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Office and Retail Building with Parking
For Sale
$639,900
Pending

729 State Route 18 East Brunswick, East Brunswick, NJ 08816

Two-level commercial building offers private offices, conference and open space, and highway visibility with parking for about 10 vehicles.

Property Size1,612 SF
Days on Market132

Property Features for 729 State Route 18 East Brunswick

General Information

Standard status Pending
Size 1,612 SF
Total Parking Spaces 10
Zoning HC1

Additional Details

Traffic Count 60,000 vehicles/day
Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $9,899

Amenities

East Brunswick
See Remarks
Public Sewer
Middlesex
Two
Under Contract
HC1
Central Air
Natural Gas
Forced Air
2025
1951
1612
Commercial Sale
2
Active Under Contract
Commercial
Square Feet
9899
5602
true
Near Public Transit,Near Shopping,Commercial Area,Highway Commercial
Public
0.1286
10
80.00 x 70.00

Building Details

Building Size 1,612 SF
Year Built 1951
Stories 2
Listed By: Sandra Rosa
Source: Remaxwelcomehomenj
Added: Jun 27 Changed: Oct 31 Last Checked: Oct 7 at 9:43AM

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 Sandra Rosa

Rey
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Investment Insights

Based on property information with market context.

This two-level commercial building is set up for business use, with a mix of private offices, conference and open work spaces, and restrooms. The lower level includes a fully sprinklered basement with a full bathroom. Large windows throughout support on-site branding and storefront-style advertising.

The property is located on Route 18, where it benefits from more than 60,000 passing vehicles daily. A wide parking lot runs directly behind the building and can accommodate approximately 10 vehicles.

Zoned Highway Commercial, the building supports many permitted uses, including retail or service and professional occupations. The listing also notes additional permitted categories such as music and dance studio uses, offices including insurance and brokerage, bookkeeping, and government or nonprofit use. This combination of private office space, conference areas, and flexible permitted uses can fit a range of operators looking for a compact, highway-oriented facility with dedicated on-site parking.

Key Highlights

  • Two‑level commercial building with 1,612 SF total building area
  • Highway Commercial zoning with many permitted uses including retail/service, professional offices, and studios
  • Route 18 frontage with access to visibility from more than 60,000 passing vehicles daily (per remarks)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,664
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,280 $493.3K
Cap Rate 7%
$352,343 $352.3K
Cap Rate 9%
$274,044 $274.0K
Market Conditions
NOI Build-Up for 1,612 SF
Gross rent
$48.4K $30.00/SF
− Vacancy
−$15.5K −$9.60/SF
EGI
$32.9K $20.40/SF
− OpEx
−$8.2K −$5.10/SF
NOI
$24.7K $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%
$493,280
Cap Rate 7%
$352,343
Cap Rate 9%
$274,044

Alternative Uses

Best Use
Office B
$352.3K
$308.3K – $411.1K (±1% cap)
NOI $24,664 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$420.9K
$368.3K – $491.1K (±1% cap)
NOI $29,465 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Barber Shop Storage Facility Carpet & Flooring Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

60,000 VPD
Traffic count
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

1,257
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Two-level commercial building offers private offices, conference and open space, and highway visibility with parking for about 10 vehicles.
Where is this office building located?
The property is located at 729 State Route 18 East Brunswick East Brunswick, NJ.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Two‑level commercial building with 1,612 SF total building area; Highway Commercial zoning with many permitted uses including retail/service, professional offices, and studios; Route 18 frontage with access to visibility from more than 60,000 passing vehicles daily (per remarks)
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