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    Property profile & analytics
    OFF-MARKET Estimated value $725,000
    Office buildings

    49 Prospect St, East Brunswick, NJ 08816-2289

    3,220 SF 0.18 ac lot Built 1970
    Individually Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US59-1345967
    Property summary
    AI-generated overview

    This exceptional commercial property at 49 W Prospect Street W, East Brunswick, NJ 08816, offers a single-tenant, 1,656 square foot office space on the second floor of a professional building. The property features six parking spaces for convenient access. The building is situated on a 0.184-acre lot and boasts high visibility, making it ideal for a variety of professional services. The space includes a private half-bathroom. The zoning is OP1. The property's convenient location offers easy access to numerous amenities, including nearby shopping centers featuring ShopRite, Best Buy, and Floor & Decor, all directly across the street. This is a fantastic opportunity for businesses seeking a well-located, easily accessible, and attractive office space in a thriving area. The property is a two-story building with a total of one suite. The APN is 0400045000000010. This is a single-tenant occupancy property, perfect for a business seeking a dedicated and private workspace. The property's size and amenities make it suitable for a range of professional services, including but not limited to finance, insurance, real estate, personal services, business services, and research.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1970
    Total area 3,220 SF
    Lot 0.18 ac (8,000 SF)
    Zoning code OP1
    APN 04 00045-0000-00010
    UPID US59-1345967
    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
    • Steven Schrager Real Estate Agency
    • Kumon Math and Reading Center of EAST BRUNSWICK - WEST PROSPECT ST. Training Center Tutoring Service
    • Aim Realty Real Estate Agency
    • Schneider Elias L Law Firm
    • IFPTE Charitable Organization Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $810k
    Comparable Approach Comparable
    $699k
    Blend (final) Blend
    $725k
    Owner & transaction history
    David S Schneider · 3 yrs held
    David S Schneider
    since 2023
    1 recorded transaction
    2023
    Zoning & alternative use
    OP1 · East Brunswick, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $895,000 +0.3%
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