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Property profile

1 Corporate Pl South Piscataway, NJ 08854

FOR LEASE
Industrial properties
Property ID
US59-1804229
11,705 SF 5.48 ac lot Built 1981
Last sale May 2018 · $10,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 88,780 square foot Class B office building, located at 1 Corporate Place South in Piscataway, New Jersey, offers multiple executive office suites for lease. Built in 1981 and situated on a 5.48-acre lot in Middlesex County (zip code 08854), the property features a total of four suites, with available spaces ranging from 2,007 to 6,918 contiguous square feet. Currently, 16,681 square feet are vacant and ready for immediate occupancy. The building offers flexible lease terms…

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?
$210k
Tax billed · 2022
Assessed value · 2023$9.27M
Assessed land$4.05M
Assessed improvement$5.22M
Effective rate2.27%

Value estimate

· Oct 2026
$1.99M
$1.79M – $2.18M
CAP approach$2.02M
NOI build-up
Gross scheduled income$2.66M
Vacancy & credit loss−$852k
Operating expenses−$453k
NOI · 6,317,832.56% cap applied$1.36M

Realmo valuation models over county records and 5 qualifying comparable sales.

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?
6,317,832.56%
$1.36M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LI5
JurisdictionMIDDLESEX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.7
Law Firm12.1
Hair Salon12.1

Location

1 Corporate Pl South Piscataway, NJ 08854
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
121 Ethel W, Piscataway, NJ 08854-5952 $19,400,000 May 2025 13,864 SF
131 Ethel W, Piscataway, NJ 08854-5900 $19,400,000 May 2025 14,967 SF
25 Corporate S, Piscataway, NJ 08854-6141 $16,000,000 Jan 2025 16,908 SF
144 12th, Piscataway, NJ 08854-1934 $982,000 May 2024 5,596 SF
141 Ethel W, Piscataway, NJ 08854-5928 $11,000,000 Sep 2023 30,625 SF
10 Constitution, Piscataway, NJ 08854-6145 $8,025,000 Feb 2023 27,160 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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