2713 Woodbridge Ave Edison, NJ 08817
- Commercial real estate
- 1,832 SF
- 0.39 lot acres
Current Use by Public Records
- D & A Sunrise International Corporation / Optician
Property Details for 2713 Woodbridge Ave
- Year built
- 1883
- Lot size
- 0.39 lot acres
- Property size
- 1,832 SF
- Zone code
- RB
- Property type
- Commercial real estate
- APN
- 05 00267- 01-00010
- APU
- 5002670100010
Description
This beautifully renovated, two-story commercial office building, located at 2713 Woodbridge Avenue in Edison, New Jersey (08817), is offered for sale at $695,000. The property includes a full basement and a detached two-car garage. The building boasts excellent visibility and ample signage opportunities, enhanced by professionally landscaped grounds featuring flowers and apple trees. Its versatile design makes it ideal for a variety of professional uses, including but not limited to CPA firms, law offices, mortgage companies, IT businesses, or even a daycare center, given the available outdoor space suitable for a playground. The building features a newly installed roof on both the main structure and the garage. The square footage is as per tax records; potential buyers are responsible for verifying permitted uses with the township. A net-net-net (NNN) lease is available for $3,000 per month, plus an additional $750 for the garage. The property sits on a 0.393-acre lot.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $510,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $390,000
- 6.5%
- $435,000
- 7%
- $450,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $430,000
- Geo Method
- $455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $400,000
- Retail
- $410,000
- Mixed-Use
- $375,000
- Hospitality
- $355,000
- Educational
- $365,000
- Residential Income
- $430,000
- Energy
- $475,000
- Income-Based Land
- $475,000
- Food Service
- $400,000
Location Insight
- Map
- Local Demand
- City
- Edison
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.3651
- Latitude
- 40.5121
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA