South Bound Brook office building sold to municipality for $1.1 million, Deluccia says

Jan 12, 2023 | Deals, Office

117 Canal Road in South Bound Brook — Courtesy: Deluccia Commercial Group

By Joshua Burd

The Borough of South Bound Brook has purchased an 8,300-square-foot office building in the municipality, in a newly announced deal by Deluccia Commercial Group.

In a news release, the firm said the borough paid $1.1 million for the complex at 117 Canal Road. The building is a block from the municipal offices and in an area zoned for retail and professional office uses, while it’s less than a mile from Interstate 287.

Tim Deluccia represented both the seller, 117 Canal Road Realty LLC, and the buyer.

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Joshua Burd

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for 13 years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.