Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Washington Rd Sayreville, NJ 08859

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Washington Rd Sayreville, NJ 08859

    View on Map
    • Commercial real estate
    • 0.36 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Washington Rd

    Year built
    2004
    Lot size
    0.36 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional commercial space, located on Washington Road in the heart of Sayreville, NJ, offers unparalleled visibility and accessibility. Situated on a 0.36-acre lot, this second-floor unit boasts an abundance of natural light, creating a bright and inviting atmosphere ideal for a variety of businesses. The spacious layout provides ample room for various configurations, making it suitable for a wide range of professional uses. Imagine a thriving therapy practice, a productive real estate office, a bustling call center, a comfortable personal home office, a successful consultant's hub, a motivating life coaching center, or a captivating photography studio. The possibilities are truly endless. The unit includes a private bathroom for exclusive use, as well as access to a communal bathroom conveniently located nearby. Extensive storage space is also available, ensuring efficient organization and workflow. Ample parking is provided for both clients and employees, enhancing convenience and accessibility. An outdoor sitting area offers a pleasant space for relaxation or informal meetings. Note that an adjacent 400 square foot unit is also available, presenting an opportunity to expand your space if needed. This prime Sayreville location offers exceptional visibility due to its placement on a major thoroughfare, ensuring high foot traffic and excellent exposure for your business. The combination of location, space, and amenities makes this property a truly unique opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sayreville
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.3379
    Latitude
    40.4609

    Comparable in this City

    • Value Estimation by Request

      Ernston Rd

      Commercial real estate
      Ernston Rd, Sayreville, NJ 08859
      View Details
    • Value Estimation by Request
      4.21 Acres

      501 Cheesequake Rd

      COMMERCIAL (GENERAL) • 4.21 Acres
      501 Cheesequake Rd, Parlin, NJ 08859-1038
      View Details
    • Value Estimation by Request
      1.88 Acres

      Ernston Rd

      COMMERCIAL (GENERAL) • 1.88 Acres
      Ernston Rd, Parlin, NJ 08859
      View Details
    • Value Estimation by Request
      2.88 Acres

      Giordano Ave

      COMMERCIAL (GENERAL) • 2.88 Acres
      Giordano Ave, Parlin, NJ 08859
      View Details
    • Value Estimation by Request

      1 Zaunerowikz Rd

      Land
      1 Zaunerowikz Rd, Sayreville, NJ 08859
      View Details
    • Value Estimation by Request
      1.16 Acres

      989-991 Rte 9th 9

      COMMERCIAL (GENERAL) • 1.16 Acres
      989-991 Rte 9th 9, Parlin, NJ 08859
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Former Pharmacy on Signalized Corner

      Prime retail location in Parlin, NJ with high visibility.
      3553 Washington Rd, Parlin, NJ 08859
      View Details
    • Contact for pricing
      10,000 SF

      Sayreville Office Building For Sale

      Multi-tenanted office building with value-add potential in Sayreville, NJ.
      984 Us Highway 9, Sayreville, NJ 08859
      View Details
    • Contact for pricing
      3,300 SF

      Commercial Shop on 1.74 Acres

      3,300 SF commercial shop with 1.74 acres in Parlin, NJ.
      3211 Bordentown Ave, Sayreville, NJ 08859
      View Details
    • $350,000
      1,013 SF

      Harbour Club First-Floor Condo

      First-floor condo with patio, close to transportation and shopping.
      1601 Pebble Pl, Parlin, NJ 08859
      View Details
    • Contact for pricing

      Commercial Land Ready For Development

      3.25-acre commercial land approved for 32,935 SF development.
      3116 Bordentown Ave, Old Bridge, NJ 08859
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Washington Rd
    Sayreville, NJ 08859
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    Washington Rd, Sayreville, NJ, 08859

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!