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Property profile & analytics
OFF-MARKET Estimated value $720,000
Commercial real estate

59 Hwy 516 Old Bridge, NJ 08857-1416

7,804 SF 0.58 ac lot
Entity Owned 1-yr Hold Free & Clear
Property ID
US59-1282379
Property summary
AI-generated overview

This exceptional two-story commercial building, located at 59 Highway 516 Road in Old Bridge, New Jersey, 08857, presents a unique investment opportunity. The property, encompassing 0.576 square feet of land, is ideally suited for a diverse range of businesses. Its design caters to the needs of various professionals, including medical practitioners (doctors, dentists, and primary care physicians), healthcare specialists, legal firms, insurance agencies, mortgage specialists, title companies, technology companies, and consulting firms. The building offers convenient access to both floors via elevators and staircases, ensuring easy navigation for clients and staff. Ample parking is available on-site, providing convenient access for employees and visitors. The building's location in the heart of Old Bridge offers excellent visibility and accessibility. This property represents an exceptional opportunity for businesses seeking a modern, well-equipped space to establish, expand, or relocate their operations. The seller is motivated, making this an attractive proposition for discerning investors. This is a turnkey solution for businesses seeking a professional and functional workspace in a prime Old Bridge location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 7,804 SF
Lot 0.58 ac (25,091 SF)
Zoning code OG1
APN 15 18060-0000-00008
UPID US59-1282379
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$745k
CAP Approach CAP
by Request
Comparable Approach Comparable
$727k
Blend (final) Blend
$720k
Owner & transaction history
59516 Old Bridge LLC · 1 yrs held
59516 Old Bridge LLC
since 2025
Last sale
$705,000
4 recorded transactions
2025
Price N/A
2025
$705,000
2023
$645,000
2022
Price N/A
Zoning & alternative use
OG1 · Old Bridge, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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