Office Units with Private
For Sale
Contact for pricing
239 Avenel Street 2 4, Avenel, NJ 07001
Adaptable commercial suite with separate entrances, reception areas, workstations, storage, and a full bath.
Property Size2,000 SF
Price / SF$1.50
Days on Market87
Property Features for 239 Avenel Street 2 4
General Information
Standard status
Active
Size
2,000 SF
Amenities
private offices
reception areas
separate entrances
computer/workstations
storage
full bath
Building Details
Year Built
1955
Listing Agency:
BHHS FOX & ROACH REALTORS
Listed By:
RHONDA L. BECK EDWARDS
(732) 946-3200
Source:
Mynewjerseyrealestate
Added: Jul 22
Changed: Oct 12
Last Checked: Oct 16 at 12:15PM
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 BHHS FOX & ROACH REALTORS
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Investment Insights
Based on property information with market context.
This 2,000-square-foot office unit at 239 Avenel Street includes four private offices, two reception areas, and two separate entrances. The suite also provides computer workstations, storage, and a full bath within an adaptable floor plan. Built in 1955, the property is configured for professional and personal-service applications, including accounting, medical practice, wellness studio, makeup artistry, and aesthetic or Botox clinic use.
Located in Woodbridge Proper, New Jersey, the suite is identified as units 2 and 4 at the Avenel Street address. Occupancy costs exclude CAM charges; gas and electric are the tenant’s responsibility.
Located in Woodbridge Proper, New Jersey, the suite is identified as units 2 and 4 at the Avenel Street address. Occupancy costs exclude CAM charges; gas and electric are the tenant’s responsibility.
Key Highlights
- 2,000‑square‑foot office unit at 239 Avenel Street 2, 4
- Four private offices and two reception areas
- Two separate entrances support flexible suite access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,779
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,580
$595.6K
Cap Rate 7%
$425,414
$425.4K
Cap Rate 9%
$330,878
$330.9K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$52.8K $26.40/SF
− Vacancy
−$3.2K −$1.58/SF
EGI
$49.6K $24.82/SF
− OpEx
−$19.9K −$9.93/SF
NOI
$29.8K $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%
$595,580
Cap Rate 7%
$425,414
Cap Rate 9%
$330,878
Alternative Uses
Best Use
Office B
$437.1K
$382.5K – $510.0K
NOI $30,600 @ 7.0% cap · market cap 1,020.00%
Second Best
Healthcare Medical
$425.4K
$372.2K – $496.3K
NOI $29,779 @ 7.0% cap · market cap 992.63%
Theoretical Best
Office A
$522.2K
$457.0K – $609.3K
NOI $36,557 @ 7.0% cap · market cap 1,218.57%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
494
Businesses Nearby
Explore this area
Business Placement
Demographics for 07001, NJ
16,920
Population
5,693
Households
3
Avg Household Size
36
Median Age
29%
College-Educated
88%
High-School Grad
3.7 sq mi
ZIP Area
4,573
Density / Sq Mi
$95,935
Median Household Income
$50,740
Median Earnings
$1,839
Median Rent
$351,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Adaptable commercial suite with separate entrances, reception areas, workstations, storage, and a full bath.
Where is this office units located?
The property is located at 239 Avenel Street 2 4 Avenel, NJ.
What are key features of this property?
This property features: 2,000‑square‑foot office unit at 239 Avenel Street 2, 4; Four private offices and two reception areas; Two separate entrances support flexible suite access
