Two-Story Office
32 Jefferson Plaza South Brunswick, NJ 08540
32 Jefferson Plaza, South Brunswick, NJ, 08540
$499,000
For Sale
$499,000
COMMERCIAL - South Brunswick, NJ
Property Size2,000 SF
Price / SF$249.50
Days on Market51
Property Features for 32 Jefferson Plaza
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- OR
- Parking
- 3
- Standard status
- Active
- APN
- 21000960600032
- Size
- 2,000 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9312
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 2
- Flooring type
- Tile
- Building materials
- Brick
- Roof type
- Asphalt
Listing Agency
DAVIS REALTORS
(732) 254-6700
288 SUMMERHILL ROAD, East Brunswick, NJ
Listed by
Brian Walsh
(732) 254-6700
Added: Jun 1 Updated: Jun 4 at 8:27 am Checked: Jul 21 at 12:06 am
MLS# 2616691R
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
32 Jefferson Plaza is a 2,000-square-foot two-story office condominium within the Jefferson Plaza office complex. The space is nicely renovated and move-in ready, with 1,000 square feet on each floor and floorplans available for each level. The ground floor features two offices, an open bullpen, an IT room, and an ADA bathroom. The second floor offers five offices, an open area with cubicles, a kitchenette, and an ADA bathroom.
The property is positioned at the entrance of the complex and is described as one of the most visible units in the plaza. It is located about a block off the Route 1 and Raymond Rd intersection, with access to I-295 and the NJTP, providing convenient regional connectivity. The listing also notes three dedicated parking spaces and abundant shared on-site parking.
With separate HVAC for each floor and common-area separation between levels, the layout is practical for one or two users. It supports a variety of professional and medical-office uses listed for the property, including attorneys, accountants, engineering, real estate, therapy and counseling, physical therapy, and similar professional services. The unit includes an alarm system, a Generac generator, new flooring, LED efficient lighting, Nest thermostats, and large windows.
The property is positioned at the entrance of the complex and is described as one of the most visible units in the plaza. It is located about a block off the Route 1 and Raymond Rd intersection, with access to I-295 and the NJTP, providing convenient regional connectivity. The listing also notes three dedicated parking spaces and abundant shared on-site parking.
With separate HVAC for each floor and common-area separation between levels, the layout is practical for one or two users. It supports a variety of professional and medical-office uses listed for the property, including attorneys, accountants, engineering, real estate, therapy and counseling, physical therapy, and similar professional services. The unit includes an alarm system, a Generac generator, new flooring, LED efficient lighting, Nest thermostats, and large windows.
Key Highlights
- 2,000 SF two‑story office condominium with 1,000 SF on each floor in Jefferson Plaza
- Move‑in ready with new flooring, LED efficient lighting, Nest thermostat, and large windows
- Ground floor offers two offices, open bullpen, IT room, and ADA bathroom
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 | $60.0k | $30.00 |
| − Vacancy | −$19.2k | −$9.60 |
| EGI | $40.8k | $20.40 |
| − OpEx | −$10.2k | −$5.10 |
| NOI | $30.6k | $15.30 |
2,000 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$437.1K
$382.5K – $510.0K
NOI $30,600 @ 7.0% cap · market cap 6.13%
Second Best
Healthcare Medical
$425.4K
$372.2K – $496.3K
NOI $29,779 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$522.2K
$457.0K – $609.3K
NOI $36,557 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Move-in-ready two-story office condo with separate HVAC, ADA bathrooms, and dedicated parking in a professional office complex.
Where is this office units located?
The property is located at 32 Jefferson Plaza South Brunswick, 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: 2,000 SF two‑story office condominium with 1,000 SF on each floor in Jefferson Plaza; Move‑in ready with new flooring, LED efficient lighting, Nest thermostat, and large windows; Ground floor offers two offices, open bullpen, IT room, and ADA bathroom
