Live-Work Mixed-Use Property with
For Sale
$1,550,000
437 Adamston Road, Brick, NJ 08723
COMMERCIAL - Brick, NJ
Property Size4,600 SF
Lot Size3.58 Acres
Price / SF$336.96
Days on Market98
Property Features for 437 Adamston Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Single Family, Residential, Professional, Conforming Use, Agricultural
Parking
20
Parking features
Parking Lot, Open, Off Street, Guest
Security features
Security System
Window features
Insulated Windows
Interior features
Fluorescent
Exterior features
Lighting, Outdoor Shower
Fencing
Fenced
Basement
Crawl Space
Lot features
Irregular Lot
Directions
GPS
Subdivision
Adamston
Standard status
Active
APN
07-00195-0000-00016-02
Size
4,600 SF
Lot size
3.58 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
20355
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Hot Water(Heating)
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Flooring type
Wood, Concrete
Listing Agency:
Weichert Realtors-Sea Girt
(732) 974-1000
Listed By:
Dawn M White
(732) 974-1000
Added: Apr 30
Changed: Aug 4
Last Checked: Aug 5 at 3:06PM
MLS# 22612376
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 live-work mixed-use property sits on 3.58 acres and combines approximately 2,300 SF of commercial space with an attached residence. The home features wood flooring, granite countertops, and picture frame and crown molding, plus 3 bedrooms, a nanny suite, and 2.5 bathrooms. Interior highlights include fluorescent lighting, with baseboard and hot water heating and central air cooling. The property is fenced and includes exterior lighting and an outdoor shower, along with expansive grounds, outbuildings, and a barn with electric power.
The property is secured by a long-term lease with a corporate tenant under a 10-year agreement that commenced February 7, 2023. As of 4/30/2026, the lease is in Year 4 with approximately 6 years and 9 months remaining. The lease structure has scheduled increases through the term, and the tenant contributes toward taxes, insurance, and operating expenses. Public water and public sewer service are available, and parking is provided with open, guest, off-street, and parking lot options at 437 Adamston Road, Brick, NJ 08723.
Additional conveniences include readily available utilities and parking for mixed residential and commercial use.
The property is secured by a long-term lease with a corporate tenant under a 10-year agreement that commenced February 7, 2023. As of 4/30/2026, the lease is in Year 4 with approximately 6 years and 9 months remaining. The lease structure has scheduled increases through the term, and the tenant contributes toward taxes, insurance, and operating expenses. Public water and public sewer service are available, and parking is provided with open, guest, off-street, and parking lot options at 437 Adamston Road, Brick, NJ 08723.
Additional conveniences include readily available utilities and parking for mixed residential and commercial use.
Key Highlights
- 3.58‑acre live‑work mixed‑use property with fenced grounds and outdoor shower
- Approximately 2,300 SF of commercial space plus attached residence
- 10‑year corporate lease commenced February 7, 2023; lease in Year 4 as of 4/30/2026
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 | $138.0k | $30.00 |
| − Vacancy | −$44.2k | −$9.60 |
| EGI | $93.8k | $20.40 |
| − OpEx | −$23.5k | −$5.10 |
| NOI | $70.4k | $15.30 |
4,600 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.01M
$879.8K – $1.17M
NOI $70,380 @ 7.0% cap · market cap 4.54%
Second Best
Mixed Use
$759.0K
$664.1K – $885.5K
NOI $53,130 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,081 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
Explore this area
Business Placement
Demographics for 08723, NJ
31,272
Population
14,075
Households
2.2
Avg Household Size
45
Median Age
30%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
2,606
Density / Sq Mi
$103,953
Median Household Income
$54,165
Median Earnings
$1,652
Median Rent
$374,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - 3.58-acre Brick live-work mixed-use includes commercial space and a 10-year corporate lease in its fourth year.
Where is this live-work space located?
The property is located at 437 Adamston Road Brick, NJ.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 3.58‑acre live‑work mixed‑use property with fenced grounds and outdoor shower; Approximately 2,300 SF of commercial space plus attached residence; 10‑year corporate lease commenced February 7, 2023; lease in Year 4 as of 4/30/2026
