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Property profile & analytics
OFF-MARKET Estimated value $585,000
Office buildings

245 Livingston Ave New Brunswick, NJ 08901-3057

2,565 SF 0.14 ac lot Built 1917
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US59-1314742
Property summary
AI-generated overview

This exceptional 2,565 square foot commercial property at 245 Livingston Avenue in New Brunswick, NJ (08901) presents a unique opportunity. The two-story building, zoned C-3A (APN: 1300247000000002), offers a single-tenant occupancy configuration ideal for a variety of professional uses, such as medical or legal offices. The first floor boasts a welcoming front porch, an expansive foyer, a large conference room with built-in features, an open office area with a fireplace, two private offices, a powder room, a kitchenette, and additional storage. The second floor provides four oversized rooms, each with closets, a hallway cedar closet, and a full bathroom. A basement offers further storage space. The property includes a detached two-car garage and seven total parking spaces. Its central downtown location offers unparalleled convenience, with proximity to the train station, NJ Transit bus routes, shopping, restaurants, hospitals, and Rutgers University. This property is available for lease, with an option for purchase also available.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1917
Construction FRAME
Total area 2,565 SF
Lot 0.14 ac (6,250 SF)
Zoning code C-3A
APN 13 00247-0000-00002
UPID US59-1314742
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
Current use
Occupant on record · Public records
  • Frazer, Evangelista & Company, LLC Tax Preparation
  • Sanchez Elena CPA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$570k
CAP Approach CAP
$645k
Comparable Approach Comparable
$657k
Blend (final) Blend
$585k
Owner & transaction history
245 Livingston LLC · 1 yrs held
245 Livingston LLC
since 2025
Last sale
$510,000
2 recorded transactions
2025
$565,000
2023
$510,000
Zoning & alternative use
C-3A · New Brunswick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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