Two-Level Professional Office
For Sale
Contact for pricing
E2-216 Stelton Rd, Piscataway, NJ 08854
Renovated office configuration with private rooms, reception space, storage, and central air across two levels.
Property Size1,000 SF
Price / SF$2.25
Days on Market281
Property Features for E2-216 Stelton Rd
General Information
Standard status
Active
Size
1,000 SF
Listing Agency:
RE/MAX INNOVATION
(732) 298-6006
Listed By:
SIMI KAPOOR · License #1970195
(732) 820-0811
Source:
Exprealty
Added: Jan 10
Changed: Oct 11
Last Checked: Oct 16 at 1:11PM
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 RE/MAX INNOVATION
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Investment Insights
Based on property information with market context.
This office unit is arranged across two levels with a reception and waiting area, five private offices on the main floor, and six additional rooms below. The lower level can accommodate office, meeting, storage, or operational functions. Two half bathrooms, a dedicated laundry area, and additional storage support day-to-day use, while central air serves the space.
Recent improvements include new flooring, paint, and cabinetry. The property is located at E2-216 Stelton Rd in Piscataway, New Jersey, along a busy corridor with access to Route 287, the New Jersey Turnpike, the Garden State Parkway, and Route 1. On-site parking is available for clients and staff. Professional and office-type uses are subject to township approval.
Recent improvements include new flooring, paint, and cabinetry. The property is located at E2-216 Stelton Rd in Piscataway, New Jersey, along a busy corridor with access to Route 287, the New Jersey Turnpike, the Garden State Parkway, and Route 1. On-site parking is available for clients and staff. Professional and office-type uses are subject to township approval.
Key Highlights
- Two‑level office layout with five main‑level offices and six additional lower‑level rooms
- Reception and waiting area plus two half bathrooms, one on each level
- Recent flooring, paint, and cabinetry upgrades
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,300
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,000
$306.0K
Cap Rate 7%
$218,571
$218.6K
Cap Rate 9%
$170,000
$170.0K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$30.0K $30.00/SF
− Vacancy
−$9.6K −$9.60/SF
EGI
$20.4K $20.40/SF
− OpEx
−$5.1K −$5.10/SF
NOI
$15.3K $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%
$306,000
Cap Rate 7%
$218,571
Cap Rate 9%
$170,000
Alternative Uses
Best Use
Office B
$218.6K
$191.3K – $255.0K
NOI $15,300 @ 7.0% cap · market cap 680.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$261.1K
$228.5K – $304.6K
NOI $18,278 @ 7.0% cap · market cap 812.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Explore this area
Business Placement
Demographics for 08854, NJ
60,545
Population
18,069
Households
3.4
Avg Household Size
34
Median Age
50%
College-Educated
92%
High-School Grad
18.9 sq mi
ZIP Area
3,203
Density / Sq Mi
$126,331
Median Household Income
$42,397
Median Earnings
$1,929
Median Rent
$423,900
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Renovated office configuration with private rooms, reception space, storage, and central air across two levels.
Where is this office units located?
The property is located at E2-216 Stelton Rd Piscataway, NJ.
What are key features of this property?
This property features: Two‑level office layout with five main‑level offices and six additional lower‑level rooms; Reception and waiting area plus two half bathrooms, one on each level; Recent flooring, paint, and cabinetry upgrades
