Listing Agency: FORST & CREAN REALTY GROUP LLC

Listed By: PATRICK CREAN 908-508-0333 Show Phone

Source: Brentsellsnj

Added: Oct 28 Changed: Nov 3 Last Checked: Nov 3 at 2:36PM

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Investment Insights

Based on property information with market context.

A compact office suite is offered within a shared workspace, with use of a kitchen and conference room. Secured entry serves both the office area and the building, and garage parking is attached to the property.

The property is at 391 Springfield in Berkeley Heights Township, New Jersey.

Key Highlights

• Shared workspace with access to a conference room
• Kitchen available to occupants
• Secured access to the office and building

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Dr. Nivedita Alla Physician Dr. Olumuyiwa A. Ibikunle, ... Physician James F. Andrews, ... Accounting Firm RMJR Tax and Accounting Tax Preparation Integrand Software, Inc. (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Parking Lot & Garage Auto Parts Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

727

Businesses Nearby

Explore this area Business Placement

Demographics for 07922, NJ

12,311

Population

4,474

Households

2.8

Avg Household Size

44

Median Age

73%

College-Educated

98%

High-School Grad

5.6 sq mi

ZIP Area

2,198

Density / Sq Mi

$179,006

Median Household Income

$107,844

Median Earnings

$1,986

Median Rent

$697,000

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Coworking space - Shared office workspace includes kitchen access and attached garage parking.

Where is this coworking space located?

The property is located at 391 Springfield Berkeley Heights, NJ.

What are key features of this property?

This property features: Shared workspace with access to a conference room; Kitchen available to occupants; Secured access to the office and building