Storefront with Finished
For Sale
$730,000
505 State Route 18, East Brunswick, NJ 08816
Commercial Sale, East Brunswick, NJ
Property Size1,744 SF
Lot Size0.22 Acres
Price / SF$418.58
Days on Market211
Property Features for 505 State Route 18
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HC2
Parking
10
Interior features
Refrigeration
Appliances
Refrigeration
Lot features
Corner Lot, Highway Commercial, Highway Location
Standard status
Active
APN
04000580100014
Size
1,744 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
8572
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Other (Heating), Radiant
Cooling system
Central Air
Water source
Public
Amenities
private parking lot
fully finished basement
updated bathroom
newer powder room
updated parking lot lighting and marquee
Building Details
Year built
1935
Floors in Building
2
Flooring type
Laminate, Carpet, Tile - Ceramic, Tile
Building materials
Brick
Roof type
Asphalt
Buildings
1
Listing Agency:
ORANGE KEY REALTY, INC.
(732) 297-6969
Listed By:
Helena Yousefzadeh
(516) 348-3922
Added: Apr 9
Changed: Oct 23
Last Checked: Nov 5 at 10:06AM
MLS# 2613297R
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.
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Investment Insights
Based on property information with market context.
This brick storefront contains 1,744 square feet on a 0.2152-acre lot. The first floor has five private rooms and an updated bathroom; the second level adds three rooms and a full bath. A finished basement includes new flooring, a sink, and an eating area. Interior finishes include ceramic tile, laminate, and carpet, with central air and radiant and hot-water heating. HC2 zoning is identified for the property.
The address is 505 State Route 18 in East Brunswick. A private parking lot accommodates up to 10 vehicles. Improvements include a newer roof and gutters, mostly updated windows, first-floor doors, and a powder room updated in 2020. Parking lot lighting and the marquee were updated in 2021. Crawl-space insulation and vapor barriers were replaced in 2016, and second-floor radiator covers were added in 2017. The property has public water and public sewer.
The address is 505 State Route 18 in East Brunswick. A private parking lot accommodates up to 10 vehicles. Improvements include a newer roof and gutters, mostly updated windows, first-floor doors, and a powder room updated in 2020. Parking lot lighting and the marquee were updated in 2021. Crawl-space insulation and vapor barriers were replaced in 2016, and second-floor radiator covers were added in 2017. The property has public water and public sewer.
Key Highlights
- 1,744 square feet on a 0.2152‑acre lot
- Five private rooms and an updated bathroom on the first floor
- Second floor has 3 rooms and a full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,683
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,660
$533.7K
Cap Rate 7%
$381,186
$381.2K
Cap Rate 9%
$296,478
$296.5K
Market Conditions
NOI Build-Up for 1,744 SF
Gross rent
$52.3K $30.00/SF
− Vacancy
−$16.7K −$9.60/SF
EGI
$35.6K $20.40/SF
− OpEx
−$8.9K −$5.10/SF
NOI
$26.7K $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%
$533,660
Cap Rate 7%
$381,186
Cap Rate 9%
$296,478
Alternative Uses
Best Use
Office B
$381.2K
$333.5K – $444.7K
NOI $26,683 @ 7.0% cap · market cap 3.66%
Second Best
Retail
$355.6K
$311.2K – $414.9K
NOI $24,893 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$455.4K
$398.5K – $531.3K
NOI $31,878 @ 7.0% cap · market cap 4.37%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 08816, NJ
48,729
Population
17,242
Households
2.8
Avg Household Size
42
Median Age
58%
College-Educated
94%
High-School Grad
20.2 sq mi
ZIP Area
2,412
Density / Sq Mi
$141,731
Median Household Income
$71,111
Median Earnings
$2,079
Median Rent
$502,600
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Stop & Shop Florist — 121 Summerhill Rd, East Brunswick, NJ 08816
- Always and Forever Flowers LLC — 592 NJ-18, East Brunswick, NJ 08816
- Main Street Florist And Gifts,Inc. — 181 Main St, South River, NJ 08882
Frequently Asked Questions
What type of property is this?
Storefront property - Two levels of rooms and a finished basement provide flexible interior space for retail or office functions.
Where is this storefront property located?
The property is located at 505 State Route 18 East Brunswick, NJ.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: 1,744 square feet on a 0.2152‑acre lot; Five private rooms and an updated bathroom on the first floor; Second floor has 3 rooms and a full bath
