Furnished Office
New
For Sale
Contact for pricing
5-1215 Livingston Avenue, North Brunswick, NJ 08902
Four private offices and an open workstation area provide an established professional layout.
Property Size1,060 SF
Price / SF$1.84
Days on Market4
Property Features for 5-1215 Livingston Avenue
General Information
Standard status
Active
Size
1,060 SF
Space & Availability
Condition
Move-in Ready
Furnished
Yes
Additional Details
Public Transit
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$1.00
Listing Agency:
DAVIS REALTORS
(732) 254-6700
Listed By:
JONATHAN BENOWITZ
(732) 881-1414
Source:
Exprealty
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 3:52PM
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 DAVIS REALTORS
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 1,060-square-foot office suite is furnished and arranged with four private offices plus an open area for multiple workstations. A building directory and pylon signage are available for identification along Livingston Avenue.
The property is on Livingston Avenue in North Brunswick, where approximately 20,000 vehicles pass daily. Route 1, Route 130, and the Jersey Avenue train station are nearby, along with restaurants, retailers, and other amenities.
The property is on Livingston Avenue in North Brunswick, where approximately 20,000 vehicles pass daily. Route 1, Route 130, and the Jersey Avenue train station are nearby, along with restaurants, retailers, and other amenities.
Key Highlights
- 1,060 SF of furnished office space
- Four private offices and an open area for multiple workstations
- Approximately 20,000 vehicles pass daily on Livingston Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,218
Suggested Prices Based on Cap Rates
Cap Rate 5%
$324,360
$324.4K
Cap Rate 7%
$231,686
$231.7K
Cap Rate 9%
$180,200
$180.2K
Market Conditions
NOI Build-Up for 1,060 SF
Gross rent
$31.8K $30.00/SF
− Vacancy
−$10.2K −$9.60/SF
EGI
$21.6K $20.40/SF
− OpEx
−$5.4K −$5.10/SF
NOI
$16.2K $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%
$324,360
Cap Rate 7%
$231,686
Cap Rate 9%
$180,200
Alternative Uses
Best Use
Office B
$231.7K
$202.7K – $270.3K
NOI $16,218 @ 7.0% cap · market cap 831.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$276.8K
$242.2K – $322.9K
NOI $19,375 @ 7.0% cap · market cap 993.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,439
Businesses Nearby
Explore this area
Business Placement
Demographics for 08902, NJ
43,296
Population
15,892
Households
2.7
Avg Household Size
38
Median Age
45%
College-Educated
87%
High-School Grad
13.2 sq mi
ZIP Area
3,280
Density / Sq Mi
$117,671
Median Household Income
$57,880
Median Earnings
$2,055
Median Rent
$402,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Four private offices and an open workstation area provide an established professional layout.
Where is this office unit located?
The property is located at 5-1215 Livingston Avenue North Brunswick, NJ.
What are key features of this property?
This property features: 1,060 SF of furnished office space; Four private offices and an open area for multiple workstations; Approximately 20,000 vehicles pass daily on Livingston Avenue
