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Property profile

702 State Rte 18 Hwy East Brunswick, NJ 08816

OFF-MARKET
Office Spaces
View Sample
Built 1952

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

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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