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Two-Story Multi-Tenant Office Building
For Sale
$1,300,000

315 W Washington Ave, Washington, NJ 07882

Updated two-story office building with elevator, common areas, and ample on-site parking for tenants and visitors.

Property Size9,450 SF
Price / SF$137.57
Days on Market67

Property Features for 315 W Washington Ave

General Information

Standard status Active
Size 9,450 SF
Total Parking Spaces 45
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $48,286

Amenities

elevator
common lobby
Central air
Asphalt Shingle Roof
4+ Units Cooling
4+ Units Heating
Parking Lot-Shared

Building Details

Stories 2
Tenancy Multi
Listing Agency: TURPIN REAL ESTATE, INC.
Listed By: RICHARD BURGSTRESSER · License #1430207
Source: Corcoran
Added: Jun 19 Changed: Aug 23 Last Checked: Aug 23 at 6:40AM

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 TURPIN REAL ESTATE, INC.

Investment Insights

Based on property information with market context.

This updated two-story modern office/professional building is configured for three long-term tenants. The property is currently under two long-term leases, with yearly rent escalation and renewal options, supporting both investor income and an owner/occupier option for a portion of the building. Building amenities include an elevator, a common lobby, and common restrooms, and the property is described as impeccably maintained.

Located at 315 W Washington Ave in Washington Boro, NJ, the building is positioned on highly visible and trafficked Route 57. Parking is available on-site with 45 spaces for tenants and visitors, supporting day-to-day accessibility for employees and clients.

Key Highlights

  • Updated two‑story office/professional building configured for three long‑term tenants
  • Two long‑term leases in place with yearly rent escalation and renewal options
  • Highly visible, trafficked Route 57 location

Property Analytics

Current Use

Mansey Family Dentistry ... Dental Office Family Support Organization Social Service Agency Griffith Drew S ... Dental Office Dr. Matthew J. ... Dental Office

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Auto Parts Store Nail Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

183
Businesses Nearby

Demographics for 07882, NJ

14,971
Population
6,290
Households
2.4
Avg Household Size
44
Median Age
38%
College-Educated
95%
High-School Grad
31.6 sq mi
ZIP Area
474
Density / Sq Mi
$100,852
Median Household Income
$55,316
Median Earnings
$1,411
Median Rent
$333,800
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Updated two-story office building with elevator, common areas, and ample on-site parking for tenants and visitors.
Where is this office building located?
The property is located at 315 W Washington Ave Washington, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Updated two‑story office/professional building configured for three long‑term tenants; Two long‑term leases in place with yearly rent escalation and renewal options; Highly visible, trafficked Route 57 location
More about this property
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