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    123 Main St South River, NJ 08882

    For Lease
    $6 SF/Yr

    Executive Suites, High Visibility Location

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial property, located at 123 Main Street in South River, presents a unique investment opportunity. The property encompasses a 4,000 square foot building situated on a 3,500 square foot lot, zoned for office use. The building is a two-story structure with a single tenant occupancy. The existing space is ideally suited for medical or professional office use, featuring approximately 1,200 square feet of well-designed office space. This includes a dedicated reception/waiting area, four individual offices, and a convenient bathroom. The property boasts ample parking with three spaces available for tenants and visitors. The property's location on Main Street ensures high visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving community. The APN is 23001470000000401. This is a single-tenant building with no additional suites. The property type is classified as Land and Office, with a commercial and executive office subtype. This presents a rare opportunity to acquire a well-maintained and strategically located commercial property in a desirable area. The building's existing layout and features offer immediate occupancy potential, minimizing upfront investment and maximizing return.

    Property Features for 123 Main St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Size
    4,000 SF
    Rate per SF
    $6

    HighLights

    • Land and office property totaling 4,000 square feet.
    • Single‑tenant occupancy.
    • 1,200 square foot office space with reception/waiting area, four offices, and a bathroom.
    • 3,500 square foot lot.
    • Two‑story building.
    • Three parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    South River Medical ... Medical Clinic Dr. Sigmund L. ... Family Practice Physician Central Jersey Respiratory ... Medical Clinic Dr. Alexandra C. ... Doctor Girgis Family Medicine ... Family Practice Physician

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    South River
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.3835804
    Latitude
    40.4494467

    Nearby Comparable

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    Nearby Similar for Lease

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      50,500 SF

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      Industrial Warehouse Space Available

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      171 Main St, South River, NJ 08882
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Executive Suites, High Visibility Location
    Where is this office property / space located?
    The property is located at 123 Main St South River, NJ.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: Land and office property totaling 4,000 square feet.; Single-tenant occupancy.; 1,200 square foot office space with reception/waiting area, four offices, and a bathroom.
    Request Owner's contact information
    123 Main St South River, NJ 08882
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    South River, NJ 08882
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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
    123 Main St South River, NJ 08882
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