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Two- Building Office Property

3321 Doris Avenue Asbury Park, NJ 07712

3321 Doris Avenue, Asbury Park, NJ, 07712
$2,850,000
For Sale
$2,850,000

COMMERCIAL - Ocean Twp, NJ

Property Size11,000 SF
Lot Size1.14 Acres
Price / SF$259.09
Days on Market64

Property Features for 3321 Doris Avenue

General Information

Property type
Commercial Sale
Property subtype
Office
Parking
50
Parking features
Parking Lot, Off Street, Open
Standard status
Active
APN
37-00209-0000-00005
Size
11,000 SF
Lot size
1.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
19647

Utilities

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

Building Details

Year built
1951
Floors in Building
2
Listing Agency Monmouth County Homes Realty
3321 Doris Avenue Suite 4, Ocean, NJ
Listed by Helene Mehani · License #0673399
Added: May 14 Checked: Jul 16 at 11:06 pm
MLS# 22614284

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 for-sale office property consists of two buildings located on the same lot at 3321 Doris Avenue in Ocean Township, NJ. The total property size is approximately 11,000 square feet, set on a lot measuring approximately 1.14 acres.

The offering provides a straightforward setup for an owner seeking to control multiple office structures within one assemblage. The buildings are together at one address, simplifying site management and allowing continuity of operations across the two structures.

Additional details on building configuration, current tenancy, and interior improvements are not provided in the available information, and should be confirmed during due diligence.

Key Highlights

  • 2 buildings on the same lot
  • Year built: 1951
  • Forced air heating and central air cooling

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 $330.0k $30.00
− Vacancy −$105.6k −$9.60
EGI $224.4k $20.40
− OpEx −$56.1k −$5.10
NOI $168.3k $15.30
11,000 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.40M
$2.10M – $2.81M (±1% cap)
NOI $168,300 @ 7.0% cap · market cap 5.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.87M
$2.51M – $3.35M (±1% cap)
NOI $201,062 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Real Estate Agency Hair Salon Storage Facility Hotel & Motel (Bike/Boat/Book/etc) Store Garden Center Veterinary Clinic Kitchen & Bath Showroom Building Supply Nail Salon

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

FAQs

What type of property is this?
Office building - For sale office property featuring two buildings on a single lot in Ocean Township, NJ.
Where is this office building located?
The property is located at 3321 Doris Avenue Asbury Park, NJ.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 2 buildings on the same lot; Year built: 1951; Forced air heating and central air cooling
Contact an agent
More about this property
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