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    Main St Milltown, NJ 08850
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    Main St, Milltown, NJ 08850

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    • Commercial real estate
    • 1.32 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Main St

    Lot size
    1.32 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional commercial property in Milltown, NJ, offers three distinct office suites for lease, each boasting its own unique advantages. Located on the second floor, these spaces are ideal for businesses seeking a comfortable and convenient workspace. Suite options include a 500 square foot space for $950 per month, a 650 square foot space for $1350 per month, and a larger 1178 square foot suite available for $1850 per month. Importantly, these suites cannot be combined. Each suite features ample storage closets and will undergo a complete renovation prior to occupancy, including fresh carpeting and painting. The lease terms are gross rent, with tenants responsible for electric and gas utilities. Average utility costs for both electric and gas are estimated to be under $100 per month. Leases will incorporate a modest cost-of-living adjustment based on the Consumer Price Index (CPI) and any applicable tax increases from the base year. The property sits on a 1.32-acre lot and enjoys an unparalleled location for commuters, with easy access to Routes 1 and 18, the New Jersey Turnpike, and the Garden State Parkway. Enjoy the convenience of being within 30 minutes of the Jersey Shore beaches and just an hour from New York City. Floor plans are available upon request.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Milltown
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4371
    Latitude
    40.4512
    More about this property
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