Two-Room Office
For Sale
Contact for pricing
3-159 Main St, East Brunswick, NJ 08816
Second-floor workspace includes a private entrance, half bathroom, and on-site parking.
Property Size2,520 SF
Price / SF$0.40
Days on Market22
Property Features for 3-159 Main St
General Information
Standard status
Active
Size
2,520 SF
Total Parking Spaces
3
Additional Details
Floor
Second Floor
Property Use
Office
Taxes and HOA fees
Annual Taxes
$16,368
Amenities
private entrance
half bathroom
Building Details
Tenancy
Multi
Listing Agency:
WEICHERT CO REALTORS
(732) 254-1700
Listed By:
SLOANE M. WEINSTEIN · License #0565593
(732) 995-4289
Source:
Exprealty
Added: Oct 12
Changed: Nov 1
Last Checked: Nov 1 at 4:19PM
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 WEICHERT CO REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located on the second floor of a commercial building, this office suite has two separate rooms, a private entrance, and a half bathroom. Three on-site parking spaces are included. A deli occupies the first floor.
An adjoining open-plan office suite is also available. An interior door connects the two suites, allowing them to operate as one larger workspace. The property is on Main Street, near Route 18 and Old Bridge Turnpike.
An adjoining open-plan office suite is also available. An interior door connects the two suites, allowing them to operate as one larger workspace. The property is on Main Street, near Route 18 and Old Bridge Turnpike.
Key Highlights
- Two‑room office suite on the second floor
- Private entrance and half bathroom
- Three on‑site parking spaces included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,556
Suggested Prices Based on Cap Rates
Cap Rate 5%
$771,120
$771.1K
Cap Rate 7%
$550,800
$550.8K
Cap Rate 9%
$428,400
$428.4K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$75.6K $30.00/SF
− Vacancy
−$24.2K −$9.60/SF
EGI
$51.4K $20.40/SF
− OpEx
−$12.9K −$5.10/SF
NOI
$38.6K $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%
$771,120
Cap Rate 7%
$550,800
Cap Rate 9%
$428,400
Alternative Uses
Best Use
Office B
$550.8K
$482.0K – $642.6K
NOI $38,556 @ 7.0% cap · market cap 3,855.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$658.0K
$575.8K – $767.7K
NOI $46,062 @ 7.0% cap · market cap 4,606.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Explore this area
Business Placement
Demographics for 08816, NJ
48,729
Population
17,242
Households
2.8
Avg Household Size
42
Median Age
58%
College-Educated
94%
High-School Grad
20.2 sq mi
ZIP Area
2,412
Density / Sq Mi
$141,731
Median Household Income
$71,111
Median Earnings
$2,079
Median Rent
$502,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor workspace includes a private entrance, half bathroom, and on-site parking.
Where is this office unit located?
The property is located at 3-159 Main St East Brunswick, NJ.
What are key features of this property?
This property features: Two‑room office suite on the second floor; Private entrance and half bathroom; Three on‑site parking spaces included
