Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • 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

    1900 Route 37, Unit 3 Manchester, NJ 08759

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Manchester, NJ

    Property size:
    1,250 SF
    Lot size:
    1.20 Acres
    Days on Market:
    10
    Last Refresh:
    Feb 1 at 7:06 pm

    Property Features for 1900 Route 37

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    19-00041-10-00026-01
    Parking
    25
    Parking features
    Parking Lot
    Interior features
    Handicapped
    Exterior features
    Display Window, Lighting
    Accessibility
    Accessible Approach with Ramp
    Size
    1,250 SF
    Lot size
    1.20 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2009
    Floors in Building
    1
    Flooring type
    Concrete, Tile
    Building materials
    Concrete, Stucco
    Roof type
    Flat

    We can help!

    Listing Contact
    Jacquelyn Mery

    O'Brien Realty, LLC (732) 229-3532

    Listing agent Jacquelyn Mery (732) 229-3532

    Listing date Jan 23, 2026

    MLS# 22601981

    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.

    Learn more

    Property Insight Report

    Overview

    Retail Space in Pine Lake Park

    This commercial space, located in the well-established Pine Lake Park Plaza in Manchester, NJ, presents a leasing opportunity suitable for restaurant, hospitality, or retail concepts. Unit 3 offers approximately 1,250 square feet and can be leased independently or combined with Units 1 & 2. The flexible zoning accommodates various uses, including restaurants, franchises, retail stores, insurance offices, and florists. The tenant is responsible for electric, gas, and a proportionate share of snow removal, water, and sewer costs. The property is situated on a 1.2-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.275407
    Latitude
    39.994883

    Nearby Similar for Lease

    • Contact for pricing
      1,276 SF

      Professional Office Suite For Rent

      750 sq ft office suite in high-traffic Manchester Township.
      2048 Unit, Manchester, NJ 08759
      View Details
    • New
      Contact for pricing
      52,272 SF

      Restaurant Space in Pine Lake Park

      Restaurant space with liquor license opportunity in Manchester, NJ.
      1900 Unit 1 & 2, Manchester, NJ 08759
      View Details
    • Contact for pricing
      10,466 SF

      Manchester Office Space For Lease

      Office space for lease in multi-tenant building.
      2002 Unit, Manchester, NJ 08759
      View Details
    • Contact for pricing

      Office Space For Lease

      Office space available in a multi-tenant building.
      2002 Route 70, Manchester, NJ 08759
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime retail opportunity in Manchester, NJ, with flexible zoning.
    Where is this retail space located?
    The property is located at 1900 Route 37, Unit 3 Manchester, NJ.
    What are key features of this property?
    This property features: - Prime location in the well-established Pine Lake Park Plaza.; - Flexible zoning supports a wide range of uses (restaurant, retail, office, etc.).; - No CAM charges.
    (732) 229-3532
    Request Owner's contact information
    1900 Route 37, Unit 3 Manchester, NJ 08759
    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.
    1900 Route 37, Unit 3
    Manchester, NJ 08759
    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
    1900 Route 37, Unit 3 Manchester, NJ 08759
    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

    We can help!
    Listing Contact
    Jacquelyn Mery
    (732) 229-3532
    Learn more
    Google sign-in failed. Please try again or use another login method.