Single-Story Office
For Sale
Contact for pricing
4020 Mercerville Quakerbridge Rd, Trenton, NJ 08648
Configured with private offices, open workspace, a conference room, and two bathrooms.
Property Size3,500 SF
Lot Size0.68 Acres
Price / SF$199.71
Days on Market62
Property Features for 4020 Mercerville Quakerbridge Rd
General Information
Standard status
Active
Size
3,500 SF
Total Parking Spaces
17
Lot size
0.68 Acres
Property subtype
OFFICE
Zoning
NC-2
Site & Location
Road Access
Yes
Utilities to Site
Yes
Amenities
conference room
kitchen
Building Details
Buildings
1
Stories
1
Construction
brick
Listing Agency:
Fennelly Associates
(609) 306-3158
Listed By:
Gerard J. Fennelly
(609) 306-3158
Source:
Moodyscre
Added: Jul 1
Changed: Aug 30
Last Checked: Aug 30 at 10:39PM
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 Fennelly Associates
Investment Insights
Based on property information with market context.
This 3,500-square-foot, single-story office building offers six private offices, an open workspace, and a 14’ x 22’ conference room. The lower level includes a kitchen equipped with a dishwasher, refrigerator, and double sink, along with two bathrooms. Brick construction, two HVAC units, well water, and city sewer serve the property. The layout also supports office, retail, medical, or showroom use.
Situated along Quakerbridge Road at 4020 Mercerville Quakerbridge Rd, the property has 127’ of frontage and a reported daily traffic count of 25,000 cars. The 0.68-acre lot provides parking for 17 cars and is zoned NC-2 Neighborhood Center.
Situated along Quakerbridge Road at 4020 Mercerville Quakerbridge Rd, the property has 127’ of frontage and a reported daily traffic count of 25,000 cars. The 0.68-acre lot provides parking for 17 cars and is zoned NC-2 Neighborhood Center.
Key Highlights
- 3,500 SF single‑story office building with six private offices and open workspace
- 14’ x 22’ conference room plus two bathrooms
- Lower‑level kitchen with dishwasher, refrigerator, and double sink
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,602
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$972,040
$972.0K
Cap Rate 7%
$694,314
$694.3K
Cap Rate 9%
$540,022
$540.0K
Market Conditions
NOI Build-Up for 3,500 SF
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.
Gross rent
$103.3K $29.52/SF
− Vacancy
−$22.3K −$6.38/SF
EGI
$81.0K $23.14/SF
− OpEx
−$32.4K −$9.26/SF
NOI
$48.6K $13.89/SF
Area
Mercer County, NJ
Vacancy
21.60%
Lease Rate
$29.52 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$972,040
Cap Rate 7%
$694,314
Cap Rate 9%
$540,022
Alternative Uses
Best Use
Healthcare Medical
$694.3K
$607.5K – $810.0K
NOI $48,602 @ 7.0% cap · market cap 6.95%
Second Best
Office B
$448.6K
$392.5K – $523.3K
NOI $31,399 @ 7.0% cap · market cap 4.49%
Theoretical Best
Warehouse
$1.13M
$985.3K – $1.31M
NOI $78,826 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,117
Businesses Nearby
Explore this area
Business Placement
Demographics for 08648, NJ
31,955
Population
12,217
Households
2.6
Avg Household Size
40
Median Age
60%
College-Educated
92%
High-School Grad
16.7 sq mi
ZIP Area
1,913
Density / Sq Mi
$118,036
Median Household Income
$54,833
Median Earnings
$1,953
Median Rent
$395,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Configured with private offices, open workspace, a conference room, and two bathrooms.
Where is this office building located?
The property is located at 4020 Mercerville Quakerbridge Rd Trenton, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 3,500 SF single‑story office building with six private offices and open workspace; 14’ x 22’ conference room plus two bathrooms; Lower‑level kitchen with dishwasher, refrigerator, and double sink
