623 Georges RdNorth Brunswick Township, NJ 08902

Property Details for 623 Georges Rd

Year built

1920

Lot size

0.38 AC

Property size (Sq ft)

4,720 SF

Zone code

C1

Property type

Office properties

Property subtype

Office buildings

APN

14 00204-0000-00006

APU

1400204000000006

Description

This exceptional 1,000 square foot executive office space is situated in North Brunswick Township, New Jersey, at 623 Georges Rd #B4 (APN: 1400204000000006). The property is zoned C1 and features a convenient single-tenant occupancy within a three-story building. The unit itself is a clean and modern second-floor office, boasting ample natural light and a comfortable working environment. Shared restrooms are conveniently located within the building, and all utilities, including gas heat and central air conditioning, are included in the lease. The property offers significant parking convenience with 20 spaces available in an open lot. This location benefits from its position on a well-traveled street, ensuring high visibility and easy accessibility for clients and employees. The lot size is 0.382 square feet. This is an ideal opportunity for businesses seeking a functional and well-maintained office space in a desirable North Brunswick location. The property is easily accessible from major roadways, making commuting a breeze. This turnkey solution eliminates the need for extensive renovations or upgrades, allowing businesses to focus on their core operations. The building consists of a single suite.

• CAP approach

  CAP return

  Valuation

  6%

  $780,357

  6.5%

  $720,330

  7%

  $668,877

• Comparable approach

  Method

  Valuation

  Relative Method

  $616,715

  Geo Method

  $616,715

• Alternative Use

  Use

  Valuation

  Residential

  $893,209

  Hospitality

  $818,174

  Educational

  $680,711

  Medical

  $704,122

  Retail

  $1,058,884

Location Insight

City

North Brunswick

County

Middlesex

State

New Jersey

Latitude

40.4694

Longitude

-74.4521

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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