2124 Oak Tree RdEdison, NJ 08820

  • Other commercial real estate
  • 3.60 AC
For Sale

Property Details for 2124 Oak Tree Rd

Lot size
3.60 AC
Zone code
RA
Property type
Other commercial real estate
APN
05 00425-0000-00008- 14
APU
50042500000000814

Description

This exceptional three-story, Class B medical office building, located at 2124 Oak Tree Road in Edison, New Jersey, presents a unique investment opportunity. Spanning 18,300 square feet, the property sits on a generous 3.6-acre lot (Block 425, Lot 8.N) in Middlesex County, zip code 08820. Currently operating as a fully leased medical facility, this building offers significant potential for owner-occupancy or continued income generation. The building features convenient elevator service, a comprehensive wet sprinkler system, and a modern HVAC system, ensuring both comfort and safety. Ample parking is currently available, with the possibility of expansion. The property's strategic location in Edison makes it highly accessible and attractive to a wide range of professionals, including lawyers, architects, accountants, and other businesses. The 2024 property taxes are $71,052. This high-end building is an ideal investment for those seeking a stable, income-producing asset with significant upside potential. Contact us today to discuss the sale price and explore this remarkable opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $29,675,720
    Hospitality
    $27,182,800
    Educational
    $22,615,772
    Medical
    $23,393,562
    Retail
    $35,180,088
2124 Oak Tree Rd, Edison, New Jersey

Location Insight

City
Edison
County
Middlesex
State
New Jersey
Latitude
40.5779
Longitude
-74.3802
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
$68,460
$900,000
$300,000
$1,200,000
-
$900,000
$300,000
$1,200,000

FAQs

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