Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Green St Iselin, NJ 08830

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Green St

    Year built
    2002
    Property type
    Commercial real estate

    Description

    This exceptional commercial property, located on Green Street in Iselin, New Jersey, offers flexible office space for lease within a Class A, two-story building equipped with an elevator. The building is ideally suited for a variety of professional office uses, including but not limited to law firms, accounting practices, and insurance companies. The space is available for lease as a whole or potentially subdivided to accommodate smaller office needs. This presents a unique opportunity for businesses seeking a prestigious address and modern amenities. The property boasts a shared conference room, a valuable asset for collaborative work and client meetings. The building's Class A designation reflects its high-quality construction, modern design, and excellent maintenance. The location in Iselin offers convenient access to major transportation routes, ensuring easy commutes for employees and clients. This is an excellent opportunity to secure a well-appointed office space in a desirable location. Lease terms are flexible and can be tailored to meet individual business requirements. Inquire today to learn more about this exceptional office space and its potential to meet your business needs. The property is available for immediate occupancy. The listed price is $1700. Further details regarding square footage and specific lease terms 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
    Iselin
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2989
    Latitude
    40.562

    Comparable in this City

    • Value Estimation by Request
      0.57 Acres

      Green St

      Commercial real estate • 0.57 Acres
      Green St, Iselin, NJ 08830
      View Details
    • Value Estimation by Request
      410,788 SF

      675 Rte

      Retail properties • 410,788 SF
      675 Rte, Woodbridge Township, NJ 08830
      View Details
    • Value Estimation by Request
      0.23 Acres

      625 State Rte 27

      COMMERCIAL (GENERAL) • 0.23 Acres
      625 State Rte 27, Iselin, NJ 08830-1883
      View Details
    • Value Estimation by Request
      0.20 Acres

      394 State Rte 27

      COMMERCIAL (GENERAL) • 0.20 Acres
      394 State Rte 27, Iselin, NJ 08830-1777
      View Details
    • Value Estimation by Request
      0.12 Acres

      470 State Rte 27

      COMMERCIAL (GENERAL) • 0.12 Acres
      470 State Rte 27, Iselin, NJ 08830-1761
      View Details
    • Value Estimation by Request
      1.31 Acres

      700 Us Hwy 1st N

      COMMERCIAL (GENERAL) • 1.31 Acres
      700 Us Hwy 1st N, Iselin, NJ 08830-2631
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.29 Acres

      Iselin Commercial Space - Prime Location

      1400 SF Retail Space, Vanilla Box Delivery
      Green St, Iselin, NJ 08830
      View Details
    • $899,900

      Iselin Commercial Land Opportunity

      Prime Iselin location, mixed-use potential.
      1610 Oak Tree Rd, Woodbridge Township, NJ 08830
      View Details
    • Contact for pricing
      0.57 Acres

      Iselin Retail End Cap Opportunity

      High-Visibility Corner Retail Space, 1150 SF
      Green St, Iselin, NJ 08830
      View Details
    • Contact for pricing
      400 SF

      Iselin Commercial Land Opportunity

      400 SF Commercial Land for Lease
      838 Grn St, Woodbridge Township, NJ 08830
      View Details
    • $975,000
      1,500 SF

      Iselin Mixed-Use Corner Property

      Mixed-use property on a busy corner with commercial and residential features.
      1610 Oak Tree Rd, Iselin, NJ 08830
      View Details
    • $275,000

      Established Retail Business Opportunity

      Profitable retail business with inventory included in a high-traffic location.
      1381 Oak Tree Rd, Iselin, NJ 08830
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      410,788 SF

      Woodbridge Retail Plaza Opportunity

      High-traffic retail space, NJ.
      675 Rte 1, Woodbridge Township, NJ 08830
      View Details
    • $6 SF/Yr
      3,600 SF

      Iselin Executive Office Suite

      Move-in ready, 900 sq ft office space
      894 Grn St, Woodbridge Township, NJ 08830
      View Details
    • Contact for pricing
      27,016 SF

      Class A Office Space Available

      Modern office building with amenities and convenient parking.
      194 S Wood Ave, Iselin, NJ 08830
      View Details
    • Contact for pricing
      11,989 SF

      Office Space Near Metro Park

      Office space available in a coveted location near Metro Park.
      485 Us Highway 1 S, Iselin, NJ 08830
      View Details
    • Contact for pricing

      Luxury Apartments Near Metropark Station

      Upscale apartments with modern amenities and convenient transit access.
      3 Ronson Rd, Iselin, NJ 08830
      View Details
    • Contact for pricing
      759 SF

      Convenient Office Space Near Transit

      Office space with easy access to transportation and amenities.
      190 Middlesex Tpke, Iselin, NJ 08830
      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.
    Green St
    Iselin, NJ 08830
    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

    Google sign-in failed. Please try again or use another login method.