Office Unit with Four
For Sale
Contact for pricing
2741 NOTTINGHAM WAY #A, Hamilton, NJ 08619
Commercial suite includes a kitchen, two bathrooms, and three access points.
Property Size1,344 SF
Price / SF$1.64
Days on Market58
Property Features for 2741 NOTTINGHAM WAY #A
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Commercial
Amenities
Separate Entrance
Kitchen
2 Bathrooms
4 offices plus waiting area
3 Access Points
Building Details
Year Built
2001
Listing Agency:
Keller Williams Realty West Monmouth
(732) 536-9010
Listed By:
Keri Zoumas · License #8636370
(732) 718-7155
Source:
Cummingsrealtors
Added: Sep 9
Changed: Nov 5
Last Checked: Nov 4 at 2:41PM
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 Realty West Monmouth
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Investment Insights
Based on property information with market context.
This office unit provides 1,344 square feet of commercial space with four private offices and a waiting area. The layout also includes a kitchen, two bathrooms, a separate entrance, and three access points. Built in 2001, the property offers a practical configuration for professional office operations.
The suite is located at 2741 Nottingham Way, Suite A, in Hamilton, New Jersey. Its existing office layout and supporting amenities provide a ready framework for a range of professional business uses.
The suite is located at 2741 Nottingham Way, Suite A, in Hamilton, New Jersey. Its existing office layout and supporting amenities provide a ready framework for a range of professional business uses.
Key Highlights
- 1,344 square feet of commercial office space
- Four offices plus a waiting area
- Separate entrance and 3 access points
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,057
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,140
$241.1K
Cap Rate 7%
$172,243
$172.2K
Cap Rate 9%
$133,967
$134.0K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$18.1K $13.44/SF
− Vacancy
−$2.0K −$1.48/SF
EGI
$16.1K $11.96/SF
− OpEx
−$4.0K −$2.99/SF
NOI
$12.1K $8.97/SF
Area
Mercer County, NJ
Vacancy
11.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,140
Cap Rate 7%
$172,243
Cap Rate 9%
$133,967
Alternative Uses
Best Use
Office B
$172.2K
$150.7K – $201.0K
NOI $12,057 @ 7.0% cap · market cap 548.05%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$432.4K
$378.4K – $504.5K
NOI $30,269 @ 7.0% cap · market cap 1,375.86%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
727
Businesses Nearby
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Business Placement
Demographics for 08619, NJ
23,301
Population
9,761
Households
2.4
Avg Household Size
44
Median Age
46%
College-Educated
96%
High-School Grad
10.0 sq mi
ZIP Area
2,330
Density / Sq Mi
$104,922
Median Household Income
$56,772
Median Earnings
$1,712
Median Rent
$320,800
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 - Commercial suite includes a kitchen, two bathrooms, and three access points.
Where is this office unit located?
The property is located at 2741 NOTTINGHAM WAY #A Hamilton, NJ.
What are key features of this property?
This property features: 1,344 square feet of commercial office space; Four offices plus a waiting area; Separate entrance and 3 access points
