Property profile

127 Livingston Ave New Brunswick, NJ 08901

FOR LEASE
Medical Office Space
Property ID
US59-1820573
3,392 SF 0.17 ac lot Built 1950
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is an office space located in downtown New Brunswick at the corner of Livingston Avenue and Suydam Street, with access provided from a door on Suydam Street near the parking lot. The layout and configuration are suitable for professional services such as an attorney’s office, CPA firm, or a title company. The space comprises 3,392 square feet. Utility responsibilities are structured with gas and electric handled by the tenant, and water, sewer, and taxes covered by the landlord.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1950
Construction FRAME
Total area 3,392 SF
Lot 0.17 ac (7,500 SF)
Zoning code C-3A
APN 13 00168-0000-00001
UPID US59-1820573

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Dental Office
  • Dental Office
  • Pediatrician Medical Clinic
  • Employment Agency

Location

127 Livingston Ave New Brunswick, NJ 08901
New Brunswick metro Census 5602 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$775k
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$735k

Owner & transaction history

since 2024
2 recorded transactions
2024
$999,000
2024
Price N/A

Zoning & alternative use

C-3A · New Brunswick, NJ
Zoning description

Properties in the C-3A community office/professional may be converted into a residential multi-family use without a ground floor commercial unit provided the following requirements are met: 1. Minimum size for one-bedroo…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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