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Versatile Retail and Office Space

359 Rt 34 Old Bridge, NJ 07747

359 Rt 34, Old Bridge, NJ, 07747
$429,000
For Sale
Under Contract
$429,000

COMMERCIAL - Old Bridge, NJ

Property Size1,116 SF
Price / SF$384.41
Days on Market126

Property Features for 359 Rt 34

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
CC
Bathrooms
1
Rooms
Bathroom 1
Parking
8
Standard status
Active Under Contract
APN
1503231000000012
Size
1,116 SF

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
10742

Utilities

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

Building Details

Floors in Building
1
Flooring type
Carpet
Building materials
Vinyl Siding
Roof type
Composition
Listing agency KELLER WILLIAMS CITY LIFE
Listed by Jose Sanchez · License #1536927
Added: Mar 19 Updated: Jul 17 at 1:43PM Checked: Jul 22 at 4:06AM
MLS# 2611849R

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 commercial property offers flexible space suited for office, retail, or service-based business use. The listing size is 1,116 square feet, and the property is identified under zoning CC.

The site is located at 359 Rt 34 in Old Bridge, New Jersey, and the property is positioned along Route 34. Public remarks indicate it is surrounded by residential neighborhoods, with access intended to serve both local customers and commuters.

For-sale availability makes this a straightforward option for buyers seeking a versatile commercial footprint in a CC-zoned location.

Key Highlights

  • Strategic location on Route 34, providing easy access for local customers and commuters.
  • Versatile commercial space suitable for office, retail, or service‑based businesses.
  • Located in a high‑demand area surrounded by residential neighborhoods.

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 $33.5k $30.00
− Vacancy −$10.7k −$9.60
EGI $22.8k $20.40
− OpEx −$5.7k −$5.10
NOI $17.1k $15.30
1,116 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$243.9K
$213.4K – $284.6K (±1% cap)
NOI $17,075 @ 7.0% cap · market cap 3.98%
Second Best
Retail
$227.6K
$199.1K – $265.5K (±1% cap)
NOI $15,929 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$291.4K
$255.0K – $340.0K (±1% cap)
NOI $20,399 @ 7.0% cap · market cap 4.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

FAQs

What type of property is this?
Retail space - Commercial space on Route 34 in Old Bridge offers flexible buildout options for office, retail, or service uses.
Where is this retail space located?
The property is located at 359 Rt 34 Old Bridge, NJ.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Strategic location on Route 34, providing easy access for local customers and commuters.; Versatile commercial space suitable for office, retail, or service‑based businesses.; Located in a high‑demand area surrounded by residential neighborhoods.
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