Property

East Brunswick, NJ 08816 281 Summerhill Road

281 Summerhill Road East Brunswick, NJ - Image 1281 Summerhill Road East Brunswick, NJ - Image 2281 Summerhill Road East Brunswick, NJ - Image 3
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281 Summerhill Road East Brunswick, NJ - Image 4281 Summerhill Road East Brunswick, NJ - Image 5
Presented By: DAVIS REALTORS
  • MLS# 2413622R
  • 06/20/2024
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  • SQFT • 16,028

Home Details

FOR SALE: Freestanding 16,028 SF Office Building on 1.56 Acres. 281 Summerhill Rd. Presents a unique opportunity to purchase a fully leased and cash-flowing investment property in East Brunswick, NJ. The property is located at the intersection of Summerhill Rd, Ryders Lane, and Rues Lane, and is across from the Brunswick Square Mall. It is minutes from Routes 18, 9, and 516, with quick access to the NJTP Exit 9. The property is an ideal investment opportunity with stable leases in place and recent capital improvements completed. There are a total of 16 Tenant Spaces, which are all currently leased. The tenants are a mixture of medical, dental, and professional users. Spaces range in size from approx. 500SF- 2,000SF. The property is easy to manage and provides consistent and stable income. Ideal for any investor or 1031 exchange. Property Features: 16,028 SF on 2 Levels 1.56 Acres with two entrances from Summerhill Rd and one from Ryders Lane. Parking for +80 Cars On-Site 16 Tenant Spaces which are all leased Improvements: Newer Roof, Upgraded HVAC and LED Parking Lights Potential to Expand Existing Building by another 5K SF Private Bathrooms in Each Space Zoned OPC2 (Office Professional) permits all office and medical uses. Real Estate Taxes: $56,322 per year Asking $3,333,000 Investment details including rent roll and income/ expenses available upon request. Please contact Broker for more information or to schedule a site visit.
Presented By: DAVIS REALTORS

Interior Features for 281 Summerhill Road

Bathrooms

Half Baths0
Total Baths

Other Interior Features

FlooringCarpet, Ceramic Tile, Composition Tile
Heating Y/NYes
Total Stories2

General for 281 Summerhill Road

CityEast Brunswick
Close Price
CoolingCentral Air
CountyMiddlesex
Full Baths
Gas Y/NNatural Gas
HeatingForced Air
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet67954
MaintenanceExpense
ModificationTimestamp2024-06-20T08:23:52.000Z
NumberOfUnitsTotal
Property SubtypeCommercial
Property TypeCommercial Sale
RoofRubber
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories2
Structure TypeOffice
Tax Annual Amount56099
Tax Year2022
UtilitiesElectricity Connected, Natural Gas Connected
Year Built1975
ZoningOP1

Exterior for 281 Summerhill Road

Building Area Total16028
Lot Dimensions0.00 x 0.00
Lot FeaturesHighway Location
Lot Size Acres1.56
Lot Size Area1.56
Total Parking80
Water SourcePublic

Additional Details

Price History

Charles Torres

Owner
Price $3,333,000
MLS#2413622R
List Date 06/20/2024
Property Type Commercial
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