Second-Floor Office
For Sale
$290,000
52 Bridge St, Metuchen, NJ 08840
Second-floor office suite with two offices, a waiting area, conference room, private restroom, and kitchen area.
Property Size1,000 SF
Price / SF$290
Days on Market96
Property Features for 52 Bridge St
General Information
Standard status
Active
Size
1,000 SF
Additional Details
Highway Access
Yes
Amenities
Conference Room
Waiting Area
Private Restroom
Kitchen Area
Building Details
Year Built
1989
Listing Agency:
WEICHERT CO REALTORS
Listed By:
ADAM CHU
(908) 240-2888
Source:
Mynewjerseyrealestate
Added: Jul 24
Changed: Oct 26
Last Checked: Oct 7 at 3:12PM
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 WEICHERT CO REALTORS
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Investment Insights
Based on property information with market context.
This second-floor office suite is offered in great condition and provides a functional layout for professional services. Interior features include a spacious conference room, two private offices, a waiting area, a private restroom, and a kitchen area. Furniture may be included with the lease, subject to approval.
The property is located at 52 Bridge St in Metuchen, NJ, with proximity to major regional roadways including Route 1, the GSP, the NJ Turnpike, and Route 287. Edison and Metuchen train stations are nearby, supporting convenient access for clients and staff.
Designed around meetings and client interaction, the suite supports day-to-day office operations with dedicated private rooms alongside a reception-style waiting area.
The property is located at 52 Bridge St in Metuchen, NJ, with proximity to major regional roadways including Route 1, the GSP, the NJ Turnpike, and Route 287. Edison and Metuchen train stations are nearby, supporting convenient access for clients and staff.
Designed around meetings and client interaction, the suite supports day-to-day office operations with dedicated private rooms alongside a reception-style waiting area.
Key Highlights
- Second‑floor office suite with conference room plus two offices and a waiting area
- Includes a private restroom and a kitchen area within the suite
- Furniture may be included in the lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,300
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,000
$306.0K
Cap Rate 7%
$218,571
$218.6K
Cap Rate 9%
$170,000
$170.0K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$30.0K $30.00/SF
− Vacancy
−$9.6K −$9.60/SF
EGI
$20.4K $20.40/SF
− OpEx
−$5.1K −$5.10/SF
NOI
$15.3K $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%
$306,000
Cap Rate 7%
$218,571
Cap Rate 9%
$170,000
Alternative Uses
Best Use
Office B
$218.6K
$191.3K – $255.0K
NOI $15,300 @ 7.0% cap · market cap 5.28%
Second Best
Healthcare Medical
$212.7K
$186.1K – $248.2K
NOI $14,890 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$261.1K
$228.5K – $304.6K
NOI $18,278 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
Explore this area
Business Placement
Demographics for 08840, NJ
17,841
Population
6,552
Households
2.7
Avg Household Size
42
Median Age
62%
College-Educated
95%
High-School Grad
3.2 sq mi
ZIP Area
5,575
Density / Sq Mi
$150,938
Median Household Income
$72,765
Median Earnings
$1,994
Median Rent
$517,700
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor office suite with two offices, a waiting area, conference room, private restroom, and kitchen area.
Where is this office unit located?
The property is located at 52 Bridge St Metuchen, NJ.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Second‑floor office suite with conference room plus two offices and a waiting area; Includes a private restroom and a kitchen area within the suite; Furniture may be included in the lease
