729 State Route 18East Brunswick, NJ 08816

  • Other commercial real estate
  • 1,212 SF
For Sale
$649,990 View listing

Property Details for 729 State Route 18

Year built
1951
Lot size
0.13 AC
Property size (Sq ft)
1,212 SF
Zone code
HC1
Property type
Other commercial real estate
APN
04 00131- 04-00028- 01
APU
400131040002801

Description

This exceptional two-story commercial office building, located at 729 State Route 18 in East Brunswick, New Jersey, presents a unique investment opportunity. Built in 1951, the property boasts a highly visible location on Route 18, benefiting from exposure to over 60,000 vehicles daily. The 0.129-acre lot features a main building with ample space for various business needs. The interior includes a versatile layout of private offices, conference rooms, and open work areas, perfect for a variety of professional uses. A fully sprinklered basement with a full bath adds significant utility. Abundant windows provide excellent opportunities for branding and advertising. The HC1 Highway Commercial zoning allows for a wide range of permitted uses, including retail, service businesses, professional offices (insurance, brokerage, bookkeeping), music and dance studios, and government or non-profit organizations. A spacious parking lot behind the building comfortably accommodates approximately 10 vehicles. The asking price is $649,990. This property offers a compelling combination of high visibility, flexible space, and diverse zoning potential, making it an ideal investment for discerning buyers. The property is situated in Middlesex County, New Jersey, with a zip code of 08816.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $229,358
    Hospitality
    $210,091
    Educational
    $174,793
    Medical
    $180,804
    Retail
    $271,900
729 State Route 18, East Brunswick, New Jersey

Location Insight

City
East Brunswick
County
Middlesex
State
New Jersey
Latitude
40.4279
Longitude
-74.3832
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
$9,285
$30,000
$48,800
$78,800
-
$30,000
$48,800
$78,800

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