9 Auer Ct East Brunswick, NJ 08816
- Office buildings
- 820 SF
- 0.08 lot acres
Current Use by Public Records
- Law Offices of Blauvelt & Vecchio, LLC : Piscataway / General Practice Attorney / Public Defender'S Office
- Multi Creations, Inc / Jewelry Store
- Quality IT Sources / Software Company
- Tsang Cheung K DDS / Dentist
- Ko Jing Yang DDS / Dentist
Property Details for 9 Auer Ct
- Year built
- 1991
- Lot size
- 0.08 lot acres
- Property size
- 820 SF
- Zone code
- OP1
- Property type
- Office buildings
- APN
- 04 00088- 50-00001-0000-C0091
- APU
- 040008850000010000C0091
Description
This exceptional 1,289 square foot commercial office condo, located at 9-E Auer Court in East Brunswick, New Jersey, presents a fantastic investment opportunity. Situated in a premier office complex, this single-story, Class B building boasts a recent 2021 renovation, ensuring modern amenities and functionality. Currently vacant, the property offers immediate occupancy for a wide range of businesses. The space is ideally suited for legal, sales, technology, accounting, or general office uses. Built in 1991, the property sits on a 0.117-acre lot and is zoned OP-1. Its strategic location provides easy access to major transportation arteries, including the Turnpike, Parkway, Routes 1 & 9, and NYC transit options. The asking price is $225,000, translating to $174.55 per square foot. The property's convenient location near shopping centers adds to its appeal. This is a rare opportunity to acquire a well-maintained, conveniently located office space in a thriving New Jersey market. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Don't miss this chance to secure a prime commercial space in a highly desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $410,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $315,000
- 6.5%
- $295,000
- 7%
- $315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $315,000
- Mixed-Use
- $335,000
- Hospitality
- $315,000
- Educational
- $255,000
- Residential Income
- $295,000
- Energy
- $275,000
- Income-Based Land
- $300,000
- Food Service
- $340,000
Location Insight
- Map
- Local Demand
- City
- East Brunswick
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.3911
- Latitude
- 40.4245
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
