Updated Second-Floor Office
For Sale
Contact for pricing
44 N Main St N Unit 2, Milltown, NJ 08850
Second-floor office suite with private offices, conference room, and updated kitchen and bath, plus off-street parking for six.
Property Size2,323 SF
Price / SF$1.72
Days on Market98
Property Features for 44 N Main St N Unit 2
General Information
Standard status
Active
Size
2,323 SF
Total Parking Spaces
6
Additional Details
Highway Access
Yes
Listing Agency:
RE/MAX COUNTRY
Listed By:
FRANK CALANDRUCCIO · License #NJ0998052276
(732) 762-1710
Source:
Mynewjerseyrealestate
Added: Jul 10
Changed: Oct 8
Last Checked: Oct 7 at 4:28PM
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 RE/MAX COUNTRY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This updated second-floor office suite offers modern finishings and a functional layout for day-to-day operations. The suite includes five private offices, two reception areas, a conference room, an updated bath, a kitchen/break room, and a large bullpen area.
Off-street parking is available for six vehicles. The property is conveniently located near major highways and transportation to NYC.
Available September 1, the space totals approximately 2,323 square feet and is configured to support both client-facing areas and team work zones.
Off-street parking is available for six vehicles. The property is conveniently located near major highways and transportation to NYC.
Available September 1, the space totals approximately 2,323 square feet and is configured to support both client-facing areas and team work zones.
Key Highlights
- 2300+ SF second‑floor office suite with updated modern finishings
- Includes 5 private offices, two reception areas, and a conference room
- Large bullpen area provides additional open workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,542
Suggested Prices Based on Cap Rates
Cap Rate 5%
$710,840
$710.8K
Cap Rate 7%
$507,743
$507.7K
Cap Rate 9%
$394,911
$394.9K
Market Conditions
NOI Build-Up for 2,323 SF
Gross rent
$69.7K $30.00/SF
− Vacancy
−$22.3K −$9.60/SF
EGI
$47.4K $20.40/SF
− OpEx
−$11.8K −$5.10/SF
NOI
$35.5K $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%
$710,840
Cap Rate 7%
$507,743
Cap Rate 9%
$394,911
Alternative Uses
Best Use
Office B
$507.7K
$444.3K – $592.4K
NOI $35,542 @ 7.0% cap · market cap 888.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$606.6K
$530.8K – $707.7K
NOI $42,461 @ 7.0% cap · market cap 1,061.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
441
Businesses Nearby
Explore this area
Business Placement
Demographics for 08850, NJ
8,325
Population
3,165
Households
2.6
Avg Household Size
42
Median Age
46%
College-Educated
96%
High-School Grad
2.3 sq mi
ZIP Area
3,620
Density / Sq Mi
$127,331
Median Household Income
$60,938
Median Earnings
$1,520
Median Rent
$436,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Second-floor office suite with private offices, conference room, and updated kitchen and bath, plus off-street parking for six.
Where is this office units located?
The property is located at 44 N Main St N Unit 2 Milltown, NJ.
What are key features of this property?
This property features: 2300+ SF second‑floor office suite with updated modern finishings; Includes 5 private offices, two reception areas, and a conference room; Large bullpen area provides additional open workspace
