Medical Office with Exam
333 Spotswood Englishtown Road, Monroe, NJ 08831
For Sale
$849,000
A partially finished basement provides additional space for storage, equipment, or potential workspace.
Property Size2,500 SF
Price / SF$339.60
Days on Market9
Property Features for 333 Spotswood Englishtown Road
General Information
Standard status
Size
Property subtype
Building Details
Stories
Construction
Listing Agency:
Keller Williams Shore Properties
Listed By:
Michael H Little · License #9804215
(732) 267-3980
Source:
Actionplusrealty
Added: Nov 1
Changed: Nov 8
Last Checked: Nov 8 at 6:52AM
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 Keller Williams Shore Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This medical office property at 333 Spotswood Englishtown Road in Monroe, New Jersey, has a single-level main floor with a reception area, waiting room, exam room, showroom, and multiple office possibilities. Its exterior combines stucco and stone. Recent interior updates include paint, carpeting, and recessed lighting. A partially finished full basement adds space for storage, equipment, or potential workspace.
Front and rear access, wheelchair accessibility with a ramp, and on-site parking are additional property features. The layout also includes areas suited to professional office, retail, or service-oriented operations.
Front and rear access, wheelchair accessibility with a ramp, and on-site parking are additional property features. The layout also includes areas suited to professional office, retail, or service-oriented operations.
Key Highlights
- Single‑level layout includes reception, waiting, exam, showroom, and office areas
- Partially finished full basement for storage, equipment, or potential workspace
- Stucco and stone exterior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,250
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,000
$765.0K
Cap Rate 7%
$546,429
$546.4K
Cap Rate 9%
$425,000
$425.0K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$75.0K $30.00/SF
− Vacancy
−$24.0K −$9.60/SF
EGI
$51.0K $20.40/SF
− OpEx
−$12.8K −$5.10/SF
NOI
$38.3K $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%
$765,000
Cap Rate 7%
$546,429
Cap Rate 9%
$425,000
Alternative Uses
Best Use
Office B
$546.4K
$478.1K – $637.5K
NOI $38,250 @ 7.0% cap · market cap 4.51%
Second Best
Healthcare Medical
$531.8K
$465.3K – $620.4K
NOI $37,224 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$652.8K
$571.2K – $761.6K
NOI $45,696 @ 7.0% cap · market cap 5.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
165
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08831, NJ
55,123
Population
24,898
Households
2.2
Avg Household Size
53
Median Age
51%
College-Educated
95%
High-School Grad
51.3 sq mi
ZIP Area
1,075
Density / Sq Mi
$108,741
Median Household Income
$74,340
Median Earnings
$1,872
Median Rent
$489,700
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in Monroe, NJ
Properties on Market for Medical Office Space in Monroe
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - A partially finished basement provides additional space for storage, equipment, or potential workspace.
Where is this medical office space located?
The property is located at 333 Spotswood Englishtown Road Monroe, NJ.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Single‑level layout includes reception, waiting, exam, showroom, and office areas; Partially finished full basement for storage, equipment, or potential workspace; Stucco and stone exterior
