Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    242 County Rd 607 Middlesex, NJ

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    11,000 SF retail space available on Lincoln Boulevard.

    Property size:
    11,000 SF
    Lot size:
    4.27 Acres

    Property Features for 242 County Rd 607

    General Information

    Size
    11,000 SF
    Lot size
    4.27 Acres

    We can help!

    Listing Contact
    Joel Dicker
    Joel Dicker
    Source: Moodyscre

    Listing Agency: Bennett Realty & Development Listing Agent: Joel Dicker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Middlesex Retail Space For Lease

    Located on Lincoln Boulevard in Middlesex, New Jersey, this property offers 11,000 square feet of leasable retail space. The space features a loading dock and an open floor plan. The building has an AFF of 17 feet clear across most of the building. Existing tenants include Superfresh, occupying 44,350 square feet, Cub Liquors with 5,647 square feet, and a 3,500 square foot second-floor office. A Pilot Program is in effect through 2053.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    Middlesex Shopping Center

    Map

    City
    Middlesex
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.505312
    Latitude
    40.575405

    Nearby Similar for Lease

    • $3,000 /Mo

      Retail Space on Busy Route

      1,800 SF retail space in Middlesex Borough for rent.
      748 Bound Brook Rd, Middlesex, NJ 08846
      View Details
    • $16 SF/Yr

      Office Suites Available For Rent

      Office suites available with reception, private offices, and conference area.
      1273 Bound Brook Rd, Middlesex, NJ 08846
      View Details
    • $13 SF/Yr

      Flex Space Ready for Fit-Out

      4,000 SF flex space available in Middlesex, NJ.
      275 Lincoln Blvd, Middlesex, NJ 08846
      View Details
    • Contact for pricing

      Industrial Warehouse with Highway Access

      6,600 SF warehouse with 28' clearance near I-287.
      166 Baekeland Ave, Middlesex, NJ 08846
      View Details
    • $13 SF/Yr

      Stand Alone Building Office Suites

      Two office suites available in a stand-alone building.
      1251 Bound Brook Rd, Middlesex, NJ 08846
      View Details
    • $16 SF/Yr

      Office Suites Available For Rent

      Office suites available with reception, private offices, and conference area.
      1273 Bound Brook Rd, Middlesex, NJ 08846
      View Details
    • $13 SF/Yr

      Stand Alone Building Office Suites

      Two office suites available in a stand alone building.
      1251 Bound Brook Rd, Middlesex, NJ 08846
      View Details
    • $13 SF/Yr
      1,940 SF

      Stand Alone Building Office Suites

      Office suites available in stand-alone building with off-street parking.
      1251 Bound Brook Rd, Middlesex, NJ 08846
      View Details
    • Contact for pricing

      Industrial Warehouse Near I-287

      6,600 SF warehouse with expansion potential, near major highways.
      166 Baekeland Ave, Middlesex, NJ 08846
      View Details
    • $16 SF/Yr
      9,600 SF

      Office Suites For Rent

      Office suites available in a complex with reception and conference areas.
      1273 Bound Brook Rd, Middlesex, NJ 08846
      View Details
    • Contact for pricing
      20,000 SF

      Industrial Warehouse with Office Space

      20,000 SF industrial building with warehouse and office space.
      3 Smalley Ave, Middlesex, NJ 08846
      View Details

    FAQs

    What type of property is this?
    Shopping center - 11,000 SF retail space available on Lincoln Boulevard.
    Where is this shopping center located?
    The property is located at 242 County Rd 607 Middlesex, NJ.
    What are key features of this property?
    This property features: - Prime location on Lincoln Boulevard in Middlesex, NJ; - 11,000 SF available for lease; - PILOT Program in effect through 2053
    (732) 837-4060 Call to check price and availability
    Request Owner's contact information
    242 County Rd 607 Middlesex, NJ
    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.
    242 County Rd 607
    Middlesex, NJ
    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
    242 County Rd 607 Middlesex, NJ
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Joel Dicker
    Joel Dicker
    Real Estate License ID: 0560893
    (732) 837-4060 (732) 444-2449
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!