123 Grn StWoodbridge Township, NJ 07095

Property Details for 123 Grn St

Year built

1877

Construction

METAL FRAME

Property size (Sq ft)

2,888 SF

Zone code

R-6

Property type

Healthcare properties

Property subtype

Medical offices

APN

25 00548-0000-00005

APU

2500548000000005

Description

This exceptional two-story, 5,500 square foot Class B office building at 123 Green Street in Woodbridge Township, NJ 07095, offers a unique blend of medical, traditional, and coworking spaces. Currently, 4,000 square feet are available for lease, with six individual suites ranging from 400 to 800 square feet. The building underwent complete renovations in 2022, showcasing a modern aesthetic ideal for a variety of businesses. The property features ample parking with 20+ spaces available for tenants and clients. Its prime location in Woodbridge, New Jersey provides easy access to major transportation routes and a thriving local community. The building's exterior has recently been renovated, and included in the lease is prominent placement on a newly installed illuminated sign, enhancing visibility and brand recognition. This is an excellent opportunity for businesses seeking a well-maintained, versatile space in a desirable location. The multiple tenancy structure allows for flexibility and scalability, making it suitable for both established companies and startups. Don't miss this chance to secure your business's future in this vibrant New Jersey community.

• CAP approach

  CAP return

  Valuation

  6%

  $477,473

  6.5%

  $440,744

  7%

  $409,262

• Comparable approach

  Method

  Valuation

  Relative Method

  $377,346

  Geo Method

  $377,346

• Alternative Use

  Use

  Valuation

  Residential

  $546,523

  Hospitality

  $500,612

  Educational

  $416,503

  Medical

  $430,827

  Retail

  $647,894

Location Insight

City

Woodbridge

County

Middlesex

State

New Jersey

Latitude

40.5572

Longitude

-74.2826

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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