Renovated Office Unit with
For Sale
$339,000
G-6 Auer Ct, East Brunswick, NJ 08816
Second-floor office suite with reception, private offices, conference space, and a kitchen area.
Property Size1,657 SF
Price / SF$204.59
Days on Market300
Property Features for G-6 Auer Ct
General Information
Standard status
Active
Size
1,657 SF
Additional Details
Floor
2
Taxes and HOA fees
Annual Taxes
$5,646
Amenities
conference room
reception area
3 private offices
kitchen area
large room
half bath
storage
Listing Agency:
WEICHERT CO REALTORS
(732) 525-1550
Listed By:
RUPINDER SODHI
Source:
Exprealty
Added: Nov 6, 2025
Changed: Aug 31
Last Checked: Sep 1 at 11:16PM
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 WEICHERT CO REALTORS
Investment Insights
Based on property information with market context.
This 1,657-square-foot second-floor office unit at G-6 Auer Ct includes a practical mix of private and shared work areas. The layout features a reception area, three private offices, a conference room, a kitchen area, and a larger flexible room that can serve as additional office space. An updated half bath supports daily operations, while storage is available within the unit and in the basement.
The property is located in East Brunswick, New Jersey, within Williamsburg Commons. The office configuration is suitable for professional service users, including attorneys, insurance firms, consultants, financial services firms, and accountants.
The property is located in East Brunswick, New Jersey, within Williamsburg Commons. The office configuration is suitable for professional service users, including attorneys, insurance firms, consultants, financial services firms, and accountants.
Key Highlights
- 1,657 SF second‑floor office unit
- Three private offices plus a conference room
- Reception area and kitchen area included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,352
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$507,040
$507.0K
Cap Rate 7%
$362,171
$362.2K
Cap Rate 9%
$281,689
$281.7K
Market Conditions
NOI Build-Up for 1,657 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$49.7K $30.00/SF
− Vacancy
−$15.9K −$9.60/SF
EGI
$33.8K $20.40/SF
− OpEx
−$8.5K −$5.10/SF
NOI
$25.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$507,040
Cap Rate 7%
$362,171
Cap Rate 9%
$281,689
Alternative Uses
Best Use
Office B
$362.2K
$316.9K – $422.5K
NOI $25,352 @ 7.0% cap · market cap 7.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$432.7K
$378.6K – $504.8K
NOI $30,287 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,043
Businesses Nearby
Explore this area
Business Placement
Demographics for 08816, NJ
48,729
Population
17,242
Households
2.8
Avg Household Size
42
Median Age
58%
College-Educated
94%
High-School Grad
20.2 sq mi
ZIP Area
2,412
Density / Sq Mi
$141,731
Median Household Income
$71,111
Median Earnings
$2,079
Median Rent
$502,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Second-floor office suite with reception, private offices, conference space, and a kitchen area.
Where is this office units located?
The property is located at G-6 Auer Ct East Brunswick, NJ.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: 1,657 SF second‑floor office unit; Three private offices plus a conference room; Reception area and kitchen area included
