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    3 Liberty St Plainsboro Township, NJ 08536

    For Sale
    Contact for pricing

    NJ Medical & Office Suites Available

    Property size:
    1,156 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents six office condos in a thriving Plainsboro Township, NJ, town center development. The three-story, 30,000 square foot building, constructed in 2006, offers units ranging from 1,156 to 2,147 square feet of net rentable space. Units are available as shell space or built-out medical suites, with prices ranging from $195 to $255 per square foot. The building boasts two elevators, a full wet sprinkler system, and convenient access to major roadways including Route 1, Route 130, and NJ Turnpike Exit 8A. Its prime location near University Medical Center's new hospital makes it highly attractive to medical professionals. The property features a 6.07% cap rate and an occupancy date of January 9, 2024. Operating expenses are $10.02 per square foot, annual taxes are $4.04 per square foot, and annual condo fees are $5.98 per square foot. A landlord work letter is negotiable. This is an ideal opportunity for investors seeking a strong return in a desirable location. The building is a mixed-use development, and current tenants include Princeton Medical Group, MD4Kids, and Jersey Physical Therapy. The property is located at 3 Liberty St, Plainsboro Township, NJ 08536.

    Property Features for 3 Liberty St

    General Information

    Property type
    Medical offices
    Square Feet
    1,156 SF
    Class
    B

    Building Details

    Year Built
    2006
    Stories
    3
    Units
    6

    HighLights

    • Mixed‑use office condos in a town center development.
    • Operating expenses are $10.02 per square foot.
    • 30,000 square foot, three‑story building constructed in 2011.
    • Negotiable landlord work letter.
    • Two elevators.
    • Full wet sprinkler system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Plainsboro Township
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.5915905
    Latitude
    40.3356394

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Medical office - NJ Medical & Office Suites Available
    Where is this medical office located?
    The property is located at 3 Liberty St Plainsboro Township, NJ.
    What are key features of this property?
    This property features: Mixed-use office condos in a town center development.; Operating expenses are $10.02 per square foot.; 30,000 square foot, three-story building constructed in 2011.
    Request Owner's contact information
    3 Liberty St Plainsboro Township, NJ 08536
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    Plainsboro Township, NJ 08536
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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
    3 Liberty St Plainsboro Township, NJ 08536
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