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Property profile & analytics
OFF-MARKET
Estimated value
$1,060,000
Office buildings
1014 Livingston Ave North Brunswick, NJ 08902-1807
Entity Owned
~
Est. High Equity
Property ID
US59-1413655
Property summary
AI-generated overview
This exceptional 600-square-foot office space in North Brunswick Township, NJ, is perfect for a single tenant seeking a convenient and functional workspace. Located at 1014 Livingston Avenue, this Class C, two-story building offers three offices totaling 600 square feet, with one unit at 240 square feet and two units totaling 360 square feet. The landlord prefers a single tenant for all three units, but alternative rental structures are available if the units are leased separately. The property boasts four allocated parking spaces and includes all utilities with no CAM charges. The space features freshly painted walls and updated flooring. The zoning is C1, and the property sits on a 0.258-square-foot lot (APN: 1400134000000001). Please note that medical and salon businesses are not considered due to limited water systems. A personal credit check is required for all tenants at their own expense. This is an excellent opportunity for a business seeking a move-in ready office space in a desirable location. The property is conveniently located in Middlesex County, NJ, with easy access to major transportation routes.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Total area
5,220 SF
Lot
0.26 ac (11,250 SF)
Zoning code
C1
APN
14 00134-0000-00001
UPID
US59-1413655
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.31M
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.06M
Owner & transaction history
Central Jersey Realty LLC
Central Jersey Realty LLC
2 recorded transactions
Zoning & alternative use
C1 · North Brunswick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Brunswick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Brunswick submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,420,000
6.5%
$1,310,000
7%
$1,215,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,485,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,305,000
Change: -12% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,240,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.06M
Range $954k – $1.17M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$203 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$23,948
Tax year 2023
Assessed value
$384,900
Assessed 2024
Previous assessed
$384,900
+0.0% YoY
Effective rate
6.22%
On assessed value
Assessed land
$150,000
Assessed improvement
$234,900
Land market value
$150,000
Improvement market value
$234,900
Total market value
$384,900
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Heating
NONE
Total area
5,220 SF
Lot
0.26 ac (11,250 SF)
Zoning code
C1
APN
14 00134-0000-00001
UPID
US59-1413655
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
C1 · North Brunswick, NJ
Zoning C1 · permitted uses
C1 · North Brunswick, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Brunswick. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Lot
0.26 ac
Current owner
From public records · entity-resolved
Central Jersey Realty LLC
Entity
Mailing address
PO BOX 276, MILLTOWN, NJ 08850-0276
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Central Jersey Realty LLC
—
Deed Of Trust
related
$690,000 · New Millennium Bank
—
—
Central Jersey Realty LLC
—
Deed Of Trust
related
$200,000 · Brunswick Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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