Second-Floor Office
For Sale
Contact for pricing
4-22 Old Matawan Road, Old Bridge, NJ 08857
Approximate 325-square-foot office suite on the second story of Riverside Plaza with ample on-site parking.
Property Size8,000 SF
Price / SF$0.06
Days on Market105
Property Features for 4-22 Old Matawan Road
General Information
Standard status
Active
Size
8,000 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$12,426
Listing Agency:
KELLER WILLIAMS WEST MONMOUTH
(732) 536-9010
Listed By:
MARK J. KRUPNICK · License #7852219
(732) 691-5653
Source:
Exprealty
Added: Jul 8
Changed: Oct 5
Last Checked: Oct 19 at 7:46AM
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 WEST MONMOUTH
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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 second-floor office suite is located within Riverside Plaza and is approximately 325 square feet. The space is described as economical office accommodation, with all utilities and services included.
The property is presented as easily accessible and situated in a high-visibility area near Route 18, on Old Matawan Road.
On-site parking is available for occupants and visitors. The offering is for sale, and appointments are available to view the suite.
The property is presented as easily accessible and situated in a high-visibility area near Route 18, on Old Matawan Road.
On-site parking is available for occupants and visitors. The offering is for sale, and appointments are available to view the suite.
Key Highlights
- Approximately 325 sq ft office suite on the second story of Riverside Plaza
- Includes all utilities and services in the low monthly lease price
- Located in a high‑visibility area near Route 18 on Old Matawan Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,400
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,448,000
$2.4M
Cap Rate 7%
$1,748,571
$1.7M
Cap Rate 9%
$1,360,000
$1.4M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$240.0K $30.00/SF
− Vacancy
−$76.8K −$9.60/SF
EGI
$163.2K $20.40/SF
− OpEx
−$40.8K −$5.10/SF
NOI
$122.4K $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%
$2,448,000
Cap Rate 7%
$1,748,571
Cap Rate 9%
$1,360,000
Alternative Uses
Best Use
Office B
$1.75M
$1.53M – $2.04M
NOI $122,400 @ 7.0% cap · market cap 24,727.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,227 @ 7.0% cap · market cap 29,540.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Explore this area
Business Placement
Demographics for 08857, NJ
40,675
Population
16,241
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
24.0 sq mi
ZIP Area
1,695
Density / Sq Mi
$101,192
Median Household Income
$59,028
Median Earnings
$1,462
Median Rent
$459,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Approximate 325-square-foot office suite on the second story of Riverside Plaza with ample on-site parking.
Where is this office unit located?
The property is located at 4-22 Old Matawan Road Old Bridge, NJ.
What are key features of this property?
This property features: Approximately 325 sq ft office suite on the second story of Riverside Plaza; Includes all utilities and services in the low monthly lease price; Located in a high‑visibility area near Route 18 on Old Matawan Road
