First-Floor Office
For Sale
Contact for pricing
300 Perrine Rd, Old Bridge, NJ 08857
Three glass-front private offices plus bullpen, kitchenette, and ADA-compliant restroom within first-floor suites.
Property Size967 SF
Price / SF$274.04
Days on Market98
Property Features for 300 Perrine Rd
General Information
Standard status
Active
Size
967 SF
Elevators
Yes
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Floor
1
Amenities
energy-efficient aluminum paneling
high-quality electrical, HVAC, fire protection, and security systems
modern communications infrastructure
business cable
FiOS
marble floors
Building Details
Tenancy
Multi
Parking Ratio
6 per 1,000 SF
Listing Agency:
The Kislak Company
(732) 750-3000
Listed By:
Matthew LoBocchiaro
(908) 360-8050
Source:
Moodyscre
Added: Jul 28
Changed: Oct 27
Last Checked: Nov 1 at 6:09AM
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 The Kislak Company
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Investment Insights
Based on property information with market context.
Newly finished, contiguous professional office suites are located on the first floor of Building 300 at Old Bridge Professional Plaza, a 100,000 SF business and medical park situated on Routes 9 and 34.
The suite layout features three glass-front private offices, a large bullpen/open work area, a kitchenette, and a large ADA-compliant restroom. Suites are available for sale or lease individually or in combination. Parking is ample, with a ratio of 6 spaces per 1,000 SF, including one reserved parking space per unit. Building access includes a well-maintained lobby with elevator service and marble floors.
The plaza offers convenient access to Route 9 and is minutes from the Garden State Parkway. The location is also close to area hospitals and within minutes of NJ Transit bus and rail service to NYC. On-site systems and infrastructure include energy-efficient aluminum paneling, high-quality electrical, HVAC, fire protection, and security systems, along with modern communications infrastructure such as business cable and FiOS.
The suite layout features three glass-front private offices, a large bullpen/open work area, a kitchenette, and a large ADA-compliant restroom. Suites are available for sale or lease individually or in combination. Parking is ample, with a ratio of 6 spaces per 1,000 SF, including one reserved parking space per unit. Building access includes a well-maintained lobby with elevator service and marble floors.
The plaza offers convenient access to Route 9 and is minutes from the Garden State Parkway. The location is also close to area hospitals and within minutes of NJ Transit bus and rail service to NYC. On-site systems and infrastructure include energy-efficient aluminum paneling, high-quality electrical, HVAC, fire protection, and security systems, along with modern communications infrastructure such as business cable and FiOS.
Key Highlights
- 967 SF first‑floor contiguous office suites in Building 300
- Three glass‑front private offices with a large bullpen/open work area
- Kitchenette and large ADA‑compliant restroom within the suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,795
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,900
$295.9K
Cap Rate 7%
$211,357
$211.4K
Cap Rate 9%
$164,389
$164.4K
Market Conditions
NOI Build-Up for 967 SF
Gross rent
$29.0K $30.00/SF
− Vacancy
−$9.3K −$9.60/SF
EGI
$19.7K $20.40/SF
− OpEx
−$4.9K −$5.10/SF
NOI
$14.8K $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%
$295,900
Cap Rate 7%
$211,357
Cap Rate 9%
$164,389
Alternative Uses
Best Use
Office B
$211.4K
$184.9K – $246.6K
NOI $14,795 @ 7.0% cap · market cap 5.58%
Second Best
Healthcare Medical
$205.7K
$180.0K – $240.0K
NOI $14,398 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$252.5K
$220.9K – $294.6K
NOI $17,675 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
Explore this area
Business Placement
Demographics for 08857, NJ
40,675
Population
16,241
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
24.0 sq mi
ZIP Area
1,695
Density / Sq Mi
$101,192
Median Household Income
$59,028
Median Earnings
$1,462
Median Rent
$459,400
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 - Three glass-front private offices plus bullpen, kitchenette, and ADA-compliant restroom within first-floor suites.
Where is this office unit located?
The property is located at 300 Perrine Rd Old Bridge, NJ.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 967 SF first‑floor contiguous office suites in Building 300; Three glass‑front private offices with a large bullpen/open work area; Kitchenette and large ADA‑compliant restroom within the suite
