245 Livingston Ave New Brunswick, NJ 08901
- Office buildings
- 2,565 SF
- 0.14 lot acres
Current Use by Public Records
- Frazer, Evangelista & Company, LLC / Tax Preparation Service
- Sanchez Elena CPA / Accountant
Property Details for 245 Livingston Ave
- Year built
- 1917
- Construction
- FRAME
- Lot size
- 0.14 lot acres
- Property size
- 2,565 SF
- Zone code
- C-3A
- Property type
- Office buildings
- APN
- 13 00247-0000-00002
- APU
- 1300247000000002
Description
This exceptional 2,565 square foot commercial property at 245 Livingston Avenue in New Brunswick, NJ (08901) presents a unique opportunity. The two-story building, zoned C-3A (APN: 1300247000000002), offers a single-tenant occupancy configuration ideal for a variety of professional uses, such as medical or legal offices. The first floor boasts a welcoming front porch, an expansive foyer, a large conference room with built-in features, an open office area with a fireplace, two private offices, a powder room, a kitchenette, and additional storage. The second floor provides four oversized rooms, each with closets, a hallway cedar closet, and a full bathroom. A basement offers further storage space. The property includes a detached two-car garage and seven total parking spaces. Its central downtown location offers unparalleled convenience, with proximity to the train station, NJ Transit bus routes, shopping, restaurants, hospitals, and Rutgers University. This property is available for lease, with an option for purchase also available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $615,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $505,000
- 6.5%
- $435,000
- 7%
- $430,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $490,000
- Geo Method
- $460,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $505,000
- Retail
- $515,000
- Mixed-Use
- $525,000
- Hospitality
- $425,000
- Educational
- $515,000
- Residential Income
- $380,000
- Energy
- $405,000
- Income-Based Land
- $495,000
- Food Service
- $390,000
Location Insight
- Map
- Local Demand
- City
- New Brunswick
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.4534
- Latitude
- 40.4849
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA