401 Us Highway 202 Raritan, NJ 08869
12,000 SF commercial building with showroom/office, high visibility location.
- Added:
- Sep 19, 2025
- Days on Market:
- 295
- Last Refresh:
- Apr 5 at 8:26 pm
Property Features for 401 Us Highway 202
General Information
- Standard status
- Active
- Size
- 12,000 SF
- Lot size
- 0.36 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing office BHHS FOX & ROACH (732) 469-1515
Listing date Sep 19, 2025
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of BHHS FOX & ROACH
Investment Insights
Based on property information with market context.
Key Highlights
- 12,000 SF Commercial Building available.
- High Visibility Location Near Somerville Circle (Over 50,000 Vehicles Per Day).
- Features Six (6) Overhead Doors and Tailboard.
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 | $360.0k | $30.00 |
| − Vacancy | −$115.2k | −$9.60 |
| EGI | $244.8k | $20.40 |
| − OpEx | −$61.2k | −$5.10 |
| NOI | $183.6k | $15.30 |
Alternative Uses
Property Analytics
Current Use by Public Records
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