Renovated Office
For Sale
Contact for pricing
894 Green St D3, Iselin, NJ 08830
Private professional suite with conference rooms, workstations, dedicated entry, and access to ample parking.
Property Size3,600 SF
Price / SF$0.86
Days on Market49
Property Features for 894 Green St D3
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Public Transit
Yes
Amenities
private entrance
modern bathroom
conference rooms
24/7 access
ample parking
Building Details
Building Size
3,600 SF
Year Built
1984
Stories
2
Construction
brick
Tenancy
Multi
Listing Agency:
Keller Williams Elite, Realtors
Listed By:
MAHESH SWALI
(908) 872-0187
Source:
Elliman
Added: Sep 18
Changed: Oct 30
Last Checked: Nov 4 at 1:50PM
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 Keller Williams Elite, Realtors
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Investment Insights
Based on property information with market context.
This 900 SF office suite occupies part of a freestanding brick building built in 1984 and recently renovated with marble, granite, and soft neutral flooring. The private suite includes its own entrance, modern bathroom, two large conference rooms, and an open area that can accommodate several workstations. Windows provide natural light throughout the workspace.
The property provides 24/7 access without after-hours charges and ample parking. It is positioned near Route 1, the NJ Turnpike, Garden State Parkway, Woodbridge Mall, and the Metropark submarket, with nearby bus service connecting to the Metropark Bus Loop and Woodbridge Mall. The suite may be leased separately or combined with another suite, subject to qualifications.
The property provides 24/7 access without after-hours charges and ample parking. It is positioned near Route 1, the NJ Turnpike, Garden State Parkway, Woodbridge Mall, and the Metropark submarket, with nearby bus service connecting to the Metropark Bus Loop and Woodbridge Mall. The suite may be leased separately or combined with another suite, subject to qualifications.
Key Highlights
- 900 SF private office suite
- Two large conference rooms plus open workstation area
- Recently renovated freestanding brick building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,770
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,400
$275.4K
Cap Rate 7%
$196,714
$196.7K
Cap Rate 9%
$153,000
$153.0K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$27.0K $30.00/SF
− Vacancy
−$8.6K −$9.60/SF
EGI
$18.4K $20.40/SF
− OpEx
−$4.6K −$5.10/SF
NOI
$13.8K $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%
$275,400
Cap Rate 7%
$196,714
Cap Rate 9%
$153,000
Alternative Uses
Best Use
Office B
$196.7K
$172.1K – $229.5K
NOI $13,770 @ 7.0% cap · market cap 1,776.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$235.0K
$205.6K – $274.2K
NOI $16,451 @ 7.0% cap · market cap 2,122.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
893
Businesses Nearby
Explore this area
Business Placement
Demographics for 08830, NJ
20,088
Population
6,618
Households
3
Avg Household Size
39
Median Age
55%
College-Educated
89%
High-School Grad
3.2 sq mi
ZIP Area
6,278
Density / Sq Mi
$112,615
Median Household Income
$61,805
Median Earnings
$2,051
Median Rent
$394,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Private professional suite with conference rooms, workstations, dedicated entry, and access to ample parking.
Where is this office unit located?
The property is located at 894 Green St D3 Iselin, NJ.
What are key features of this property?
This property features: 900 SF private office suite; Two large conference rooms plus open workstation area; Recently renovated freestanding brick building
