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    245 Livingston Ave New Brunswick, NJ 08901-3057
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    Property profile & analytics

    245 Livingston Ave New Brunswick, NJ 08901-3057


    • Office buildings
    • 2,565 SF
    • 0.14 lot acres
    Off-Market
    Last Sale Sep 26, 2023
    $510,000
    Property ID
    US59-1314742
    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.

    Value Estimations
    $585,000
    Show details
    Cap Rate Potential
    6.8%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Frazer, Evangelista & Company, LLC / Tax Preparation
    • Sanchez Elena CPA / Accounting Firm / Tax Preparation

    Property Details for 245 Livingston Ave

    Year built
    1917
    Construction
    FRAME
    Lot size
    0.14 lot acres
    Property size
    2,565 SF
    Zone code
    C-3A
    Property type
    Office buildings
    APN
    13 00247-0000-00002
    APU
    1300247000000002

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $615,000
      ML approach
      $570,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $700,000
      6.5%
      $645,000
      7%
      $600,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $656,000
      Market price range: $495k - $857k

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    New Brunswick
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4534
    Latitude
    40.4849
    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
    $10,787
    $218,800
    $214,600
    $433,400
    -
    $218,800
    $214,600
    $433,400
    More about this property
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