Mixed-Use Income
41 E Main Street, Freehold, NJ 07728
COMMERCIAL - Freehold, NJ
Property size:
9,652 SFLot size:
0.26 AcresPrice / SF:
$238/SF- Added:
- Feb 24, 2026
- Days on Market:
- 99
- Last Refresh:
- Jun 3 at 2:06 pm
Property Features for 41 E Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Offsite, Open, Off Street, On Street, Parking Lot
- Exterior features
- Lighting
- Fireplace
- 1
- Basement
- Full
- Standard status
- Active
- APN
- 16-00040-0000-00007-01
- Size
- 9,652 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 29963
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Electric, Central Air, Window Unit(s)
- Water source
- Public
Building Details
- Floors in Building
- 2
- Building materials
- Brick, Stucco
- Roof type
- Flat, Shingle, Asphalt
Listing agent Salvatore Dellomo (732) 918-9008
Listing office Summit Realty Services Inc. 3301 Rt. 66, Bldg.B, Suite 201, Neptune, NJ (732) 918-9008
Listing date Feb 24, 2026
MLS# 22604768
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.
HighLights
- 9‑unit mixed‑use building with 2 first‑floor retail spaces, 3 office tenants, and 4 apartments
- Includes 2 two‑bedroom and 2 one‑bedroom residential apartments
- Fully occupied with a strong rental history
- Financials include $142,000 net operating income (NOI)
- Brick and stucco exterior with flat/shingle/asphalt roofing
- Forced‑air heating with central air plus electric and window A/C units; public water and public sewer
Overview
This freehold mixed-use income property includes nine total units in a single building, with two first-floor retail spaces, three office tenants, and four residential apartments. The residential mix features two two-bedroom apartments and two one-bedroom apartments. The property is reported as 100% occupied with a strong rental history and is described as great for income-oriented ownership. Reported net operating income is $142,000.
The building contains a total of 9,652 square feet and sits on a 0.26-acre lot in Freehold, New Jersey (Monmouth County). The listing is for 41 E Main Street, providing an income-focused tenant mix across retail, office, and residential components.
For buyers seeking a turnkey-looking cash-flow strategy, the structure offers diversification across uses while keeping all operations within one property. The combination of street-level retail, professional office tenancy, and on-site apartments can appeal to investors looking to balance tenant demand across multiple segments of the local market. With occupancy maintained at the time of listing, it may also appeal to owners or operators prioritizing steady income generation from an all-in-one asset.
The building contains a total of 9,652 square feet and sits on a 0.26-acre lot in Freehold, New Jersey (Monmouth County). The listing is for 41 E Main Street, providing an income-focused tenant mix across retail, office, and residential components.
For buyers seeking a turnkey-looking cash-flow strategy, the structure offers diversification across uses while keeping all operations within one property. The combination of street-level retail, professional office tenancy, and on-site apartments can appeal to investors looking to balance tenant demand across multiple segments of the local market. With occupancy maintained at the time of listing, it may also appeal to owners or operators prioritizing steady income generation from an all-in-one asset.
Local Financial Insights For Apartment 5plus
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 | $289.6k | $30.00 |
| − Vacancy | −$19.7k | −$2.04 |
| EGI | $269.9k | $27.96 |
| − OpEx | −$121.4k | −$12.58 |
| NOI | $148.4k | $15.38 |
9,652 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.12M
$1.86M – $2.47M
NOI $148,428 @ 7.0% cap · market cap 6.45%
Second Best
Office B
$2.11M
$1.85M – $2.46M
NOI $147,676 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$2.52M
$2.21M – $2.94M
NOI $176,423 @ 7.0% cap · market cap 7.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Freehold
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.273392
- Latitude
- 40.261171
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Well-located mixed-use building with first-floor retail, office tenants, and apartments with strong occupancy.
Where is this mixed-use property located?
The property is located at 41 E Main Street Freehold, NJ.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 9‑unit mixed‑use building with 2 first‑floor retail spaces, 3 office tenants, and 4 apartments; Includes 2 two‑bedroom and 2 one‑bedroom residential apartments; Fully occupied with a strong rental history
