16 Microlab Rd Livingston, NJ 07039-1631
This exceptional, single-story, freestanding office building presents a unique investment opportunity in Livingston, New Jersey. Located at 16 Microlab Rd, 07039, this 19,000 square foot property sits on a 1.5-acre lot and boasts 70 parking spaces, supplemented by ample street parking. Originally constructed in 1968 and extensively renovated in 2004, the building is in excellent condition and offers a high-end, modern office environment suitable for a variety of uses, including creative, executive, and traditional office settings. The property is zoned LI and features prominent monument signage, enhancing visibility and brand recognition. The asking price is $3,950,000, translating to $207.89 per square foot. The building is currently available for owner-user occupancy with an anticipated occupancy date of June 1st, 2025. This is a rare opportunity to acquire a well-maintained, highly visible, and conveniently located office building in a desirable Essex County location. The ample parking and expansive lot size provide significant advantages for employees and clients alike. This property is ideal for a business seeking a prestigious and functional workspace.
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BNE Real Estate Group Property Management Company Real Estate Developer
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Rotwein & Blake Associates Architect
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LPZ Management Property Management Company
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Millennium Management Construction Company
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Atlas Supply Chain Services Business Management Consultant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-I · Livingston, NJLivingston. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.