Private Office
For Sale
Contact for pricing
894 Green Street D2, Iselin, NJ 08830
Six windows and a shared bathroom serve the workspace, with one parking space included.
Property Size3,600 SF
Price / SF$0.22
Days on Market33
Property Features for 894 Green Street D2
General Information
Standard status
Active
Size
3,600 SF
Total Parking Spaces
1
Site & Location
Highway Access
Yes
Public Transit
Yes
Amenities
shared bathroom
24/7 access
Building Details
Year Built
1984
Construction
brick
Listing Agency:
KELLER WILLIAMS ELITE REALTORS
Listed By:
MAHESH SWALI
(732) 634-7001
Source:
Thebansalteam
Added: Oct 1
Changed: Oct 26
Last Checked: Oct 7 at 1:09PM
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
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 private office suite is in a freestanding brick building constructed in 1984. The property has undergone renovations featuring marble, granite, and neutral flooring. The suite has six windows, a shared bathroom, and one parking space.
The building provides access 24 hours a day and is near Route 1, the New Jersey Turnpike, Garden State Parkway, Woodbridge Mall, and the Metropark submarket. A bus stop serving the Metropark Bus Loop and Woodbridge Mall is also close by. Flexible lease terms are available.
The building provides access 24 hours a day and is near Route 1, the New Jersey Turnpike, Garden State Parkway, Woodbridge Mall, and the Metropark submarket. A bus stop serving the Metropark Bus Loop and Woodbridge Mall is also close by. Flexible lease terms are available.
Key Highlights
- Private office suite with 6 windows
- One car parking space included
- Access available 24/7
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,080
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,101,600
$1.1M
Cap Rate 7%
$786,857
$786.9K
Cap Rate 9%
$612,000
$612.0K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$108.0K $30.00/SF
− Vacancy
−$34.6K −$9.60/SF
EGI
$73.4K $20.40/SF
− OpEx
−$18.4K −$5.10/SF
NOI
$55.1K $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%
$1,101,600
Cap Rate 7%
$786,857
Cap Rate 9%
$612,000
Alternative Uses
Best Use
Office B
$786.9K
$688.5K – $918.0K
NOI $55,080 @ 7.0% cap · market cap 7,107.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$940.0K
$822.5K – $1.10M
NOI $65,802 @ 7.0% cap · market cap 8,490.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
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 - Six windows and a shared bathroom serve the workspace, with one parking space included.
Where is this office unit located?
The property is located at 894 Green Street D2 Iselin, NJ.
What are key features of this property?
This property features: Private office suite with 6 windows; One car parking space included; Access available 24/7
