Four-Office Commercial
For Sale
Contact for pricing
253 Livingston Ave, New Brunswick, NJ 08901
Four offices occupy two upper floors, with bathrooms serving both levels.
Property Size2,997 SF
Price / SF$8.61
Days on Market49
Property Features for 253 Livingston Ave
General Information
Standard status
Active
Size
2,997 SF
Additional Details
Floor
Second Floor, Third Floor
Office Units
4
Amenities
bathrooms
Building Details
Year Built
1920
Listing Agency:
MINIERI REALTY LLC
Listed By:
ROY F. MINIERI
(732) 354-1957
Source:
Goldstandardrealty
Added: Sep 7
Changed: Oct 9
Last Checked: Oct 7 at 4:15PM
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 MINIERI REALTY LLC
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Investment Insights
Based on property information with market context.
This 2,997-square-foot office property, built in 1920, includes four offices arranged across the second and third floors. Bathrooms are provided on each floor, supporting the existing office layout and separate upper-level configurations.
The second-floor offices may be leased individually or together, while the two third-floor offices are offered as a combined arrangement. The property is located at 253 Livingston Ave in New Brunswick, New Jersey, and is offered for sale.
The second-floor offices may be leased individually or together, while the two third-floor offices are offered as a combined arrangement. The property is located at 253 Livingston Ave in New Brunswick, New Jersey, and is offered for sale.
Key Highlights
- Four offices distributed across the second and third floors
- Bathrooms located on both office floors
- Second‑floor offices can be leased separately or together
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,854
Suggested Prices Based on Cap Rates
Cap Rate 5%
$917,080
$917.1K
Cap Rate 7%
$655,057
$655.1K
Cap Rate 9%
$509,489
$509.5K
Market Conditions
NOI Build-Up for 2,997 SF
Gross rent
$89.9K $30.00/SF
− Vacancy
−$28.8K −$9.60/SF
EGI
$61.1K $20.40/SF
− OpEx
−$15.3K −$5.10/SF
NOI
$45.9K $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%
$917,080
Cap Rate 7%
$655,057
Cap Rate 9%
$509,489
Alternative Uses
Best Use
Office B
$655.1K
$573.2K – $764.2K
NOI $45,854 @ 7.0% cap · market cap 177.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$782.6K
$684.8K – $913.0K
NOI $54,780 @ 7.0% cap · market cap 212.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
1,532
Businesses Nearby
Explore this area
Business Placement
Demographics for 08901, NJ
56,278
Population
17,071
Households
3.3
Avg Household Size
27
Median Age
24%
College-Educated
66%
High-School Grad
6.3 sq mi
ZIP Area
8,933
Density / Sq Mi
$60,248
Median Household Income
$25,192
Median Earnings
$1,790
Median Rent
$316,800
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 - Four offices occupy two upper floors, with bathrooms serving both levels.
Where is this office unit located?
The property is located at 253 Livingston Ave New Brunswick, NJ.
What are key features of this property?
This property features: Four offices distributed across the second and third floors; Bathrooms located on both office floors; Second‑floor offices can be leased separately or together
