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    245 Livingston Ave New Brunswick, NJ 08901

    Sponsored
    For Lease
    $23 SF/Yr

    Prime Location, 2,565 sq ft Office

    Lot size:
    2,565 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,565 square foot commercial property at 245 Livingston Avenue in New Brunswick, NJ (08901) presents a unique opportunity. The two-story building, zoned C-3A (APN: 1300247000000002), offers a single-tenant occupancy configuration ideal for a variety of professional uses, such as medical or legal offices. The first floor boasts a welcoming front porch, an expansive foyer, a large conference room with built-in features, an open office area with a fireplace, two private offices, a powder room, a kitchenette, and additional storage. The second floor provides four oversized rooms, each with closets, a hallway cedar closet, and a full bathroom. A basement offers further storage space. The property includes a detached two-car garage and seven total parking spaces. Its central downtown location offers unparalleled convenience, with proximity to the train station, NJ Transit bus routes, shopping, restaurants, hospitals, and Rutgers University. This property is available for lease, with an option for purchase also available.

    Property Features for 245 Livingston Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,565 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Size
    2,565 SF
    Rate per SF
    $23
    Property Profile Location Intelligence

    Current Use by Public Records

    Frazer, Evangelista & Company, ... Tax Preparation Service Sanchez Elena CPA Accountant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Brunswick
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4533918
    Latitude
    40.4848724

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Location, 2,565 sq ft Office
    Where is this office property / space located?
    The property is located at 245 Livingston Ave New Brunswick, NJ.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    Request Owner's contact information
    245 Livingston Ave New Brunswick, NJ 08901
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    New Brunswick, NJ 08901
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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
    245 Livingston Ave New Brunswick, NJ 08901
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