37 Progress Street, Edison, NJ 08820
- Added:
- Feb 16, 2026
- Days on Market:
- 132
- Last Refresh:
- Jun 28 at 6:06 pm
Property Features for 37 Progress Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- RI
- Parking
- 80
- Parking features
- On Street, Parking Lot
- Interior features
- Carpeting, Dropped Ceiling, Elevator
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active
- APN
- 0500412010001801C0012
- Size
- 5,815 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 36482
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1984
- Floors in Building
- 1
- Flooring type
- Elevator, Carpet, Dropped ceiling
- Building materials
- Brick
Listing agent Poonacha Bollera (866) 201-6210
Listing office EXP REALTY, LLC 28 VALLEY RD SUITE 1, Montclair, NJ (866) 201-6210
Listing date Feb 16, 2026
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.
HighLights
- Brick construction
- Built in 1984
- Central air conditioning and forced‑air heating
- On‑site elevator with accessibility features (accessible elevator installed)
- Public water and public sewer
- Parking available with a parking lot and on‑street parking
Overview
The property is located at 37 Progress Street in Edison, New Jersey 08820, in Middlesex County. As a single building offering on its own parcel, it offers a direct ownership structure for parties seeking a manageable footprint in a defined location.
Given the building size and office-oriented use implied by the property type, this is a practical consideration for owner-occupants and small businesses evaluating an owned workspace in Edison. Buyers should review RI zoning and confirm permitted uses and any site-specific requirements with the appropriate local authorities as part of their due diligence.
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 | $153.5k | $26.40 |
| − Vacancy | −$26.9k | −$4.62 |
| EGI | $126.7k | $21.78 |
| − OpEx | −$31.7k | −$5.44 |
| NOI | $95.0k | $16.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Edison
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.3567782
- Latitude
- 40.5976855
