Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1500 State Route 34 Wall, NJ 07753

    View on Map
    New
    For Sale
    $999,900

    COMMERCIAL - Wall, NJ

    Lot size:
    2.83 Acres
    Added:
    Mar 30, 2026
    Days on Market:
    2
    Last Refresh:
    Mar 31 at 5:06 pm

    Property Features for 1500 State Route 34

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    52-00931-0000-00022
    Lot size
    2.83 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    8063

    We can help!

    Listing Contact
    Jamie Paradise
    Jamie Paradise

    Listing agent Jamie Paradise License #336173

    Listing office RE/MAX Bay Point Realtors 526 Bay Avenue, Point Pleasant Beach, NJ

    Listing date Mar 30, 2026

    MLS# 22608404

    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.

    Overview

    Highway 34 Frontage Land

    This commercial property features over 1,000 feet of frontage along Highway 34, situated between Megill Rd and Belmar Blvd. The 2.83-acre lot is zoned Office Park (OP-2), permitting a variety of uses including medical clinics, emergency care facilities, laboratories, research, development & testing, medical & corporate offices, rehabilitation & physical fitness facilities, senior/child day-care, vocational schools, and restaurants. The location benefits from high traffic volume and exposure, with convenient access to major roadways such as the Garden State Parkway, I-95, and Routes 138, 18, and 33.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Pharmacy Auto Repair Shop Skin Care Clinic Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wall
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.121218
    Latitude
    40.202881

    Nearby Similar for Sale

    • $350,000
      1,194 SF

      Turn-Key Professional Office Suite

      Recently renovated office suite in prime Wall Township location.
      1540 State Route 138 unit: 106, Wall, NJ 07719
      View Details
    • $350,000
      1,194 SF

      Turn-Key Professional Office Suite

      Professional suite in Wall Township with flexible floorplan.
      1540 State Route 138 unit: 108, Wall, NJ 07719
      View Details
    • $329,999

      Established Organic Cafes For Sale

      Two established organic cafes in Wall and Red Bank.
      1861 35, Wall, NJ 07719
      View Details
    • $1,400,000
      8,638 SF

      Wall, NJ Land Opportunity

      18.5 acres in Wall Township with development potential.
      2641 E Hurley Pond Road, Wall, NJ 07719
      View Details
    • $479,000

      Wooded Homesite in Wall Township

      1.73 acre wooded homesite ready for building in Wall, NJ.
      1826 New Bedford Road, Wall, NJ 07719
      View Details
    • $199,900

      Vacant Land in Wall Township

      0.73 acre vacant lot in Wall Township, New Jersey.
      1640 Martin Road, Wall, NJ 07753
      View Details
    • $410,000

      Residential Land in Wall, NJ

      1.37 acre residential lot in desirable North Wall.
      2450 Ridgewood Road, Wall, NJ 07719
      View Details
    • $1,400,000
      8,638 SF

      Wall Township Land Opportunity

      Six acres of R60 zoned land in Wall Township.
      2641 E Hurley Pond Road, Wall, NJ 07719
      View Details
    • $550,000

      Land in Desirable Wall Location

      Over two acres of land ready for your dream home.
      1628 Woodfield Avenue, Wall, NJ 07753
      View Details
    • $1,700,000

      Wall Township Land Opportunity

      8.52 acre lot near Jersey Shore beaches.
      2030 Baileys Corner Road, Wall, NJ 07719
      View Details
    • $999,900

      Highway 34 Frontage Land Available

      Prime commercial land with extensive highway frontage and high traffic.
      1500 State Route 34, Wall, NJ 07753
      View Details
    • $2,850,000

      Wall Township Land Opportunity

      22+/- acres in Wall Township with redevelopment potential.
      2127 Allenwood Road, Wall, NJ 07719
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.83 acres of commercial land with extensive highway frontage.
    Where is this commercial land located?
    The property is located at 1500 State Route 34 Wall, NJ.
    What is the asking price?
    The asking price for this property is $999,900.
    What are key features of this property?
    This property features: Over 1,000 feet of frontage on Highway 34.; Office Park (OP‑2) zoning allows for diverse uses such as Medical Clinics, Offices, and Restaurants.; High traffic volume and exposure.
    (732) 899-8202
    We can help!
    Listing Contact
    Jamie Paradise
    Jamie Paradise
    Real Estate License ID: 336173
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!