6 Brunswick Woods DrEast Brunswick, NJ 08816

  • Office properties
  • 563 SF
For Sale
$120,000 View listing

Property Details for 6 Brunswick Woods Dr

Year built
1985
Lot size
0.06 AC
Property size (Sq ft)
563 SF
Zone code
OP1
Property type
Office properties
Property subtype
Office buildings
APN
04 00088- 25-00017- 01-C0010
APU
0400088250001701C0010

Description

This attractive office condominium, located at 6 Brunswick Woods Drive #6 in East Brunswick, New Jersey, presents a fantastic opportunity. Situated within the Brunswick Woods complex, this nearly 600 square foot, second-floor unit offers a versatile layout ideal for various professional services. The open floor plan features a vaulted ceiling perfect for conferences, balanced by private work areas suitable for counselors, therapists, attorneys, or other professionals. Amenities include a large break room with refrigerator, tables, and chairs, a private bathroom, and two storage closets. Built in 1985, this two-story building provides intercom and buzzer entry for added security. Further enhancing the space, a UV system was recently installed on the existing HVAC units. The property's convenient location on Summerhill Road offers easy access to Routes 18 and 9, Cranbury Road, and the NJ Turnpike Exit 9. The lot size is 0.057 acres. The asking price is $120,000. The unit is available furnished upon request. This is a rare opportunity to acquire a well-appointed office space in a desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $93,081
    6.5%
    $85,921
    7%
    $79,783
  • Comparable approach

    Method
    Valuation
    Relative Method
    $73,562
    Geo Method
    $73,562
  • Alternative Use

    Use
    Valuation
    Residential
    $106,542
    Hospitality
    $97,592
    Educational
    $81,195
    Medical
    $83,987
    Retail
    $126,303
6 Brunswick Woods Dr, East Brunswick, New Jersey

Location Insight

City
East Brunswick
County
Middlesex
State
New Jersey
Latitude
40.4215
Longitude
-74.3901
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,922
$3,600
$21,200
$24,800
-
$3,600
$21,200
$24,800

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