288 Summerhill RdEast Brunswick, NJ 08816

Property Details for 288 Summerhill Rd

Year built

1979

Lot size

0.52 AC

Property size (Sq ft)

4,440 SF

Zone code

OP1

Property type

Office properties

Property subtype

Office buildings

APN

04 00175- 20-00019- 02

APU

400175200001902

Description

This exceptional single-tenant commercial property, located at 288 Summerhill Road #3 in East Brunswick, New Jersey, offers 5,200 square feet of versatile office space. Situated on a 0.523-acre lot, this one-story building features a bright and airy layout perfect for a variety of businesses. The space includes a reception/waiting area, two private offices, and a large open area, offering flexibility for customization to suit individual needs. The property is zoned OP1 and boasts ample parking with 22 spaces available. Conveniently located with easy access to major roadways including Route 18, the New Jersey Turnpike, and Route 9, ensuring seamless commutes for employees and clients. Additional amenities include access to bathrooms and a kitchenette, along with weekly cleaning services. The space is currently ready for occupancy, and the owner is willing to make updates, including flooring choices, to accommodate a tenant's preferences. The entire second floor is available, or it can be subdivided to meet specific space requirements. This property presents a unique opportunity for businesses seeking a well-maintained, conveniently located, and adaptable office environment in a thriving New Jersey market. The APN is 0400175200001902. The zip code is 08816.

• CAP approach

  CAP return

  Valuation

  6%

  $734,065

  6.5%

  $677,598

  7%

  $629,198

• Comparable approach

  Method

  Valuation

  Relative Method

  $580,130

  Geo Method

  $580,130

• Alternative Use

  Use

  Valuation

  Residential

  $840,222

  Hospitality

  $769,638

  Educational

  $640,330

  Medical

  $662,352

  Retail

  $996,069

Location Insight

City

East Brunswick

County

Middlesex

State

New Jersey

Latitude

40.419

Longitude

-74.3885

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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