2 Quarry LnNorth Brunswick Township, NJ 08902

  • Commercial real estate
  • 1,755 SF
For Lease
$12/SF/YR View listing

Property Details for 2 Quarry Ln

Year built
1930
Lot size
0.89 AC
Property size (Sq ft)
1,755 SF
Zone code
C4
Property type
Commercial real estate
APN
14 00224-0000-00012- 02
APU
140022400000001202

Description

This exceptional North Brunswick Township property, located at 2-8 Quarry Ln, offers a unique blend of industrial and office space. Situated on a two-acre lot zoned Non-Restricted Commercial (C-4), this single-tenant property provides unparalleled flexibility. The property includes a recently renovated 1,755 square foot office space, ideal for administrative needs, complementing the expansive yard area. Its strategic location in the Brunswick/Exit 9 Submarket offers excellent accessibility, with convenient proximity to major transportation arteries. Just ten minutes from Route 1 and fifteen minutes from I-95, this location ensures seamless connectivity for businesses. The property is available immediately and features flexible lease terms to accommodate diverse business requirements. A Matterport virtual tour and brochure are available for detailed viewing. This is an outstanding opportunity for businesses seeking a versatile and strategically located space in the thriving North Brunswick area. The property's address is 2 Quarry Ln, North Brunswick Township, NJ 08902, and is situated near Georges Rd and Renaissance Blvd N SW. The property type includes Office, Industrial, and Land.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $328,841
    6.5%
    $303,546
    7%
    $281,864
  • Comparable approach

    Method
    Valuation
    Relative Method
    $229,308
    Geo Method
    $229,308
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $597,612
    Retail / Commercial
    $306,452
    Mixed-Use / Specialty
    $305,360
    Hospitality / Lodging
    $224,033
    Office
    $303,546
    Institutional / Educational
    $317,451
    Residential Income
    $371,418
    Multifamily
    $445,458
    Automotive / Energy
    $272,101
    Parking / Income-Based Land
    $93,898.70
    Restaurant / Food Service
    $158,820
    Healthcare / Senior Housing
    $313,141

Location Insight

City
North Brunswick
County
Middlesex
State
New Jersey
Latitude
40.4244
Longitude
-74.4957
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
$10,373
$98,900
$73,700
$172,600
-
$98,900
$73,700
$172,600

FAQs

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