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Victorian Office Building
For Sale
$574,900

182 N Main Street, Manahawkin, NJ 08050

Commercial Sale, Manahawkin, NJ

Property Size1,860 SF
Lot Size0.17 Acres
Price / SF$309.09
Days on Market48

Property Features for 182 N Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Rooms Basement
Parking 6
Basement Full
Lot features Highway Frontage
Directions From Garden State Parkway, take Exit 63 toward Route 72 East. Continue to Route 9 North. Property is approximately 1 block north of Route 72 on the left.
Subdivision Manahawkin
Standard status Active
APN 31-00059-0000-00002
Size 1,860 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6101

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

high ceilings
wide doorways
handicap access
oversized backyard shed

Building Details

Year built 1865
Floors in Building 2
Flooring type Wood
Roof type Shingle
Listing Agency: Keller Williams Shore Properties · Keller Williams Realty
Listed By: David Lazaro · License #1970165
Added: Aug 21 Changed: Oct 2 Last Checked: Oct 7 at 1:06AM
MLS# 22626314

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.

This 1,860-square-foot office building on a 0.17-acre parcel offers seven rooms, high ceilings, wide doorways, wood flooring, and Victorian-era character dating to 1865. Recent improvements include fresh paint, new siding, and replacement windows. Central air and forced-air heat support year-round occupancy, while the property also includes a basement and an oversized backyard shed for storage.

The building fronts Route 9 in Stafford Township, providing access to a prominent regional roadway. A side ramp accommodates handicap access, and the gravel driveway provides approximately 4–6 parking spaces. Public water and public sewer serve the property.

Key Highlights

  • 1,860 SF office building on a 0.17‑acre parcel
  • Seven‑room layout with high ceilings and wide doorways
  • Victorian character with a 1865 year built

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,458
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,160 $569.2K
Cap Rate 7%
$406,543 $406.5K
Cap Rate 9%
$316,200 $316.2K
Market Conditions
NOI Build-Up for 1,860 SF
Gross rent
$55.8K $30.00/SF
− Vacancy
−$17.9K −$9.60/SF
EGI
$37.9K $20.40/SF
− OpEx
−$9.5K −$5.10/SF
NOI
$28.5K $15.30/SF
Area
Ocean County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,160
Cap Rate 7%
$406,543
Cap Rate 9%
$316,200

Alternative Uses

Best Use
Office B
$406.5K
$355.7K – $474.3K (±1% cap)
NOI $28,458 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$485.7K
$425.0K – $566.6K (±1% cap)
NOI $33,998 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Law Firm Dental Office Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

Demographics for 08050, NJ

26,507
Population
14,182
Households
1.9
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
30.9 sq mi
ZIP Area
858
Density / Sq Mi
$115,456
Median Household Income
$60,458
Median Earnings
$1,756
Median Rent
$377,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Seven-room commercial layout with central air, wood flooring, and a side ramp for handicap access.
Where is this office building located?
The property is located at 182 N Main Street Manahawkin, NJ.
What is the asking price?
The asking price for this property is $574,900.
What are key features of this property?
This property features: 1,860 SF office building on a 0.17‑acre parcel; Seven‑room layout with high ceilings and wide doorways; Victorian character with a 1865 year built
More about this property
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