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    Bound Brook, NJ
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    Bound Brook, NJ Medical Office Space for Sale

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    Four-Unit Medical Office Building
    Updated: Mar 12, 2024
    Four-Unit Medical Office Building

    515 Church St, Bound Brook, NJ 08805

    $1,399,000
    7,226 sqft · 0.60 AC lot
    100% Leased 4‑Unit Professional Medical Building
    Excellent Investment Property with $89,626.48 NOI and 6% Cap Rate
    Corner Location with Abundant Parking
    Ideal for Owner/User (Medical or General Office)
    Minutes from Major Routes: RT 28, 22, I‑287
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    This listing looks promising.

    Here's a quick look at some key insights for

    515 Church St, Bound Brook Boro, NJ 08805

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $108K
      Annual

    • Mortgage

      $575K
      Sep 2022

    • Last Sold

      Sep 2022
      $1.08M

    • Property Type

      Commercial (General)
      Built 1968
    View Property Analytics
    Medical Building For Sale
    Updated: Mar 12, 2024
    Medical Building For Sale

    515 Church St, Bound Brook, NJ 8805

    $1,399,000
    7,226 sqft · 0.60 AC lot
    100% Leased Investment Property with $103,068 NOI and 7% Cap Rate
    Ideal for Owner/User: Suitable for Medical and/or General Office
    Professional Medical Building: Designed and Equipped for Medical Use
    Corner Location: High Visibility and Accessibility
    Abundant Parking: Convenient for Tenants and Clients
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Bound Brook, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Medical Building Near RWJ Hospital
    Medical Building Near RWJ Hospital

    282 E Main St, Somerville, NJ 8876

    $775,000
    4,500 sqft · 0.46 AC lot

    Medical building with finished space and unfinished lower level.

    View details
    First-Floor Office Suite
    First-Floor Office Suite

    495 Union Ave, Middlesex, NJ 08846

    Contact for pricing
    2,000 sqft

    Move-in ready first-floor office suite with reception area, private offices, and multiple entrances.

    View details
    Somerville Medical Office Space Available
    Somerville Medical Office Space Available

    80 N Gaston Avenue N, Somerville, NJ 8876

    Contact for pricing
    1,450 sqft

    Renovated medical office space in established Somerville location.

    View details
    Combined Office Condos with Basement
    Combined Office Condos with Basement

    495 Union Avenue #7, Middlesex, NJ 8846

    Contact for pricing
    2,000 sqft

    2,000 sq ft office suite with full basement.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Land on Corner Lot
    Prime Land on Corner Lot

    229 Adamsville Rd, Bridgewater, NJ 08807

    $2,900,000
    50,000 sqft · 4.10 AC lot

    4.1 acres on corner lot with high traffic volume.

    View details
    Watchung Boro Land For Sale
    Watchung Boro Land For Sale

    729 Mountain Blvd, Watchung, NJ 07069

    $449,000
    0.92 AC lot

    0.92 acre lot in Watchung Boro, NJ for sale.

    View details
    Watchung Boro Commercial Lot For Sale
    Watchung Boro Commercial Lot For Sale

    729 Mountain Blvd, Watchung, NJ 07069

    $449,000
    0.92 AC lot

    0.92 acre commercial lot in Watchung Boro, New Jersey.

    View details
    Commercial Land for Medical Use
    Commercial Land for Medical Use

    351 Doctors Way, Hillsborough, NJ 08844

    $2,500,000
    3.29 AC lot

    3.29-acre commercial land zoned for medical offices and other site-approved services.

    View details

    Bound Brook, NJ Medical Office Space Market Trends and Statistics

    Explore 2 medical office space for sale in Bound Brook, NJ on our real estate platform. These investment opportunities span a total of 14,452 square feet of properties for sale, with an estimated market value of $2,798,000.

    Sale prices for medical spaces in Bound Brook, NJ start at $1,399,000, averaging $1,399,000, and reaching up to $1,399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 11
    Medical Office Space 3
    Office buildings 2

    Demographics Overview

    Population 14K
    Population Growth (5Y) +18.2%
    Median Household Income $84,201
    College Educated 45.2%

    High-Yield Neighborhoods for Investment

    Identify Bound Brook submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    08805 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 2.24%
    Property Tax per SF $5.31 per SF
    Tax Rate vs County Average 0.18 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Somerset County

    New Delisted

    Total CRE Inventory on Market (SF)

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