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    Bound Brook, NJ
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    Bound Brook, NJ Office Units for Sale

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    Middlesex, NJ South Bound Brook, NJ Franklin Twp, NJ Bridgewater, NJ Dunellen, NJ Martinsville, NJ Manville, NJ Warren, NJ
    Four-Unit Medical Office Building
    Updated: Jan 11, 2024
    Four-Unit Medical Office Building

    515 CHURCH ST Unit 515, Bound Brook, NJ 08805

    $1,399,000
    7,226 sqft
    4‑unit professional medical building in an office park with corner lot positioning
    100% leased occupancy, priced with NOI of $89,626.48 and a stated 6% cap rate
    Abundant parking and parking on‑site; lot sizes include 130' x 200' (130X200, 130X200)
    Zoned PROF OFFICE and designed with flat roof and storage area with freestanding structure
    Built in 1968
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    This listing looks promising.

    Here's a quick look at some key insights for

    515 CHURCH ST Unit 515, Bound Brook, NJ 08805

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $111K
      Annual

    • Mortgage

      $575K
      Sep 2022

    • Last Sold

      Sep 2022
      $1.08M

    • Property Type

      Commercial (General)
      Built 1968
    View Property Analytics
    First-Floor Office Unit
    Updated: Nov 10, 2024
    First-Floor Office Unit

    1952 US HIGHWAY 22, Bound Brook, NJ 08805

    Contact for pricing
    16,283 sqft
    2,229‑square‑foot first‑floor office unit
    ADA‑compliant office space
    66 parking spaces
    Located on U.S. Highway 22 in Bridgewater Township
    Reported traffic of 45K cars per day
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Bound Brook, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Professional Office Space Available
    Professional Office Space Available

    5 MOUNTAIN BLVD Unit 12, Warren, NJ 07059

    $367,000
    19,040 sqft

    Professional office space with ample parking in Warren, NJ.

    View details
    First-Floor Office Unit
    First-Floor Office Unit

    5 Mountain Blvd, Warren, NJ 07059

    Contact for pricing
    1,650 sqft

    Office suite with reception, private offices, a kitchen area, and two bathrooms available immediately.

    View details
    Medical Office Condo Suite
    Medical Office Condo Suite

    7-495 Union Ave, Middlesex, NJ 08846

    Contact for pricing
    2,000 sqft

    A first-floor office suite with reception, 10 private offices, kitchenette, two ensuite bathrooms, two entrances, and full basement.

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

    495 Union Avenue #7, Middlesex, NJ 08846

    Contact for pricing
    2,000 sqft

    2,000 sq ft office suite with full basement.

    View details

    Bound Brook, NJ Office Units Market Trends and Statistics

    Explore 2 office units for sale in Bound Brook, NJ on our real estate platform. These investment opportunities span a total of 23,509 square feet of properties for sale, with an estimated market value of $1,399,000.

    Sale prices for office units in Bound Brook, NJ average $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

    Medical Office Space 4
    Office buildings 2
    Office Units 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 $349.8K

    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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