Medical Office Suite with Private
For Sale
Contact for pricing
239 Avenel Street Suite 2 4, Avenel, NJ 07001
The interior includes two reception areas, separate work zones, storage, dual entrances, and a full bathroom.
Property Size2,000 SF
Price / SF$1.50
Days on Market327
Property Features for 239 Avenel Street Suite 2 4
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Business
Amenities
private offices
reception areas
dual entry points
dedicated work areas
storage
full bath
Building Details
Year Built
1955
Listing Agency:
Berkshire Hathaway HomeServices Fox & Roach - Holmdel
Listed By:
Rhonda L Beck-Edwards · License #9701991
(732) 946-3200
Source:
Defelicerealtygroup
Added: Dec 12, 2025
Changed: Oct 31
Last Checked: Nov 3 at 6:41AM
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 Berkshire Hathaway HomeServices Fox & Roach - Holmdel
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Investment Insights
Based on property information with market context.
This 2,000-square-foot medical office suite contains four private offices, two reception areas, dedicated work areas, storage, and a full bath. Dual entry points provide access to the space, which was built in 1955.
The configuration is described as suitable for professional, medical, wellness, and aesthetic businesses, with examples including accounting, medical services, makeup services, and Botox clinics. Tenant charges exclude CAM; gas and electric are the tenant’s responsibility.
The configuration is described as suitable for professional, medical, wellness, and aesthetic businesses, with examples including accounting, medical services, makeup services, and Botox clinics. Tenant charges exclude CAM; gas and electric are the tenant’s responsibility.
Key Highlights
- 2,000‑square‑foot medical office suite
- Four private offices and two reception areas
- Dual entry points, dedicated work areas, storage, and a full bath
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
Under-served
Demand for This Use
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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?
Medical Office Space - The interior includes two reception areas, separate work zones, storage, dual entrances, and a full bathroom.
Where is this medical office space located?
The property is located at 239 Avenel Street Suite 2 4 Avenel, NJ.
What are key features of this property?
This property features: 2,000‑square‑foot medical office suite; Four private offices and two reception areas; Dual entry points, dedicated work areas, storage, and a full bath
