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    561-53 East Brunswick, NJ 08816

    For Sale
    $130,000

    Prime Medical Space, Updated, 915 sq ft

    Property size:
    915 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 915-square-foot medical office condo, located at 561-53 Cranbury Road in East Brunswick, New Jersey, presents a unique investment opportunity. Priced at $130,000, this property is situated within a modern medical condominium complex, conveniently located in the heart of East Brunswick. The building features ample parking with 10 spaces and a large elevator, ensuring easy accessibility for patients and staff. Suite E boasts a thoughtfully designed layout, including two private offices, a welcoming waiting room, a reception area, and a recently updated restroom. The entire space has been recently painted, creating a fresh and professional atmosphere ideal for medical practices. Built in 1988, this three-story building is privately owned and offers a total of 915 net rentable square feet. The property is designated for medical use only and provides a conducive environment for a variety of medical professionals. This is a rare opportunity to acquire a move-in ready medical office condo in a thriving East Brunswick location. The property's convenient location, ample parking, and modern amenities make it an attractive option for medical practitioners seeking a well-established and accessible practice space. The zip code is 08816.

    Property Features for 0 561-53

    General Information

    Property type
    Land
    Square Feet
    915 SF

    Building Details

    Year Built
    1988
    Stories
    3

    HighLights

    • $130,000 asking price for 915 SF of commercial land.
    • Located at 561 Cranbury Road, East Brunswick, NJ 08816.
    • Property type: Commercial Land; Year Built: 1988; 3 stories; 10 parking spaces.
    • Suitable for medical use only. Recently renovated with two private offices, waiting room, reception area, and restroom.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    East Brunswick
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4115246
    Latitude
    40.4333407

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    FAQs

    What type of property is this?
    Land - Prime Medical Space, Updated, 915 sq ft
    Where is this land located?
    The property is located at 561-53 East Brunswick, NJ.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: $130,000 asking price for 915 SF of commercial land.; Located at 561 Cranbury Road, East Brunswick, NJ 08816.; Property type: Commercial Land; Year Built: 1988; 3 stories; 10 parking spaces.
    Request Owner's contact information
    561-53 East Brunswick, NJ 08816
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    East Brunswick, NJ 08816
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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
    561-53 East Brunswick, NJ 08816
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