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Property profile

281 Centennial Ave Piscataway, NJ 08854

OFF-MARKET
Industrial properties
Property ID
US59-1540241
40,838 SF 5 ac lot Built 1972
Last sale Dec 2025 · $10,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 41,309-square-foot flex/office building presents a unique investment opportunity in Piscataway, New Jersey. Situated on a generous 5-acre lot, the property boasts ample paved parking. The building features approximately 3,000 square feet of warehouse space with a desirable 16-foot clear ceiling height, perfect for various industrial uses. Two platform loading docks ensure efficient loading and unloading operations. The property is zoned Light Industrial (LI-5), offering…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$93k
Tax billed · 2022
Assessed value · 2023$3.95M
Assessed land$3.75M
Assessed improvement$201k
Effective rate2.36%

Value estimate

· Nov 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$226/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$134 – $356
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LI5
JurisdictionMIDDLESEX

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant26.2
Auto Repair Shop20.3
Hair Salon16.6

Location

281 Centennial Ave Piscataway, NJ 08854-3949
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
727 Ss, Piscataway, NJ 08854-1472 $7,000,000 May 2025 40,800 SF
141 Ethel W, Piscataway, NJ 08854-5928 $11,000,000 Sep 2023 30,625 SF
201 11th, Piscataway, NJ 08854-1926 $8,200,000 Jun 2023 46,080 SF
60 Kingsbridge, Piscataway, NJ 08854-3919 $13,150,000 Jun 2022 60,656 SF
250 Cir N, Piscataway, NJ 08854-3705 $18,575,000 Mar 2022 59,106 SF
1525 Washington, Piscataway, NJ 08854-3815 $4,300,000 Jun 2021 27,878 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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