51 Brunswick Woods DrEast Brunswick, NJ 08816

  • Office properties
  • 1,125 SF
For Sale
$259,900 View listing

Property Details for 51 Brunswick Woods Dr

Year built
1986
Lot size
0.12 AC
Property size (Sq ft)
1,125 SF
Zone code
OP1
Property type
Office properties
Property subtype
Office buildings
APN
04 00088- 25-00017- 02-C0055
APU
0400088250001702C0055

Description

This exceptional executive office condominium, located at 51 Brunswick Woods Drive #55 in East Brunswick, New Jersey, presents a unique investment opportunity. Priced at $259,900, this single-story, 1986-built property offers a highly desirable location within a sought-after complex. The 0.12-square-foot lot features a corner unit with high visibility, ensuring excellent exposure for your business. The interior boasts a thoughtfully designed layout, including three private offices, a welcoming reception area, and a convenient waiting room. The property also includes a full basement, providing ample storage space or the potential for additional uses. Its strategic location offers easy access to major highways and county roads, placing your business within close proximity to significant retail centers. This end unit offers three sides of exposure, maximizing natural light and visibility. This turnkey office space is ready for immediate occupancy, making it an ideal choice for businesses seeking a well-appointed and conveniently located professional environment in the thriving East Brunswick market. The property is situated in Middlesex County, New Jersey, zip code 08816.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $185,996
    6.5%
    $171,689
    7%
    $159,425
  • Comparable approach

    Method
    Valuation
    Relative Method
    $146,992
    Geo Method
    $146,992
  • Alternative Use

    Use
    Valuation
    Residential
    $212,894
    Hospitality
    $195,010
    Educational
    $162,246
    Medical
    $167,826
    Retail
    $252,382
51 Brunswick Woods Dr, East Brunswick, New Jersey

Location Insight

City
East Brunswick
County
Middlesex
State
New Jersey
Latitude
40.4215
Longitude
-74.3916
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
$5,762
$7,200
$41,700
$48,900
-
$7,200
$41,700
$48,900

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