123 Grn StWoodbridge Township, NJ 07095
- Healthcare properties
- 2,888 SF
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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