Technical
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Property profile

242 Old New Brunswick Rd Piscataway, NJ 08854

OFF-MARKET
Office Spaces
104,518 SF Built 1983
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Property summary

AI-generated overview

The Walton Building, located at 242 Old New Brunswick Road in Piscataway, New Jersey, offers exceptional executive office space in the Route 287 Submarket of Middlesex County. This Class A building, constructed in 1983, boasts a total of 104,518 square feet and features six suites, with a minimum divisible space of 2,148 square feet and a maximum contiguous space of 6,009 square feet. Currently, 23,830 square feet is available for lease. The property sits on a 6.17-acre lot and provides a convenient 4 per 1000 parking ratio. Zoning allows for a variety of uses including medical, training schools, IT, and general office space. This prime location offers competitive lease rates, currently reduced to $19.50 per square foot, plus a tenant electric charge of $2 per square foot. On-site management ensures efficient building operations. Interested parties should inquire about available spaces and lease terms. The building's address is 242 Old New Brunswick Road, Piscataway, NJ 08854.

Property profile

Verified
Property type Office Spaces
Year built 1983
Total area 104,518 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Production Facility
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

242 Old New Brunswick Rd Piscataway, NJ 08854
Piscataway metro
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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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