622 Georges RdNorth Brunswick Township, NJ 08902

Property Details for 622 Georges Rd

Year built

1989

Lot size

6.91 AC

Property size (Sq ft)

1,461 SF

Zone code

C1

Property type

Office properties

Property subtype

Other office properties

APN

14 00203-0000-00012- 101

APU

1400203000000012101

Description

This exceptional Class A office space, located at 622 Georges Road #1 in North Brunswick Township, New Jersey (08902), presents a unique investment opportunity. The property, situated on a 10.6 sq ft lot, features a two-story building with a single tenant occupancy. The 1,600 square foot building is zoned C1 and boasts ample parking with 100 spaces available. Currently configured for medical use, the space is move-in ready and adaptable to a variety of office uses. The interior includes five exam rooms, each equipped with a sink and cabinets, a private administrative office, a spacious waiting/reception area, and private restrooms. Security features include a secured front door with a combination lock. The property's convenient location within North Brunswick's business district offers excellent accessibility and visibility. This is an ideal opportunity for businesses seeking a well-maintained, functional, and conveniently located office space. The property's APN is 1400203000000012104. This turnkey solution requires minimal upfront investment, allowing for immediate occupancy and operational efficiency. Don't miss this chance to acquire a highly desirable commercial property in a thriving New Jersey market.

• CAP approach

  CAP return

  Valuation

  6%

  $241,547

  6.5%

  $222,966

  7%

  $207,040

• Comparable approach

  Method

  Valuation

  Relative Method

  $190,894

  Geo Method

  $190,894

• Alternative Use

  Use

  Valuation

  Residential

  $276,478

  Hospitality

  $253,253

  Educational

  $210,703

  Medical

  $217,950

  Retail

  $327,761

Location Insight

City

North Brunswick

County

Middlesex

State

New Jersey

Latitude

40.4692

Longitude

-74.4514

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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