7%
$850,829
$850.8K
Cap Rate 9%
$661,756
$661.8K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$105.6K $26.40/SF
− Vacancy
−$6.3K −$1.58/SF
EGI
$99.3K $24.82/SF
− OpEx
−$39.7K −$9.93/SF
NOI
$59.6K $14.89/SF
Area
Middlesex County, NJ
Vacancy
6.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,191,160
Cap Rate 7%
$850,829
Cap Rate 9%
$661,756
Alternative Uses
Best Use
Office B
$874.3K
$765.0K – $1.02M
NOI $61,200 @ 7.0% cap · market cap 2,040.00%
Second Best
Healthcare Medical
$850.8K
$744.5K – $992.6K
NOI $59,558 @ 7.0% cap · market cap 1,985.27%
Theoretical Best
Office A
$1.04M
$913.9K – $1.22M
NOI $73,114 @ 7.0% cap · market cap 2,437.13%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,271
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 08901, NJ
56,278
Population
17,071
Households
3.3
Avg Household Size
27
Median Age
24%
College-Educated
66%
High-School Grad
6.3 sq mi
ZIP Area
8,933
Density / Sq Mi
$60,248
Median Household Income
$25,192
Median Earnings
$1,790
Median Rent
$316,800
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Flexible professional suite beside St. Peter's Medical Center with reception, private rooms, consultation space, and restroom facilities.
Where is this medical office space located?
The property is located at 222 Easton Ave B New Brunswick, NJ.
What are key features of this property?
This property features: Adjacent to St. Peter's Medical Center in New Brunswick, NJ; First‑floor suite with five private rooms; Additional consultation room or office
