Office Condominium Corner
51-51 Brunswick Woods Dr East Brunswick, NJ 08816
51-51 Brunswick Woods Dr, East Brunswick, NJ, 08816
$219,900
For Sale
$219,900
End-location office condo with three-sided exposure, built-out offices, reception, and ample on-site parking.
Property Size1,125 SF
Price / SF$195.47
Days on Market188
Property Features for 51-51 Brunswick Woods Dr
General Information
- Standard status
- Active
- Size
- 1,125 SF
Listing Agency
NEW JERSEY FIRST REALTY LLC
(732) 967-0700
Listed by
NICHOLAS ANTIPIN · License #8638668
Source
Exprealty
Added: Jan 14 Updated: Jul 10 at 2:12 pm Checked: Jul 20 at 7:09 am
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 NEW JERSEY FIRST REALTY LLC
Investment Insights
Based on property information with market context.
This office condominium features an end location with three-sided exposure and a corner configuration for strong visibility within the complex. The unit is built out with three offices, a reception area, and a waiting room, creating a functional layout for client-facing teams. A full basement is included for storage or other usable space.
The property is situated within a highly sought-after office complex in East Brunswick, with convenient access to major highways and county roads. It is also close to a major retail complex, which can support everyday employee and visitor needs.
For buyers seeking an office-ready, low-hassle space, the current interior configuration offers immediate functionality for administrative or professional uses. The combination of multiple private offices, a reception and waiting area, and the added basement storage makes the unit practical for organizations that need both client space and back-of-house capacity. Ample parking supports day-to-day access for staff and visitors.
The property is situated within a highly sought-after office complex in East Brunswick, with convenient access to major highways and county roads. It is also close to a major retail complex, which can support everyday employee and visitor needs.
For buyers seeking an office-ready, low-hassle space, the current interior configuration offers immediate functionality for administrative or professional uses. The combination of multiple private offices, a reception and waiting area, and the added basement storage makes the unit practical for organizations that need both client space and back-of-house capacity. Ample parking supports day-to-day access for staff and visitors.
Key Highlights
- End‑location office condominium with three‑sided exposure (corner unit with 3 sides).
- Built out with 3 offices plus a reception area and waiting room.
- Ample on‑site parking available for the unit.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.8k | $30.00 |
| − Vacancy | −$10.8k | −$9.60 |
| EGI | $23.0k | $20.40 |
| − OpEx | −$5.7k | −$5.10 |
| NOI | $17.2k | $15.30 |
1,125 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$245.9K
$215.2K – $286.9K
NOI $17,213 @ 7.0% cap · market cap 7.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$293.8K
$257.0K – $342.7K
NOI $20,563 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - End-location office condo with three-sided exposure, built-out offices, reception, and ample on-site parking.
Where is this office units located?
The property is located at 51-51 Brunswick Woods Dr East Brunswick, NJ.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: End‑location office condominium with three‑sided exposure (corner unit with 3 sides).; Built out with 3 offices plus a reception area and waiting room.; Ample on‑site parking available for the unit.
