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    1628 Nj-27 North Brunswick Township, NJ 08902

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    For Sale
    Contact for pricing

    20,000 SF Assisted Living Facility

    Property size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20,000 square foot assisted living facility, located at 1628 State Route 27 in North Brunswick Township, Middlesex County, New Jersey (zip code 08902), presents a unique investment opportunity. The property sits on approximately 2.2 acres (Block 18.02, Lot 61) and is zoned R2. The fully furnished and licensed facility boasts 23 rooms with 27 beds (including two doubles), each suite equipped with a full bathroom, kitchen (refrigerator, freezer, and microwave), private patio, ample closet space, cable TV, and nurse call pendants. Amenities include a full-service kitchen and dining facilities, hair salon, library, laundry room, nursing station, and recreation room. A natural gas generator ensures reliable power, and a comprehensive security system is in place. The building adheres to all New Jersey Department of Community Affairs (DCA) construction codes for nursing homes. Annual property taxes for 2023 were $122,137.86. This turnkey operation offers immediate income potential and significant long-term growth prospects. The property's prime location and extensive features make it an attractive investment for discerning buyers.

    Property Features for 1628 Nj-27

    General Information

    Property type
    Retail properties
    Square Feet
    20,000 SF
    Lot Size
    95,832 SF

    HighLights

    • 23‑room building with 27 beds (including 2 doubles).
    • Each suite includes a private bathroom, kitchenette (refrigerator, freezer, microwave), patio, closet, cable TV, and nurse call system.
    • On‑site natural gas generator.
    • Amenities include a full‑service kitchen & dining area, hair salon, library, laundry room, nursing station, and recreation room.
    • Equipped with a security system.
    • Situated on a ±2.2‑acre lot (Block 18.02, Lot 61).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    North Brunswick Township
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.49859
    Latitude
    40.466073

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    FAQs

    What type of property is this?
    Retail property - 20,000 SF Assisted Living Facility
    Where is this retail property located?
    The property is located at 1628 Nj-27 North Brunswick Township, NJ.
    What are key features of this property?
    This property features: 23-room building with 27 beds (including 2 doubles).; Each suite includes a private bathroom, kitchenette (refrigerator, freezer, microwave), patio, closet, cable TV, and nurse call system.; On-site natural gas generator.
    (973) 379-6644
    Request Owner's contact information
    1628 Nj-27 North Brunswick Township, NJ 08902
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1628 Nj-27 North Brunswick Township, NJ 08902
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