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    1128 Nj-31 Lebanon, NJ 08833

    Sponsored
    For Lease
    $180 SF/Yr

    Prime NJ Office Space: Flexible Suites Available

    Lot size:
    16,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Discover Echo Hill Plaza, a three-story, 16,000-square-foot commercial building ideally situated at 1128 NJ-31 in Lebanon borough, Clinton, Hunterdon County, NJ 08833. This multi-tenant property offers a variety of office spaces, perfect for businesses seeking flexible solutions. Currently, 9,000 square feet are available, divisible into units as small as 1,500 square feet, with a maximum contiguous space of 3,000 square feet. The building features seven total suites, catering to diverse needs. Its HWY 1 commercial zoning allows for a wide range of uses, including retail, service, medical, and professional offices. The property boasts ample parking with 60 spaces, plus lower-level storage options, making it highly convenient. Located near major roadways like Routes 78 and 22, and just one mile from Clinton, Echo Hill Plaza offers excellent visibility and accessibility. Enjoy a modern, well-maintained building with existing tenants. Rental rates range from $15 to $22 per square foot. Floor plans are available upon request. This exceptional location on Route 31 provides high daily traffic exposure, ensuring significant visibility for your business. Three acres of land provide ample space and potential for future expansion.

    Property Features for 1128 Nj-31

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,000 SF
    Total Rate
    240000

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    9,000 SF
    Rate per SF
    $264

    HighLights

    • Three‑acre site with attractive building and scenic county views.
    • Abundant natural light throughout.
    • Previously occupied by a major engineering firm.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Lebanon
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.9534944
    Latitude
    40.6288389

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    FAQs

    What type of property is this?
    Office space - Prime NJ Office Space: Flexible Suites Available
    Where is this office space located?
    The property is located at 1128 Nj-31 Lebanon, NJ.
    What is the lease rate?
    The lease rate is $264 SF/Yr.
    What are key features of this property?
    This property features: Three-acre site with attractive building and scenic county views.; Abundant natural light throughout.; Previously occupied by a major engineering firm.
    Request Owner's contact information
    1128 Nj-31 Lebanon, NJ 08833
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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
    1128 Nj-31 Lebanon, NJ 08833
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