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Property profile & analytics
OFF-MARKET
Commercial real estate

55 Stirling Rd Plainfield, NJ 07069-5946

2,240 SF 0.35 ac lot Built 1930
Entity Owned 6-yr Hold Free & Clear
Property ID
US59-1099097
Property summary
AI-generated overview

This exceptional free-standing office building, located at 55 Stirling Rd in Watchung, New Jersey (zip code 07069), presents a unique investment opportunity. The property boasts 2,500 square feet of well-appointed space, ideal for a variety of professional uses. Previously utilized as a real estate office, the layout includes a thoughtfully designed configuration featuring private offices, a dedicated conference room, a spacious bullpen area perfect for collaborative work, two convenient bathrooms, and a practical kitchenette. Situated in the B-B zone, this building benefits from a highly visible location on the Watchung Circle, ensuring excellent exposure and accessibility. Ample parking and prime signage opportunities further enhance its appeal. The asking price is $799,000, translating to a price per square foot of $319.60. This represents a compelling investment in a thriving New Jersey market. The property's strategic location in Somerset County offers easy access to major transportation routes and a vibrant business community. The building's functional design and desirable features make it an attractive option for businesses seeking a high-profile presence in Watchung. This is a rare opportunity to acquire a well-maintained, ready-to-occupy office building in a prime location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1930
Construction FRAME
Total area 2,240 SF
Lot 0.35 ac (15,246 SF)
Zoning code B-B
APN 21 02402-0000-00003
UPID US59-1099097
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
  • Weichert, Realtors Real Estate Agency
  • Felisha Lasenberry Real Estate Agency
  • John Gregory DiNizio - Weichert Realtors Real Estate Agency
  • Andrew Miele - Weichert Realtors Real Estate Agency
  • Scott Muir Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
55 Stirling Road LLC · 6 yrs held
55 Stirling Road LLC
since 2020
3 recorded transactions
2020
Price N/A
2018
Price N/A
1969
Price N/A
Zoning & alternative use
B-B · Plainfield, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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