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    674 Rte 202/206 Bridgewater, NJ 08807

    Sponsored
    For Sale
    $279,000

    1,300 SF Executive Office Suite, NJ

    Property size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,300 square foot executive office condo, located at 674 Route 202/206 #4 in Bridgewater, New Jersey, presents a unique investment opportunity. Situated within a larger 12,000 square foot building, this unit boasts a thoughtfully designed layout including four private offices, a dedicated bullpen area, and a convenient recreational space. The building itself offers an elevator for easy access to this second-story suite. The asking price is $279,000, translating to a price per square foot of $23.25. Owner financing is available, making this an attractive option for various buyers. The property sits on a 5-acre lot and is zoned for commercial use, offering flexibility for a range of businesses. The unit's 9-foot ceilings contribute to a spacious and comfortable work environment. Note that an adjacent 1,100 square foot unit (#3) is also available for sale or lease under the same terms, providing the potential to combine for a total of 2,400 square feet of office space. This property is part of an eight-unit building constructed in an unspecified year. The building's classification includes office, industrial, executive office, flex, and commercial subtypes. This prime location in Somerset County, New Jersey, offers easy access to major transportation routes and a vibrant business community. Don't miss this chance to acquire a well-appointed and versatile office space in a desirable location.

    Property Features for 674 Rte 202/206

    General Information

    Property type
    Flex space
    Square Feet
    12,000 SF
    Lot Size
    217,800 SF

    Building Details

    Year Built
    9999
    Stories
    2
    Units
    8
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Bridgewater
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.6231258
    Latitude
    40.6014984

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    FAQs

    What type of property is this?
    Flex space - 1,300 SF Executive Office Suite, NJ
    Where is this flex space located?
    The property is located at 674 Rte 202/206 Bridgewater, NJ.
    What is the asking price?
    The asking price for this property is $279,000.
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    674 Rte 202/206 Bridgewater, NJ 08807
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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
    674 Rte 202/206 Bridgewater, NJ 08807
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