Furnished Office
For Sale
$225,000
250 Stelton Rd Unit 5, Piscataway, NJ 08854
Furnished office suite with private work areas, meeting space, pantry, restroom, and utility room.
Property Size750 SF
Price / SF$300
Days on Market51
Property Features for 250 Stelton Rd Unit 5
General Information
Standard status
Active
Size
750 SF
Additional Details
Furnished
Yes
Building Details
Year Built
1991
Listing Agency:
KELLER WILLIAMS ELITE REALTORS
Listed By:
KIRAN MALI · License #408602
(463) 250-3928
Source:
Goldstandardrealty
Added: Sep 16
Changed: Oct 25
Last Checked: Oct 7 at 5:25PM
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 KELLER WILLIAMS ELITE REALTORS
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 750-square-foot office unit at 250 Stelton Road, Suite 5, includes three cabins, a meeting room, pantry area, toilet, and utility room. Furniture is included, providing an existing office setup for an incoming occupant.
The property is located in Piscataway, New Jersey, on Stelton Road. The unit is offered for sale and is also listed for lease.
The property is located in Piscataway, New Jersey, on Stelton Road. The unit is offered for sale and is also listed for lease.
Key Highlights
- 750 square feet of office space
- Three cabins plus a meeting room
- Pantry area, toilet, and utility room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,475
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,500
$229.5K
Cap Rate 7%
$163,929
$163.9K
Cap Rate 9%
$127,500
$127.5K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$22.5K $30.00/SF
− Vacancy
−$7.2K −$9.60/SF
EGI
$15.3K $20.40/SF
− OpEx
−$3.8K −$5.10/SF
NOI
$11.5K $15.30/SF
Area
Middlesex County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,500
Cap Rate 7%
$163,929
Cap Rate 9%
$127,500
Alternative Uses
Best Use
Office B
$163.9K
$143.4K – $191.3K
NOI $11,475 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$195.8K
$171.4K – $228.5K
NOI $13,709 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
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Business Placement
Demographics for 08854, NJ
60,545
Population
18,069
Households
3.4
Avg Household Size
34
Median Age
50%
College-Educated
92%
High-School Grad
18.9 sq mi
ZIP Area
3,203
Density / Sq Mi
$126,331
Median Household Income
$42,397
Median Earnings
$1,929
Median Rent
$423,900
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 unit - Furnished office suite with private work areas, meeting space, pantry, restroom, and utility room.
Where is this office unit located?
The property is located at 250 Stelton Rd Unit 5 Piscataway, NJ.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 750 square feet of office space; Three cabins plus a meeting room; Pantry area, toilet, and utility room
