Second-Floor Office
For Sale
Contact for pricing
29 E Railroad Ave E, Jamesburg, NJ 08831
Private professional workspace with a covered porch in a small downtown business setting.
Property Size2,974 SF
Price / SF$0.67
Days on Market71
Property Features for 29 E Railroad Ave E
General Information
Standard status
Active
Size
2,974 SF
Additional Details
Floor
2
Amenities
covered porch
Building Details
Year Built
1920
Listing Agency:
RE/MAX SELECT
Listed By:
ROBERT J. DURSO · License #7813218
(732) 887-4787
Source:
Goldstandardrealty
Added: Aug 15
Changed: Oct 5
Last Checked: Oct 7 at 3:55PM
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 RE/MAX SELECT
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Investment Insights
Based on property information with market context.
This second-floor office unit provides a private professional setting within a property featuring a covered porch. The space measures 2,974 square feet and is suited to office operations requiring a dedicated place for business activity and client meetings.
Located at 29 E Railroad Ave in Jamesburg, the property is positioned within a traditional downtown business community in Middlesex County. Access to Route 130, Route 32/Forsgate Drive, Route 18, and the New Jersey Turnpike at Exit 8A connects the location with Central New Jersey destinations. Its setting also places it near the Monroe Township market.
Located at 29 E Railroad Ave in Jamesburg, the property is positioned within a traditional downtown business community in Middlesex County. Access to Route 130, Route 32/Forsgate Drive, Route 18, and the New Jersey Turnpike at Exit 8A connects the location with Central New Jersey destinations. Its setting also places it near the Monroe Township market.
Key Highlights
- 2,974‑square‑foot second‑floor office unit
- Covered porch adds a distinctive exterior feature
- Private office setting for professional business use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,502
Suggested Prices Based on Cap Rates
Cap Rate 5%
$910,040
$910.0K
Cap Rate 7%
$650,029
$650.0K
Cap Rate 9%
$505,578
$505.6K
Market Conditions
NOI Build-Up for 2,974 SF
Gross rent
$89.2K $30.00/SF
− Vacancy
−$28.6K −$9.60/SF
EGI
$60.7K $20.40/SF
− OpEx
−$15.2K −$5.10/SF
NOI
$45.5K $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%
$910,040
Cap Rate 7%
$650,029
Cap Rate 9%
$505,578
Alternative Uses
Best Use
Office B
$650.0K
$568.8K – $758.4K
NOI $45,502 @ 7.0% cap · market cap 2,275.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$776.6K
$679.5K – $906.0K
NOI $54,360 @ 7.0% cap · market cap 2,718.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
Explore this area
Business Placement
Demographics for 08831, NJ
55,123
Population
24,898
Households
2.2
Avg Household Size
53
Median Age
51%
College-Educated
95%
High-School Grad
51.3 sq mi
ZIP Area
1,075
Density / Sq Mi
$108,741
Median Household Income
$74,340
Median Earnings
$1,872
Median Rent
$489,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Private professional workspace with a covered porch in a small downtown business setting.
Where is this office unit located?
The property is located at 29 E Railroad Ave E Jamesburg, NJ.
What are key features of this property?
This property features: 2,974‑square‑foot second‑floor office unit; Covered porch adds a distinctive exterior feature; Private office setting for professional business use
