977 State Rte 33 Hwy, Monroe Township, NJ 08831
This exceptional commercial property, located at 977 State Route 33 Highway W, offers 6,202 square feet of renovated executive office space. The two-story building features a thoughtfully designed first floor layout including six private offices, a dedicated conference room, multiple bathrooms, a spacious open area accommodating ten workstations, a convenient kitchen, and ample storage. The property also includes two separate rental units, each offering significant income potential. One unit becomes available January 1st, 2025, and the other February 1st, 2025. Rental rates are determined on a per-square-foot basis, plus common area maintenance (CAM) charges. The property boasts a generous 20-space parking lot, ensuring convenient parking for tenants and visitors. The zoning is commercial ("comm"), and the Assessor's Parcel Number (APN) is 12000040000000136. This is a single-tenant property, ideal for a business seeking a well-appointed and functional space with immediate occupancy options and future income streams. The property type is classified as Land and Office, with a commercial and executive office subtype. This presents a unique opportunity to acquire a versatile and high-demand property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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