222 Easton Ave New Brunswick, NJ 08901
- Commercial real estate
- 7,020 SF
- 0.25 lot acres
Current Use by Public Records
- Northeast Regional Epilepsy: Ghacibeh Georges MD / Physician
- Raissa Novik / Counselor / Practitioner Service Location
- Alison Tverdov, PsyD ABPP-CN / Physician
- Dr. Stephen Traum / Dental Office
- Christina Catanzaro / Physician
Property Details for 222 Easton Ave
- Year built
- 1900
- Construction
- BRICK
- Lot size
- 0.25 lot acres
- Property size
- 7,020 SF
- Zone code
- HI
- Property type
- Commercial real estate
- APN
- 13 00064-0000-00036- 02
- APU
- 130006400000003602
Description
This exceptional two-story, 4,000 square foot commercial building is ideally situated next to St. Peter's Medical Center. The single-tenant property, located at 222 Easton Avenue #B, offers a fantastic opportunity for medical or dental practices. The building sits on a 0.255-acre lot and features ample parking with 10 spaces. The first floor boasts a thoughtfully designed layout perfect for patient care, including a spacious waiting room, reception and file area, five exam rooms, a consultation room/office, and a bathroom. Recent renovations include fresh paint and new flooring throughout. The zoning is commercial (Comm), and the APN is 130006400000003602. This turnkey property presents a rare chance to establish or expand a thriving medical practice in a high-demand location. The building's convenient location and modern amenities make it an attractive option for a variety of office uses. The property is zoned for commercial use and offers a single suite within a two-story building. The convenient location near St. Peter's Medical Center provides excellent visibility and accessibility for patients and staff. The ample parking ensures convenient access for both clients and employees. This is a rare opportunity to acquire a well-maintained, ready-to-occupy commercial property in a prime location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,010,000
- 6.5%
- $935,000
- 7%
- $870,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $919,000
Market price range: $483k - $1.11M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,475,000 Current use
- INDUSTRIAL (GENERAL)
- $1,565,000 Change: +6% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- New Brunswick
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.4571
- Latitude
- 40.5008
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA