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First-Floor Office Condo with Reception
For Sale
$200,000

4105 Us Highway 1 Route, South Brunswick, NJ 08852

COMMERCIAL - South Brunswick, NJ

Property Size1,046 SF
Price / SF$191.20
Days on Market128

Property Features for 4105 Us Highway 1 Route

General Information

Property type Commercial Sale
Property subtype Other
Zoning OP
Parking 62
Lot features Highway Commercial, Highway Location
Directions Route 1 Wynwood Office Plaza
Standard status Active
APN 2100096000001031
Size 1,046 SF

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3812

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 1983
Floors in Building 1
Flooring type Carpet, Tile
Building materials Vinyl Siding
Listing Agency: DAVIS REALTORS
Listed By: Jonathan Benowitz
Added: Apr 8 Changed: Aug 4 Last Checked: Aug 13 at 7:06AM
MLS# 2613587R

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.

Investment Insights

Based on property information with market context.

First-floor professional/medical office condo at Wynwood Office Plaza offering a reception and waiting area, four private offices or exam rooms, and a private restroom. The suite features tile and carpet flooring and is cooled with central air.

Located along Route 1 in the Monmouth Junction section of South Brunswick, the office is positioned for strong visibility and convenient access. Route 130 and Route 27 provide connectivity to the New Brunswick and Princeton corridors.

Built in 1983, the property is served by public water and public sewer. The exterior is constructed with vinyl siding, supporting a straightforward, service-oriented office setup for medical practitioners or other professional owner-users. Zoning is OP.

Key Highlights

  • 1,046 SF first‑floor professional/medical office condo at Wynwood Office Plaza
  • Reception and waiting area plus four private offices or exam rooms
  • Private restroom within the suite

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
$16,004
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
8.00%
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%
$320,080 $320.1K
Cap Rate 7%
$228,629 $228.6K
Cap Rate 9%
$177,822 $177.8K
Market Conditions
NOI Build-Up for 1,046 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
$31.4K $30.00/SF
− Vacancy
−$10.0K −$9.60/SF
EGI
$21.3K $20.40/SF
− OpEx
−$5.3K −$5.10/SF
NOI
$16.0K $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 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%
$320,080
Cap Rate 7%
$228,629
Cap Rate 9%
$177,822

Alternative Uses

Best Use
Office B
$228.6K
$200.1K – $266.7K (±1% cap)
NOI $16,004 @ 7.0% cap · market cap 8.00%
Second Best
Healthcare Medical
$222.5K
$194.7K – $259.6K (±1% cap)
NOI $15,575 @ 7.0% cap · market cap 7.79%
Theoretical Best
Office A
$273.1K
$239.0K – $318.7K (±1% cap)
NOI $19,119 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Location Intelligence

Trade Area within ½ mile

152
Businesses Nearby

Demographics for 08852, NJ

18,956
Population
6,721
Households
2.8
Avg Household Size
39
Median Age
65%
College-Educated
94%
High-School Grad
13.3 sq mi
ZIP Area
1,425
Density / Sq Mi
$121,771
Median Household Income
$72,679
Median Earnings
$1,897
Median Rent
$489,100
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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - First-floor professional/medical office condo in Wynwood Office Plaza with reception, four private offices or exam rooms, and central air.
Where is this office units located?
The property is located at 4105 Us Highway 1 Route South Brunswick, NJ.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: 1,046 SF first‑floor professional/medical office condo at Wynwood Office Plaza; Reception and waiting area plus four private offices or exam rooms; Private restroom within the suite
More about this property
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