702 State Rte 18 Hwy, East Brunswick, NJ 08816
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.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.