Two-Story Professional Office
113 Tindall Road Middletown, NJ 07748
113 Tindall Road, Middletown, NJ, 07748
$1,250,000
Pending
For Sale
$1,250,000
Pending
COMMERCIAL - Middletown, NJ
Property Size4,089 SF
Lot Size0.68 Acres
Days on Market143
Property Features for 113 Tindall Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking
- 30
- Parking features
- Parking Lot
- Standard status
- Pending
- 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 Agency
RE/MAX First Realty
(732) 257-3500
33 Brunswick Woods Drive, NJ
Listed by
Jane Mueller
(732) 257-3500
Added: Feb 24 Checked: Jul 17 at 11:06 am
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.
Investment Insights
Based on property information with market context.
113 Tindall Road is an updated two-story professional office building with a functional floor plan for a range of professional uses. The property retains select original hardwood flooring and woodwork, while the expanded footprint has been modernized with recessed lighting and newer HVAC and electrical systems. The first floor offers a reception area, several large private offices, a conference room, and a kitchen, with restrooms conveniently located on the same level. The second floor includes additional private offices, open workspace or bullpen areas, and a very large multi-purpose conference or training room, with restrooms on both levels for day-to-day convenience. A partial basement and attic provide additional utility space.
The building includes two attached two-car garages (four total garages) that can support storage needs or other supplemental use. Approximately 60 parking spaces are available on the lot, shared with the adjacent building, supporting employee and visitor parking. The property is positioned in Middletown, with access to nearby business districts to the south and regional connectivity to the north via Newark Liberty International Airport.
This property is well suited for accounting, legal, insurance, consulting, sales, and other general professional office operations that benefit from a mix of private offices, collaborative bullpen-style work areas, and larger meeting or training space. The garage and shared parking provide practical support for both staff and visiting clients.
The building includes two attached two-car garages (four total garages) that can support storage needs or other supplemental use. Approximately 60 parking spaces are available on the lot, shared with the adjacent building, supporting employee and visitor parking. The property is positioned in Middletown, with access to nearby business districts to the south and regional connectivity to the north via Newark Liberty International Airport.
This property is well suited for accounting, legal, insurance, consulting, sales, and other general professional office operations that benefit from a mix of private offices, collaborative bullpen-style work areas, and larger meeting or training space. The garage and shared parking provide practical support for both staff and visiting clients.
Key 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.
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 Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Updated office building with private offices, open workspace, multiple conference rooms, and convenient on-site 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.
