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1215 Livingston Ave 19,000 SF 100% Leased Office Building North Brunswick, NJ 08902 $1,875,000 ($98.68/SF) 7.65% Cap Rate
Investment Highlights
- Fully Occupied with Value-Add Opportunity
- Well-Maintained, Elevator-Serviced Building
- 50 Parking Spaces
Executive Summary
Well-maintained, elevator-served office building offered at a 7.65% cap rate on current income of $143,460 NOI.
The property is 100% occupied across 17 suites, providing investors with immediate cash flow and potential value-add opportunity.
Located in North Brunswick Township's established General Office corridor, the building benefits from strong regional demand and consistent tenant retention. Current rents are have not been aggressively increased, presenting a potential opportunity for investors to achieve a higher NOI. Prospective buyers are encouraged to independently verify current market rents and conduct their own underwriting.
A well-performing, income-producing asset with potential value-add opportunity, in a proven Central New Jersey office market.
The property is 100% occupied across 17 suites, providing investors with immediate cash flow and potential value-add opportunity.
Located in North Brunswick Township's established General Office corridor, the building benefits from strong regional demand and consistent tenant retention. Current rents are have not been aggressively increased, presenting a potential opportunity for investors to achieve a higher NOI. Prospective buyers are encouraged to independently verify current market rents and conduct their own underwriting.
A well-performing, income-producing asset with potential value-add opportunity, in a proven Central New Jersey office market.
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
19,000 SF
Building Class
B
Year Built/Renovated
1970/2010
Price
$1,875,000
Price Per SF
$98.68
Cap Rate
7.65%
NOI
$143,460
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,405 SF
Building FAR
0.45
Lot Size
0.98 AC
Zoning
GO - GO-General Office: https://ecode360.com/8533198
Parking
54 Spaces (2.84 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dave & Patel Construction
- -
- -
- -
-
Lorem Ipsum
-
Jan 0000
- Dave Shetell
- Construction
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- NJ Forklift LLC
- Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Rapid Infotech Solutions
- Professional, Scientific, and Technical Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dave & Patel Construction | - | - | - | Lorem Ipsum | Jan 0000 | |
| Dave Shetell | Construction | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| NJ Forklift LLC | Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Rapid Infotech Solutions | Professional, Scientific, and Technical Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste 7
- 1,121 SF
- Office
- Shell Space
- Now
Fully furnished Excellent Condition
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 7 | 1,121 SF | Office | Shell Space | Now |
| 2nd Fl-Ste 201 | 1,000 SF | Office | Full Build-Out | Now |
1st Fl-Ste 7
| Size |
| 1,121 SF |
| Space Use |
| Office |
| Build-Out |
| Shell Space |
| Available |
| Now |
2nd Fl-Ste 201
| Size |
| 1,000 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 201
| Size | 1,000 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Fully furnished Excellent Condition
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $765,200 | |
| Land Assessment | $184,800 | Total Assessment | $950,000 |
Property Taxes
Parcel Numbers
Land Assessment
$184,800
Improvements Assessment
$765,200
Total Assessment
$950,000
1 of 27
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
1215 Livingston Ave