Property profile

623 Georges Rd 2b North Brunswick, NJ 08902

FOR SALE
Office buildings
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Property ID
US59-0729350
4,720 SF 0.38 ac Built 1920
Last sale Nov 2010·$515,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a modern, open-concept office space with hardwood floors on the first floor. It includes gas heating and central air conditioning, with utilities provided as part of the building’s setup. The office is located on a well-traveled street with frontage that supports street-level visibility and is served by an open-lot parking area. The space totals approximately 360 square feet and is positioned for convenient access to major transportation routes, including the New Jersey Turnpike and Routes 1, 18, and 13.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$21k
Tax billed · 2022
Assessed value · 2023$350k
Assessed land$200k
Assessed improvement$151k
Effective rate6.01%

Value estimate

· Nov 2026
$400k
$360k – $440k
Submarket $/SF estimate$1.00M
NOI build-up
Gross scheduled income$11k
Vacancy & credit loss−$3k
Operating expenses−$2k
NOI · 688.50% cap applied$6k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$284/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$193 – $334

Cap rate analysis

How does the asset earn?
688.50%
$6k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1
JurisdictionMIDDLESEX

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.7
Tailor Shop10.0
Locksmith9.2

Location

623 Georges Rd, Unit 2b North Brunswick, NJ 08902
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2875 Us Hwy 1st, North Brunswick, NJ 08902-4309 $1,700,000 Dec 2024 10,582 SF
517 Georges, North Brunswick, NJ 08902-2955 $280,000 Mar 2022 1,734 SF
984 Bergen, North Brunswick, NJ 08902-2335 $455,000 Oct 2021 1,524 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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