9 Auer CtEast Brunswick, NJ 08816
- Office properties
- 820 SF
Property Details for 9 Auer Ct
- Year built
- 1991
- Lot size
- 0.08 AC
- Property size (Sq ft)
- 820 SF
- Zone code
- OP1
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 04 00088- 50-00001-0000-C0091
- APU
- 040008850000010000C0091
Description
This exceptional 1,289 square foot commercial office condo, located at 9-E Auer Court in East Brunswick, New Jersey, presents a fantastic investment opportunity. Situated in a premier office complex, this single-story, Class B building boasts a recent 2021 renovation, ensuring modern amenities and functionality. Currently vacant, the property offers immediate occupancy for a wide range of businesses. The space is ideally suited for legal, sales, technology, accounting, or general office uses. Built in 1991, the property sits on a 0.117-acre lot and is zoned OP-1. Its strategic location provides easy access to major transportation arteries, including the Turnpike, Parkway, Routes 1 & 9, and NYC transit options. The asking price is $225,000, translating to $174.55 per square foot. The property's convenient location near shopping centers adds to its appeal. This is a rare opportunity to acquire a well-maintained, conveniently located office space in a thriving New Jersey market. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Don't miss this chance to secure a prime commercial space in a highly desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $160,950
- 6.5%
- $148,569
- 7%
- $137,957
-
Comparable approach
- Method
- Valuation
- Relative Method
- $107,141
- Geo Method
- $107,141
-
Alternative Use
- Use
- Valuation
- Residential
- $184,226
- Hospitality
- $168,750
- Educational
- $140,398
- Medical
- $145,226
- Retail
- $218,396
Location Insight
- City
- East Brunswick
- County
- Middlesex
- State
- New Jersey
- Latitude
- 40.4245
- Longitude
- -74.3911
- 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
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