Downtown Office Building with Multiple
29 CENTER ST Unit 29 Clinton, NJ 08809
29 CENTER ST Unit 29, Clinton, NJ, 08809
$499,000
For Sale
$499,000
Office building with three separate entrances, previously used as an accounting firm, and a July 2025 roof replacement.
Property Size2,960 SF
Price / SF$168.58
Days on Market135
Property Features for 29 CENTER ST Unit 29
General Information
- Standard status
- Active
- Size
- 2,960 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1900
Listing agency
RED BARN REALTY
(908) 334-1475
Listed by
CARL ANTHONY PORAMBO · License #238079
(908) 334-1475
Source
Xome
Added: Mar 8 Updated: Jul 21 at 2:05AM Checked: Jul 21 at 3:15AM
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 RED BARN REALTY
Investment Insights
Based on property information with market context.
This downtown office building is configured with three separate entrances for each floor. The prior use was an accounting firm. A new roof was installed in July 2025. Public remarks also indicate that, with town approval and installation of a fire system, the second floor could be converted to residential, with an estimate available.
The property is located at 29 Center St, Unit 29 in Clinton, NJ 08809. The existing layout supports independent floor access through the multiple entrances.
For tenants or buyers seeking a multi-floor office setting, the building’s separate entrances and recent roof update provide a clear starting point for continued office operations or an approved conversion path for the second floor.
The property is located at 29 Center St, Unit 29 in Clinton, NJ 08809. The existing layout supports independent floor access through the multiple entrances.
For tenants or buyers seeking a multi-floor office setting, the building’s separate entrances and recent roof update provide a clear starting point for continued office operations or an approved conversion path for the second floor.
Key Highlights
- 3, separate entrances for the office building, with each floor having its own entry
- Previously used as an accounting firm
- Roof replaced July 2025 (asphalt shingle)
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.8k | $30.00 |
| − Vacancy | −$28.4k | −$9.60 |
| EGI | $60.4k | $20.40 |
| − OpEx | −$15.1k | −$5.10 |
| NOI | $45.3k | $15.30 |
2,960 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$647.0K
$566.1K – $754.8K
NOI $45,288 @ 7.0% cap · market cap 9.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$772.9K
$676.3K – $901.7K
NOI $54,104 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Les Hall & Associates, ...
Tax Preparation
Richard D. Walton, ...
Tax Preparation
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FAQs
What type of property is this?
Office units - Office building with three separate entrances, previously used as an accounting firm, and a July 2025 roof replacement.
Where is this office units located?
The property is located at 29 CENTER ST Unit 29 Clinton, NJ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3, separate entrances for the office building, with each floor having its own entry; Previously used as an accounting firm; Roof replaced July 2025 (asphalt shingle)
