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186 Center St 22,000 SF 86% Leased Office Building Clinton Township, NJ 08809 $5,200,000 ($236.36/SF)
EXECUTIVE SUMMARY
High visibility site with nearly 100% occupancy over past 25+ years. Great retail tenants. Steady office tenancy. Recent upgrades including roof, lighting, landscaping, pavement, etc. Owner wishes to retire.
FINANCIAL SUMMARY (ACTUAL - 2023) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2023) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
22,000 SF
Building Class
B
Year Built
1992
Price
$5,200,000
Price Per SF
$236.36
Percent Leased
86%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,000 SF
Building FAR
0.16
Lot Size
3.21 AC
Zoning
C1 - Business, Medical, Retail
AMENITIES
- Air Conditioning
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Beautiful space set up as an accountant's office or an attorney's office.
- 2nd Floor
- 1,500 SF
- Office/Medical
- Full Build-Out
- Now
The previous tenant, who had been there for 20 years, is retiring, and it is currently used as a counseling office.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 800 SF | Office | Full Build-Out | Now |
| 2nd Floor | 1,500 SF | Office/Medical | Full Build-Out | Now |
| 2nd Fl-Ste 220 | 700 SF | Office/Medical | Full Build-Out | Now |
2nd Floor
| Size |
| 800 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 1,500 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 220
| Size |
| 700 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size | 800 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Beautiful space set up as an accountant's office or an attorney's office.
2nd Fl-Ste 220
| Size | 700 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
The previous tenant, who had been there for 20 years, is retiring, and it is currently used as a counseling office.
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PROPERTY TAXES
| Parcel Number | 06-00076-0000-00001 | Total Assessment | $3,671,200 (2025) |
| Land Assessment | $1,444,500 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $2,226,700 (2025) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
06-00076-0000-00001
Land Assessment
$1,444,500 (2025)
Improvements Assessment
$2,226,700 (2025)
Total Assessment
$3,671,200 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
The Hunterdon Group
186 Center St
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