Freestanding Building on Route
345 US-202 Bedminster, NJ 07921
345 US-202, Bedminster, NJ, 07921
Contact for pricing
For Sale
Contact for pricing
2500 SF professional building in Bedminster, NJ for sale.
Property Size2,500 SF
Price / SF$239.60
Days on Market800
Property Features for 345 US-202
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Office
Listing Agency
Deluccia Commercial Group/Berkshire Hathway Fox & Roach Realtors.
Listed by
Tim Deluccia · License #8243435
Source
Crexi
Added: May 13, 2024 Updated: Jul 10 at 3:41 pm Checked: Jul 19 at 6:31 am
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 Deluccia Commercial Group/Berkshire Hathway Fox & Roach Realtors.
Investment Insights
Based on property information with market context.
This is a freestanding 2500 SF professional building situated on Route 202/206 in Bedminster, New Jersey. The property, formerly a real estate office, features private offices, a conference room, a bullpen area, two bathrooms, and a kitchenette. It is located in a VN Village Neighborhood zoning district, which permits multiple principle uses including medical offices, retail sales, banks, and restaurants. The property benefits from private off-street parking, high visibility, a high traffic count, and a prominent sign location.
Key Highlights
- High visibility location on Route 202/206 in Bedminster, NJ.
- 2500 SF free‑standing professional building.
- VN Village Neighborhood Zoning allows for multiple permitted uses (medical, retail, banks, restaurants, etc.).
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 | $75.0k | $30.00 |
| − Vacancy | −$24.0k | −$9.60 |
| EGI | $51.0k | $20.40 |
| − OpEx | −$12.8k | −$5.10 |
| NOI | $38.3k | $15.30 |
2,500 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$546.4K
$478.1K – $637.5K
NOI $38,250 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$652.8K
$571.2K – $761.6K
NOI $45,696 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - 2500 SF professional building in Bedminster, NJ for sale.
Where is this office building located?
The property is located at 345 US-202 Bedminster, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: High visibility location on Route 202/206 in Bedminster, NJ.; 2500 SF free‑standing professional building.; VN Village Neighborhood Zoning allows for multiple permitted uses (medical, retail, banks, restaurants, etc.).
