1100 Centennial Ave, Unit 202 Piscataway, NJ 08854
Property profile & analytics
1100 Centennial Ave, Unit 202, Piscataway, NJ 08854
- Office buildings
- 16,635 SF
- 1.42 lot acres
Property ID
US59-0303153
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dr. Alpesh A. Pate, MD / Physician
- Harmony OB/GYN - Piscataway / Medical Clinic
- Dr. Mark Weinstein / Physician / Medical Clinic
- Rajvi Patel / Physician
- Ray Selbrena Corbin-Simon / Physician
Property Details for 1100 Centennial Ave
- Year built
- 2004
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.42 lot acres
- Zone code
- LI5
- Property type
- Office buildings
- APN
- 17 05801-0000-00002
- APU
- 1705801000000002
Description
This exceptional 16,453 square foot medical office space is available for lease in a prime Piscataway, NJ location. Situated in a two-story building on a 1.42-acre lot, this unit offers ample space and convenient amenities. Built in 2003, the building boasts a desirable mix of medical tenants, including a dentist, ophthalmologist, OB-GYN, and allergist. The unit itself comprises 8 rooms and 2 bathrooms, providing a versatile layout for a variety of medical practices. Currently, 2,096 square feet on the first floor is available for lease. The building offers convenient features such as 82 parking spaces and one elevator, ensuring easy access for patients and staff. The property benefits from its strategic location, just 6 miles from Saint Peter's University Hospital and 8 miles from JFK Medical Center, providing excellent access to healthcare resources and a strong patient base. Separate electric and gas meters offer efficient utility management. Each floor encompasses 8,226 square feet, providing a spacious and functional environment for a thriving medical practice. This is a rare opportunity to secure a well-located, sizable medical office space in a thriving community.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,525,000
- 6.5%
- $4,175,000
- 7%
- $3,880,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,837,000
- AI Estimate
- $2,432,000
Market price range: $3.23M - $5.90MMarket price range: $1.11M - $3.44M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $4,550,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $4,100,000 Change: -10% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $3,765,000 Change: -17% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $3,730,000 Change: -18% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Piscataway
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.459
- Latitude
- 40.551
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$62,328
$1,235,400
$1,644,600
$2,880,000
-
$1,235,400
$1,644,600
$2,880,000
