Renovated Office/Retail Building on
2597 Hooper Avenue Brick, NJ 08723
2597 Hooper Avenue, Brick, NJ, 08723
$575,000
For Sale
$575,000
COMMERCIAL - Brick, NJ
Property Size1,700 SF
Price / SF$338.24
Days on Market259
Property Features for 2597 Hooper Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- On Street, Parking Lot
- Standard status
- Active
- APN
- 07-00565-0000-00001
- Size
- 1,700 SF
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Floors in Building
- 1
Listing agency
One Real Estate Group, LLC
(732) 663-9898
Listed by
Chaya Klein · License #1649028
(732) 663-9898
Added: Nov 6, 2025 Updated: Apr 16 at 12:34PM Checked: Jul 23 at 9:06AM
MLS# 22533697
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 renovated office/retail building features frontage on Hooper Avenue. The property provides over 1,200 square feet on the main level, with an additional 500 square feet of finished storage space on the second floor. On-site parking is available. The property is suitable for professional offices, retail, or service businesses. Residential use is also permitted, offering flexibility for owner-occupants or investors.
Key Highlights
- Prime location with outstanding frontage on Hooper Avenue
- Move‑in‑ready condition with modern upgrades
- Versatile layout suitable for office, retail, service, or residential use
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 | $51.0k | $30.00 |
| − Vacancy | −$16.3k | −$9.60 |
| EGI | $34.7k | $20.40 |
| − OpEx | −$8.7k | −$5.10 |
| NOI | $26.0k | $15.30 |
1,700 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$371.6K
$325.1K – $433.5K
NOI $26,010 @ 7.0% cap · market cap 4.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$443.9K
$388.4K – $517.9K
NOI $31,073 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Move-in-ready office/retail building with frontage on Hooper Avenue.
Where is this office building located?
The property is located at 2597 Hooper Avenue Brick, NJ.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Prime location with **outstanding frontage on Hooper Avenue**; **Move‑in‑ready condition with modern upgrades**; Versatile layout suitable for office, retail, service, or residential use
