Private Office Unit with
D2-894 Green St, Iselin, NJ 08830
For Sale
Contact for pricing
Renovated brick building offers shared bathroom access, dedicated parking, and round-the-clock entry.
Property Size3,600 SF
Price / SF$0.22
Days on Market59
Property Features for D2-894 Green St
General Information
Standard status
Size
Total Parking Spaces
Site & Location
Highway Access
Public Transit
Amenities
24/7 access
Building Details
Construction
Listing Agency:
KELLER WILLIAMS ELITE REALTORS
(732) 549-1998
Listed By:
MAHESH SWALI
(732) 634-7001
Source:
Exprealty
Added: Sep 15
Changed: Oct 26
Last Checked: Nov 10 at 2:09PM
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 KELLER WILLIAMS ELITE REALTORS
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This private office unit is located within a freestanding brick building measuring 3,600 SF. The suite has 6 windows, access to a shared bathroom, and 1 car parking space. Recent renovations include marble, granite, and soft neutral flooring, creating a finished setting for office use.
The property is at D2-894 Green St in Iselin, New Jersey, near Route 1, the NJ Turnpike, Garden State Parkway, Woodbridge Mall, and the Metropark submarket. A bus stop serving the Metropark Bus Loop and Woodbridge Mall is also close by. Property access is available 24/7, with no after-hours overcharges, and flexible lease terms are offered.
The property is at D2-894 Green St in Iselin, New Jersey, near Route 1, the NJ Turnpike, Garden State Parkway, Woodbridge Mall, and the Metropark submarket. A bus stop serving the Metropark Bus Loop and Woodbridge Mall is also close by. Property access is available 24/7, with no after-hours overcharges, and flexible lease terms are offered.
Key Highlights
- Private office unit with 6 windows
- Located in a 3,600 SF freestanding brick building
- 1 car parking space included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,080
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,101,600
$1.1M
Cap Rate 7%
$786,857
$786.9K
Cap Rate 9%
$612,000
$612.0K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$108.0K $30.00/SF
− Vacancy
−$34.6K −$9.60/SF
EGI
$73.4K $20.40/SF
− OpEx
−$18.4K −$5.10/SF
NOI
$55.1K $15.30/SF
Area
Middlesex County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,101,600
Cap Rate 7%
$786,857
Cap Rate 9%
$612,000
Alternative Uses
Best Use
Office B
$786.9K
$688.5K – $918.0K
NOI $55,080 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$940.0K
$822.5K – $1.10M
NOI $65,802 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,427
Businesses Nearby
Explore this area
Business Placement
Demographics for 08830, NJ
20,088
Population
6,618
Households
3
Avg Household Size
39
Median Age
55%
College-Educated
89%
High-School Grad
3.2 sq mi
ZIP Area
6,278
Density / Sq Mi
$112,615
Median Household Income
$61,805
Median Earnings
$2,051
Median Rent
$394,200
Median Home Value
Market
Average Price Trend$/SF for Office Units in Middlesex County, NJ
Properties on Market for Office Units in Middlesex County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Renovated brick building offers shared bathroom access, dedicated parking, and round-the-clock entry.
Where is this office unit located?
The property is located at D2-894 Green St Iselin, NJ.
What are key features of this property?
This property features: Private office unit with 6 windows; Located in a 3,600 SF freestanding brick building; 1 car parking space included
