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    OFF-MARKET
    Office Spaces

    702 State Rte 18 Hwy, East Brunswick, NJ 08816

    Built 1952
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 702 N State Route 18 Highway in East Brunswick, New Jersey, presents a unique investment opportunity. This freestanding, two-story office building boasts a highly visible corner location directly on heavily traveled Route 18, offering easy access from Route 18 North and Kendal Road. The building, constructed in 1952, sits on a 0.186-square-foot lot and features a first-floor reception area, three offices, a storage room, and a private bath. A full basement provides ample storage with both inside and outside access. Upstairs, a second office suite offers a separate entrance, two additional offices, and a private bath. The building is energy-efficient, incorporating soundproofing with cellulose insulation in the walls. Recent upgrades include a roof and siding (less than 10 years old) and a heating and hot water system (less than 5 years old). Twelve parking spaces are currently available, with potential for expansion. The property's strategic location, coupled with its modern amenities and ample parking, makes it ideal for a variety of professional businesses, including but not limited to CPA firms, law offices, mortgage companies, insurance agencies, title companies, and IT firms. A nearby NYC bus stop adds to its convenient location. The asking price is $580,000.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1952
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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