Medical Office
7 Brunswick Woods Drive Unit 11, East Brunswick, NJ 08816
For Sale
$350,000
The suite includes three exam rooms, a reception area, and two full bathrooms.
Property Size1,125 SF
Price / SF$311.11
Days on Market27
Property Features for 7 Brunswick Woods Drive Unit 11
General Information
Standard status
Size
Property subtype
Additional Details
Condition
Property Use
Building Details
Year Built
Listing Agency:
PARADIGM PROPERTY GROUP
Listed By:
DAVID LEVINE · License #05620422
(732) 238-9000
Source:
Actionplusrealty
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 8 at 6:53AM
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 PARADIGM PROPERTY GROUP
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 medical office condominium offers 1,125 square feet of space arranged with three exam rooms, a reception area, and two full bathrooms. The existing configuration provides a defined patient-facing area and multiple examination rooms within the suite.
Built in 1985, the unit is located at 7 Brunswick Woods Drive, Unit 11, in East Brunswick, New Jersey.
Built in 1985, the unit is located at 7 Brunswick Woods Drive, Unit 11, in East Brunswick, New Jersey.
Key Highlights
- 1,125‑square‑foot medical office condominium
- Three exam rooms and a reception area
- Two full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,213
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,260
$344.3K
Cap Rate 7%
$245,900
$245.9K
Cap Rate 9%
$191,256
$191.3K
Market Conditions
NOI Build-Up for 1,125 SF
Gross rent
$33.8K $30.00/SF
− Vacancy
−$10.8K −$9.60/SF
EGI
$23.0K $20.40/SF
− OpEx
−$5.7K −$5.10/SF
NOI
$17.2K $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%
$344,260
Cap Rate 7%
$245,900
Cap Rate 9%
$191,256
Alternative Uses
Best Use
Office B
$245.9K
$215.2K – $286.9K
NOI $17,213 @ 7.0% cap · market cap 4.92%
Second Best
Healthcare Medical
$239.3K
$209.4K – $279.2K
NOI $16,751 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$293.8K
$257.0K – $342.7K
NOI $20,563 @ 7.0% cap · market cap 5.88%
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
963
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
$502,600
Median Home Value
Market
Average Price Trend$/SF for Medical Office Space in East Brunswick, NJ
Properties on Market for Medical Office Space in East Brunswick
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - The suite includes three exam rooms, a reception area, and two full bathrooms.
Where is this medical office space located?
The property is located at 7 Brunswick Woods Drive Unit 11 East Brunswick, NJ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,125‑square‑foot medical office condominium; Three exam rooms and a reception area; Two full bathrooms
