2 Austin AveIselin, NJ 08839

Property Details for 2 Austin Ave

Year built

1930

Lot size

0.17 AC

Property size (Sq ft)

3,052 SF

Zone code

R7-5

Property type

Office properties

Property subtype

Office buildings

APN

25 00383- 05-00005- 01

APU

2500383050000501

Description

This exceptional 675 square foot executive office space, located at 2 Austin Avenue #2L in Iselin, New Jersey, is immediately available. The freestanding, two-story building offers a single-tenant occupancy in a highly desirable location. The suite boasts a private bathroom and features approximately 475 additional square feet on the ground floor, providing ample space for various needs. Benefit from excellent road exposure, multiple access points, and abundant surface parking (12 spaces total). The property also includes basement storage and building signage opportunities. This move-in-ready unit is exceptionally well-maintained and offers flexible configurations to suit diverse businesses. The prestigious Route 1 location provides superior access and visibility, with nearby amenities including hotels, national retailers, dining options, and the Woodbridge Mall. Commuting is a breeze with easy access to the Garden State Parkway, New Jersey Turnpike, Routes 1 & 9, and other major highways. The Metropark train station is conveniently close, and Newark-Liberty International Airport is a short 20-minute drive away. The property is zoned for professional offices and is suitable for a wide range of uses, including medical, dental, legal, financial, and many other professional services. This is a rare opportunity to secure a prime office space in a thriving Central New Jersey location. The APN is 2125003830000000050001.

• CAP approach

  CAP return

  Valuation

  6%

  $504,587

  6.5%

  $465,772

  7%

  $432,503

• Comparable approach

  Method

  Valuation

  Relative Method

  $398,774

  Geo Method

  $398,774

• Alternative Use

  Use

  Valuation

  Residential

  $577,558

  Hospitality

  $529,040

  Educational

  $440,155

  Medical

  $455,293

  Retail

  $684,685

Location Insight

City

Iselin

County

Middlesex

State

New Jersey

Latitude

40.5624

Longitude

-74.3019

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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