Property summary
This exceptional 20,000 square foot assisted living facility, located at 1628 State Route 27 in North Brunswick Township, Middlesex County, New Jersey (zip code 08902), presents a unique investment opportunity. The property sits on approximately 2.2 acres (Block 18.02, Lot 61) and is zoned R2. The fully furnished and licensed facility boasts 23 rooms with 27 beds (including two doubles), each suite equipped with a full bathroom, kitchen (refrigerator, freezer, and microwave), private patio, ample closet space, cable TV, and nurse call pendants. Amenities include a full-service kitchen and dining facilities, hair salon, library, laundry room, nursing station, and recreation room. A natural gas generator ensures reliable power, and a comprehensive security system is in place. The building adheres to all New Jersey Department of Community Affairs (DCA) construction codes for nursing homes. Annual property taxes for 2023 were $122,137.86. This turnkey operation offers immediate income potential and significant long-term growth prospects. The property's prime location and extensive features make it an attractive investment for discerning buyers.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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Zoning
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