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    561 Cranbury Rd East Brunswick, NJ 08816

    Sponsored
    For Sale
    $799,000

    Prime Medical/Professional Office Space

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,493 square foot office condo, situated within the prestigious Surgi-Center in East Brunswick, New Jersey, presents a compelling investment or owner-occupancy opportunity. Located on Cranbury Road, this property benefits from its central position within a thriving medical and professional community. Currently divided into two suites (2,099 SF and 1,394 SF), it offers flexibility for single or dual occupancy. Suite 1, currently occupied, features an open floor plan ideal for physical therapy, along with four private offices, five bathrooms, and laundry facilities. Suite 2, vacant and available for lease at $26 per square foot plus utilities, includes a reception area, multiple private offices with sinks, a kitchenette, and a bathroom. Each suite boasts a private entrance and an interior connecting door. Abundant on-site parking is available. The property features a vaulted and impressive entry foyer. The annual association fees are $24,278, and real estate taxes total $20,236. The asking price for this turnkey property is $799,000. Ideal for a variety of medical and professional uses, including but not limited to physical therapy, podiatry, dermatology, wellness centers, legal practices, accounting firms, and more. This property offers strong potential for both stable long-term income and owner-occupancy. The 1988-built, single-story building sits on a 0.032-acre lot.

    Property Features for 561 Cranbury Rd

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1988
    Stories
    1

    HighLights

    • 3,493 SF office condo in prestigious East Brunswick Surgi‑Center.
    • Located on Cranbury Road in a thriving medical/professional community.
    • Two suites (2,099 SF & 1,394 SF) offer flexible single or dual occupancy.
    • Suite 1 (occupied): open floor plan, 4 offices, 5 baths, laundry. Suite 2 (vacant): $26/SF + utilities, reception, offices with sinks, kitchenette, bath.
    • Private entrances, interior connecting door, abundant parking, impressive entry foyer.
    • Annual HOA fees: $24,278; Real estate taxes: $20,236; Asking price: $799,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    MedSpa At ASA Plastic ... Plastic Surgeon Russell Ashinoff, MD, ... Plastic Surgeon University SurgiCenter Surgical Center East Brunswick Family ... Dentist Bio-Medical Laboratory Laboratory

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Brunswick
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4194403
    Latitude
    40.4133371

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Medical/Professional Office Space
    Where is this office property / space located?
    The property is located at 561 Cranbury Rd East Brunswick, NJ.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: 3,493 SF office condo in prestigious East Brunswick Surgi-Center.; Located on Cranbury Road in a thriving medical/professional community.; Two suites (2,099 SF & 1,394 SF) offer flexible single or dual occupancy.
    Request Owner's contact information
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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 Cranbury Rd East Brunswick, NJ 08816
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