Office Suite with Conference
New
For Sale
Contact for pricing
843 Rahway Ave 206, Woodbridge, NJ 07095
A second-floor workspace combines client reception, private offices, and a kitchenette in a renovated building.
Property Size10,312 SF
Days on Market3
Property Features for 843 Rahway Ave 206
General Information
Standard status
Active
Size
10,312 SF
Property subtype
Commercial
Additional Details
Floor
2
Public Transit
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$36,296
Amenities
conference area
private offices
kitchenette
outdoor sign
waiting/reception area
common bathrooms
Building Details
Building Size
10,312 SF
Year Built
1981
Stories
2
Listing Agency:
J.J. Elek Realty Co
Listed By:
GABRIELLE SMITH
(908) 380-9291
Source:
Elliman
Added: Oct 30
Last Checked: Nov 1 at 7:26AM
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 J.J. Elek Realty Co
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Investment Insights
Based on property information with market context.
This second-floor office suite includes a conference area, two private offices, a kitchenette, and a separate waiting and reception area. Common bathrooms serve the suite, and utilities are included. The building has been renovated and dates to 1981.
The suite is at 843 Rahway Ave in Woodbridge, New Jersey. Space is available on the outdoor sign, and the location has a Walk Score of 66, a Bike Score of 47, and a Transit Score of 38.
The suite is at 843 Rahway Ave in Woodbridge, New Jersey. Space is available on the outdoor sign, and the location has a Walk Score of 66, a Bike Score of 47, and a Transit Score of 38.
Key Highlights
- Two private offices and a conference area
- Separate waiting and reception area, plus kitchenette
- Second‑floor suite with access to common bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$157,774
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,155,480
$3.2M
Cap Rate 7%
$2,253,914
$2.3M
Cap Rate 9%
$1,753,044
$1.8M
Market Conditions
NOI Build-Up for 10,312 SF
Gross rent
$309.4K $30.00/SF
− Vacancy
−$99.0K −$9.60/SF
EGI
$210.4K $20.40/SF
− OpEx
−$52.6K −$5.10/SF
NOI
$157.8K $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%
$3,155,480
Cap Rate 7%
$2,253,914
Cap Rate 9%
$1,753,044
Alternative Uses
Best Use
Office B
$2.25M
$1.97M – $2.63M
NOI $157,774 @ 7.0% cap · market cap 19,721.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.69M
$2.36M – $3.14M
NOI $188,487 @ 7.0% cap · market cap 23,560.88%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
345
Businesses Nearby
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Business Placement
Demographics for 07095, NJ
19,839
Population
8,132
Households
2.4
Avg Household Size
39
Median Age
34%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
4,313
Density / Sq Mi
$99,718
Median Household Income
$56,988
Median Earnings
$2,077
Median Rent
$361,200
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 - A second-floor workspace combines client reception, private offices, and a kitchenette in a renovated building.
Where is this office unit located?
The property is located at 843 Rahway Ave 206 Woodbridge, NJ.
What are key features of this property?
This property features: Two private offices and a conference area; Separate waiting and reception area, plus kitchenette; Second‑floor suite with access to common bathrooms
