Office Units with Natural
For Sale
Contact for pricing
D-981 State Route 33 W, Monroe, NJ 08831
Vacant space is available now for professional or medical use, with on-site parking and exterior signage.
Property Size5,000 SF
Price / SF$0.56
Days on Market145
Property Features for D-981 State Route 33 W
General Information
Standard status
Active
Size
5,000 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Property Use
Professional, Medical
Taxes and HOA fees
Annual Taxes
$47,239
Building Details
Buildings
1
Listing Agency:
BURKE REALTY LLC
(732) 658-6800
Listed By:
JOHN H. BURKE · License #3522589
(305) 796-9906
Source:
Exprealty
Added: Jun 10
Changed: Oct 31
Last Checked: Nov 1 at 8:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BURKE REALTY LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office units at D-981 State Route 33 W in Monroe offer natural light and open views. The building is described as modern and well maintained, and the spaces are vacant and available immediately for professional or medical use. Exterior signage and a large parking area are on site.
The property fronts State Route 33 W, is near Route 9, and is minutes from the New Jersey Turnpike. CAM is included.
The property fronts State Route 33 W, is near Route 9, and is minutes from the New Jersey Turnpike. CAM is included.
Key Highlights
- Vacant office units available immediately
- Natural light and open views
- Professional or medical use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,448
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,488,960
$1.5M
Cap Rate 7%
$1,063,543
$1.1M
Cap Rate 9%
$827,200
$827.2K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$132.0K $26.40/SF
− Vacancy
−$7.9K −$1.58/SF
EGI
$124.1K $24.82/SF
− OpEx
−$49.6K −$9.93/SF
NOI
$74.4K $14.89/SF
Area
Middlesex County, NJ
Vacancy
6.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,488,960
Cap Rate 7%
$1,063,543
Cap Rate 9%
$827,200
Alternative Uses
Best Use
Office B
$1.09M
$956.3K – $1.28M
NOI $76,500 @ 7.0% cap · market cap 2,732.14%
Second Best
Healthcare Medical
$1.06M
$930.6K – $1.24M
NOI $74,448 @ 7.0% cap · market cap 2,658.86%
Theoretical Best
Office A
$1.31M
$1.14M – $1.52M
NOI $91,392 @ 7.0% cap · market cap 3,264.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Explore this area
Business Placement
Demographics for 08831, NJ
55,123
Population
24,898
Households
2.2
Avg Household Size
53
Median Age
51%
College-Educated
95%
High-School Grad
51.3 sq mi
ZIP Area
1,075
Density / Sq Mi
$108,741
Median Household Income
$74,340
Median Earnings
$1,872
Median Rent
$489,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Vacant space is available now for professional or medical use, with on-site parking and exterior signage.
Where is this office unit located?
The property is located at D-981 State Route 33 W Monroe, NJ.
What are key features of this property?
This property features: Vacant office units available immediately; Natural light and open views; Professional or medical use
