Updated Office Building with
113 Tindall Road, Middletown, NJ 07748
COMMERCIAL - Middletown, NJ
Type:Office
Property size:
4,089 SFLot size:
0.68 AcresPrice / SF:
$305/SF- Added:
- Feb 24, 2026
- Days on Market:
- 98
- Last Refresh:
- Jun 2 at 7:06 am
Property Features for 113 Tindall Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking
- 30
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 32-00642-0000-00006-03
- Size
- 4,089 SF
- Lot size
- 0.68 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 18262
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1908
- Floors in Building
- 2
Listing agent Jane Mueller (732) 257-3500
Listing office RE/MAX First Realty 33 Brunswick Woods Drive, NJ (732) 257-3500
Listing date Feb 24, 2026
MLS# 22604733
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Excellent visibility and prominent location with convenient access to Red Bank, Long Branch, and Newark Liberty International Airport.
- Well‑designed, highly functional layout suitable for a variety of professional uses.
- Approximately 60 parking spaces available.
- Updated with recessed lighting and newer HVAC and electrical systems.
- Four‑car garage space for storage or potential income.
- Original hardwood flooring and woodwork provide charm and character.
Overview
The property at 113 Tindall Road is a two-story professional office building with visibility. Originally constructed as a farmhouse in the late 1700s, the building retains original hardwood flooring and woodwork. The original building footprint has been expanded and modernized with recessed lighting and newer HVAC and electrical systems. The first floor features a reception area, several large private offices, a conference room, and a kitchen. The second floor includes additional private offices, open workspace areas, and a large multi-purpose conference or training room. Restrooms are located on both levels. The building includes two attached two-car garages, for a total of four garages, that offer storage space or potential supplemental income. There is a partial basement and attic. The lot has approximately 60 parking spaces shared with the adjacent building. The building is suited for accounting, legal, insurance, consulting, sales, and other professional and general office uses. The property is located in Middletown, NJ, and offers access to the business districts of Red Bank and Long Branch to the south, along with connectivity to the north. Newark Liberty International Airport is approximately a 50-minute drive. The property contains 4089 square feet and sits on a 0.68-acre lot.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.7k | $30.00 |
| − Vacancy | −$39.3k | −$9.60 |
| EGI | $83.4k | $20.40 |
| − OpEx | −$20.9k | −$5.10 |
| NOI | $62.6k | $15.30 |
4,089 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$893.7K
$782.0K – $1.04M
NOI $62,562 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$934.3K – $1.25M
NOI $74,740 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.100796
- Latitude
- 40.407554
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Two-story office building with versatile layout and ample parking.
Where is this office building located?
The property is located at 113 Tindall Road Middletown, NJ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Excellent visibility and prominent location with convenient access to Red Bank, Long Branch, and Newark Liberty International Airport.; Well‑designed, highly functional layout suitable for a variety of professional uses.; Approximately 60 parking spaces available.
