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    702 State Rte 18 Hwy East Brunswick, NJ 08816

    Sponsored
    For Sale
    $580,000

    Two-Story Office, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 702 N State Route 18 Highway in East Brunswick, New Jersey, presents a unique investment opportunity. This freestanding, two-story office building boasts a highly visible corner location directly on heavily traveled Route 18, offering easy access from Route 18 North and Kendal Road. The building, constructed in 1952, sits on a 0.186-square-foot lot and features a first-floor reception area, three offices, a storage room, and a private bath. A full basement provides ample storage with both inside and outside access. Upstairs, a second office suite offers a separate entrance, two additional offices, and a private bath. The building is energy-efficient, incorporating soundproofing with cellulose insulation in the walls. Recent upgrades include a roof and siding (less than 10 years old) and a heating and hot water system (less than 5 years old). Twelve parking spaces are currently available, with potential for expansion. The property's strategic location, coupled with its modern amenities and ample parking, makes it ideal for a variety of professional businesses, including but not limited to CPA firms, law offices, mortgage companies, insurance agencies, title companies, and IT firms. A nearby NYC bus stop adds to its convenient location. The asking price is $580,000.

    Property Features for 702 State Rte 18 Hwy

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1952
    Stories
    2

    HighLights

    • Asking Price: $580,000
    • Property Type: Two‑story, freestanding office building on 0.186 acres of land, built in 1952.
    • Location: High‑visibility corner lot on heavily trafficked Route 18 in East Brunswick, NJ, with easy access from Kendal Road. NYC bus stop nearby.
    • Building Features: First floor features reception area, three offices, storage, and a private bath. Full basement with interior and exterior access. Second floor has separate entrance, two offices, and a private bath. Twelve parking spaces with potential for expansion. Recent upgrades include roof, siding, heating, and hot water systems. Energy‑efficient with soundproofing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    East Brunswick
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.384249
    Latitude
    40.4298818

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    FAQs

    What type of property is this?
    Office Property / Space - Two-Story Office, High Visibility
    Where is this office property / space located?
    The property is located at 702 State Rte 18 Hwy East Brunswick, NJ.
    What is the asking price?
    The asking price for this property is $580,000.
    What are key features of this property?
    This property features: Asking Price: $580,000; Property Type: Two-story, freestanding office building on 0.186 acres of land, built in 1952.; Location: High-visibility corner lot on heavily trafficked Route 18 in East Brunswick, NJ, with easy access from Kendal Road. NYC bus stop nearby.
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    702 State Rte 18 Hwy 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
    702 State Rte 18 Hwy East Brunswick, NJ 08816
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