Property profile

635 Cranbury Rd East Brunswick, NJ 08816

FOR LEASE
Commercial real estate
Property ID
US59-1756028
10,494 SF 2.09 ac lot Built 2002
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 10,000 square foot commercial property located at 635 Cranbury Road, East Brunswick, New Jersey, 08816. The property, built in 2002, sits on a 2.09-acre lot and boasts a prominent corner location at Cranbury Road and Fern Road. Currently configured as a former daycare center, the building offers versatile space suitable for a variety of uses, subject to permitted zoning. The property features approximately 25 off-street parking spaces, a significant advantage for potential tenants. The building is zoned R-2, providing flexibility for future development or adaptive reuse. The property is offered at an asking price of $3,750,000, representing a compelling 6.60% capitalization rate. The existing lease is a NNN lease with a 5-year term. Annual property taxes for 2023 were $61,083.75. This property presents a strong investment opportunity in a desirable location with significant potential for future growth and return. The property's size, location, and zoning make it an attractive option for a variety of commercial uses. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2002
Total area 10,494 SF
Lot 2.09 ac (91,040 SF)
Zoning code R2
APN 04 00319-0000-00020- 02
UPID US59-1756028

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Health Care Service

Location

635 Cranbury Rd East Brunswick, NJ 08816
East Brunswick metro Census 6605 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$515k

Owner & transaction history

since 2026
Last sale
$3.5M
1 recorded transaction
2026
$3.5M

Zoning & alternative use

R2 · East Brunswick, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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