637 Georges RdNorth Brunswick Township, NJ 08902

  • Other commercial real estate
  • 3,203 SF
For Sale
$450,000 View listing

Property Details for 637 Georges Rd

Year built
1940
Lot size
0.11 AC
Property size (Sq ft)
3,203 SF
Zone code
C1
Property type
Other commercial real estate
APN
14 00204-0000-00008
APU
1400204000000008

Description

This exceptional mixed-use property, located at 637 Georges Road in North Brunswick Township, New Jersey (08902), presents a unique investment opportunity. The 0.115-acre lot houses a two-story building constructed in 1940, currently configured as a mixed-use space. The property features two distinct office suites. The front office boasts a spacious main area, a private office, and a half-bath. The side office, completely renovated, includes a reception area, a large waiting room, five private offices (each with its own sink), an X-ray room (fully lead-lined), two half-baths, and a shower stall. This office space is ideally suited for medical professionals such as doctors, chiropractors, or physical therapists. Adding to the property's income potential is a three-bedroom residential apartment with a full bath, living room, and eat-in kitchen. The partially finished basement offers additional space and features an outside entry. Many mechanical systems have been recently upgraded. The property is zoned C1 business district, offering flexibility and potential for future development. Asking price is $450,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $606,133
    Hospitality
    $555,214
    Educational
    $461,932
    Medical
    $477,818
    Retail
    $718,561
637 Georges Rd, North Brunswick Township, New Jersey

Location Insight

City
North Brunswick
County
Middlesex
State
New Jersey
Latitude
40.469
Longitude
-74.4524
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
$12,266
$60,000
$144,100
$204,100
-
$60,000
$144,100
$204,100

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