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Updated Medical Office Building

320 Spotswood Englishtown Road Monroe, NJ 08831

New
320 Spotswood Englishtown Road, Monroe, NJ, 08831
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Bright office building with two private offices, a conference room, kitchenette, and nine dedicated parking spaces.

Property Size1,392 SF
Price / SF$466.95
AddedJul 9
Days on Market6
Last RefreshJul 11 at 2:55 am

Property Features for 320 Spotswood Englishtown Road

General Information

Standard status
Active
Size
1,392 SF
Property subtype
Office, Retail

Building Details

Year Built
1985

Listing office RE/MAX FIRST REALTY, INC.

Listing date Jul 9, 2026

Source Crexi

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 FIRST REALTY, INC.


Investment Insights

Based on property information with market context.

This updated commercial office building offers flexible workspace designed for a variety of professional uses. The interior includes two private offices, a spacious conference room, an open area currently set up with cubicles, and two half bathrooms. A kitchenette is provided with a refrigerator, sink, and countertop.

The building features a stucco and stone exterior and sits in a highly visible position on a busy road. Nine dedicated parking spaces are available for employees and clients, and the property includes a ramp for handicap accessibility.

The current layout provides space that can support different workplace configurations while maintaining private office and meeting space. The overall presentation is move-in ready, with an emphasis on abundant natural light throughout the work areas.

Key Highlights

  • Commercial office building built in 1985 with approximately 1,400 SF of flexible workspace
  • Interior includes two private offices, a spacious conference room, and an open area currently set up for 11 cubicles
  • Two half bathrooms plus a kitchenette with refrigerator, sink, and countertop

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 $41.8k $30.00
− Vacancy −$13.4k −$9.60
EGI $28.4k $20.40
− OpEx −$7.1k −$5.10
NOI $21.3k $15.30
1,392 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$304.3K
$266.2K – $355.0K (±1% cap)
NOI $21,298 @ 7.0% cap · market cap 3.28%
Second Best
Healthcare Medical
$296.1K
$259.1K – $345.4K (±1% cap)
NOI $20,726 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$363.5K
$318.1K – $424.1K (±1% cap)
NOI $25,444 @ 7.0% cap · market cap 3.91%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Monroe Comprehensive Medical ... Alternative Medicine Practice

Suggested Use

Law Firm Real Estate Agency Spa & Massage Center Hair Salon Parking Lot & Garage Big Box & Wholesale Store Daycare Center HVAC Service Building Supply Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Bright office building with two private offices, a conference room, kitchenette, and nine dedicated parking spaces.
Where is this office building located?
The property is located at 320 Spotswood Englishtown Road Monroe, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Commercial office building built in 1985 with approximately 1,400 SF of flexible workspace; Interior includes two private offices, a spacious conference room, and an open area currently set up for 11 cubicles; Two half bathrooms plus a kitchenette with refrigerator, sink, and countertop
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