Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Space with Multiple Offices Title is generated by Realmo AI

    239 Avenel Street #Suite 2 4, Avenel, NJ 07001

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3,000 /Mo

    Versatile commercial space suitable for various professional uses.

    Type:Commercial
    Lot size:
    0.57 Acres
    Added:
    Dec 13, 2025
    Days on Market:
    156
    Last Refresh:
    Apr 5 at 11:24 pm

    Property Features for 239 Avenel Street #Suite 2 4

    General Information

    Standard status
    Active
    Lot size
    0.57 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1955

    We can help!

    Listing Contact
    RHONDA L BECK-EDWARDS

    Listing agent RHONDA L BECK-EDWARDS

    Listing office BERKSHIRE HATHAWAY HOMESERVICES FOX & ROACH - HOLMDEL

    Listing date Dec 13, 2025

    Source Corcoran

    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

    HighLights

    • Versatile commercial space suitable for professional, medical, wellness, and aesthetic businesses
    • Four private offices, two reception areas, and dedicated work areas offer flexible layouts
    • Dual entry points for convenient access
    • Full bath and storage space included
    • No CAM charges; tenant only pays for gas and electric
    • Built in 1955

    Overview

    This commercial space features a thoughtful layout that includes four private offices, two reception areas, dual entry points, dedicated work areas, storage space, and a full bath. It is designed to accommodate a range of professional, medical, wellness, and aesthetic businesses. Potential uses include accounting firms, medical offices, makeup services, and Botox clinics. The tenant is responsible for gas and electric utilities; there are no CAM charges.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Avenel
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2796
    Latitude
    40.5861

    Nearby Similar for Lease

    • $1.67 SF/Yr
      70,000 SF

      Medical Office Space Available

      Prime medical office space in a high-traffic, accessible location.
      1030 Saint Georges Avenue, Avenel, NJ 07001
      View Details
    • Contact for pricing
      29,366 SF

      Industrial Space Available For Lease

      Industrial space featuring offices, loading docks, and ample parking.
      190 Homestead Ave, Avenel, NJ 07001
      View Details
    • $17 SF/Yr
      16,050 SF

      Retail/Office Strip Center Space

      Multi-tenanted retail/office space for lease. Easy access to major routes.
      1144-1162 St. Georges Avenue, Avenel, NJ 07001
      View Details
    • Contact for pricing
      17,054 SF

      Avenel Logistics Facility for Lease

      Logistics facility in the Ports submarket with excellent transport links.
      2323 Randolph Ave, Avenel, NJ
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space For Rent

      Single tenant retail space available for rent.
      906 Route 1, Woodbridge Township, NJ 07001
      View Details
    • Contact for pricing

      Avenel Warehouse Space Available

      Warehouse space available for rent in Avenel, New Jersey.
      4 Engelhard Avenue, Avenel, NJ 07001
      View Details
    • $17 SF/Yr
      1,350 SF

      Avenel Office Space for Lease

      1,350 SF office unit available for lease.
      1144 Saint Georges Ave, Avenel, NJ
      View Details
    • Contact for pricing
      96,500 SF

      Avenel Industrial Building with Storage

      95,000 SF industrial building with secured outside storage.
      130 Essex Ave E, Avenel, NJ
      View Details
    • Contact for pricing
      81,000 SF

      Avenel Warehouse with Secured Truck Court

      81,000 SF warehouse with office space and ample parking.
      80 Essex Ave E, Avenel, NJ
      View Details
    • Contact for pricing
      29,366 SF

      Avenel Industrial Space For Lease

      Industrial space available for lease in Avenel, New Jersey.
      190 Homestead Ave, Avenel, NJ
      View Details
    • Contact for pricing
      8,230 SF

      Retail Center with Sprouts Anchor

      Retail spaces available in a busy, anchored shopping center.
      1000 St Georges Ave, Woodbridge Township, NJ 07001
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Versatile commercial space suitable for various professional uses.
    Where is this medical office space located?
    The property is located at 239 Avenel Street #Suite 2 4 Avenel, NJ.
    What is the lease rate?
    The lease rate is $3,000 /Mo.
    What are key features of this property?
    This property features: Versatile commercial space suitable for professional, medical, wellness, and aesthetic businesses; Four private offices, two reception areas, and dedicated work areas offer flexible layouts; Dual entry points for convenient access
    (732) 946-3200
    We can help!
    Listing Contact
    RHONDA L BECK-EDWARDS
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    239 Avenel Street #Suite 2, 4, Avenel, NJ 07001
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!