Live-Work Property with Detached
176 Old Forge Road Monroe, NJ 08831
For Sale
Under Contract
$1,250,000
COMMERCIAL - Monroe, NJ
Property Size3,024 SF
Lot Size1.84 Acres
Price / SF$413.36
Days on Market187
Property Features for 176 Old Forge Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R60
- Parking
- 10
- Parking features
- Garage
- Standard status
- Active Under Contract
- APN
- 12001065200022
- Size
- 3,024 SF
- Lot size
- 1.84 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 12973
Utilities
- Sewer type
- Septic Tank
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1977
- Floors in Building
- 1
- Flooring type
- Carpet, Tile - Ceramic
- Building materials
- Brick
- Roof type
- Asphalt
Listing Agency:
MID-STATE REALTY
(732) 251-8900
Listed By:
John Profaci · License #9231545
(732) 251-8900
Added: Jan 19
Changed: Jul 7
Last Checked: Jul 25 at 5:06AM
MLS# 2661144M
Copyright © 2026 All Jersey 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.
This live-work and mixed-use property includes an improved single-family home with additional on-site business functionality. A key feature is a detached 42' x 72' garage, well-suited for equipment storage, vehicles, and workshop or contractor operations. The overall site provides yard space intended to support active trades and hands-on work.
The property is located at 176 Old Forge Road in Monroe, New Jersey, on a site listed at approximately 1.8 acres. Zoning is identified as R60. The combination of a residence and a large detached structure supports an owner-user setup where day-to-day operations can be managed on site.
The configuration is especially practical for a landscaping company, small contractor, or tradesperson seeking space to store equipment and run operational needs alongside a home-based office or live-work arrangement. For buyers and tenants considering an owner-user model, the detached garage’s size and the availability of yard space are central to the property’s fit.
The property is located at 176 Old Forge Road in Monroe, New Jersey, on a site listed at approximately 1.8 acres. Zoning is identified as R60. The combination of a residence and a large detached structure supports an owner-user setup where day-to-day operations can be managed on site.
The configuration is especially practical for a landscaping company, small contractor, or tradesperson seeking space to store equipment and run operational needs alongside a home-based office or live-work arrangement. For buyers and tenants considering an owner-user model, the detached garage’s size and the availability of yard space are central to the property’s fit.
Key Highlights
- Approximately 1.8‑acre property with yard space for business operations
- Detached 42' x 72' garage for equipment storage, vehicles, or workshop use
- Single‑family home with office or live‑work potential
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 | $90.7k | $30.00 |
| − Vacancy | −$29.0k | −$9.60 |
| EGI | $61.7k | $20.40 |
| − OpEx | −$15.4k | −$5.10 |
| NOI | $46.3k | $15.30 |
3,024 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$661.0K
$578.3K – $771.1K
NOI $46,267 @ 7.0% cap · market cap 3.70%
Second Best
Industrial
$484.9K
$424.3K – $565.7K
NOI $33,942 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$789.6K
$690.9K – $921.2K
NOI $55,274 @ 7.0% cap · market cap 4.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ocean Coast Electric
Electrical Service
Broadway Electrical Contractor
Electrical Service
FAQs
What type of property is this?
Mixed-use property - Property offers a detached garage for trades and business storage, paired with a single-family home for flexible use.
Where is this mixed-use property located?
The property is located at 176 Old Forge Road Monroe, 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: Approximately 1.8‑acre property with yard space for business operations; Detached 42' x 72' garage for equipment storage, vehicles, or workshop use; Single‑family home with office or live‑work potential
