Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Serviced Office Suites Title is generated by Realmo AI

    457 Route 79, Morganville, NJ 07751

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    COMMERCIAL - Morganville, NJ

    Lot size:
    0.17 Acres
    Added:
    Aug 9, 2023
    Days on Market:
    1031
    Last Refresh:
    Jun 4 at 8:06 pm

    Property Features for 457 Route 79

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Rooms
    Basement
    Parking
    16
    Parking features
    Off Street, Parking Lot
    Security features
    Security System
    Fireplace
    1
    Basement
    Finished, Walk-Out Access, Full
    Standard status
    Active
    APN
    150-1
    Lot size
    0.17 Acres

    Utilities

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

    Building Details

    Floors in Building
    3
    Flooring type
    Tile
    Building materials
    Concrete, Stucco
    Roof type
    Shingle

    We can help!

    Listing Contact
    Michael Dukhovny

    Listing agent Michael Dukhovny

    Listing office United National Realty 457 Route 79 Bsmt, Staten Island, NJ

    Listing date Aug 9, 2023

    MLS# 22322025

    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

    • Newly renovated, state‑of‑the‑art building.
    • Prime location in the heart of Morganville - Marlboro NJ area.
    • Multiple conference rooms with top‑notch technology.
    • Ample off‑street parking in a parking lot.
    • High exposure and convenience for professional businesses.
    • Concrete and stucco construction with central air and forced air heating.

    Overview

    This offering features private office suites within a newly renovated, state-of-the-art building designed for professional businesses. Suites and office units are available to support a range of office needs, and tenants have access to multiple conference rooms. The building is described as having top-tier technology, making it suitable for teams that want turnkey functionality without a heavy buildout process.

    Located at 457 Route 79 in Morganville, New Jersey, the property is positioned for convenient access and is described as having high exposure. The listing also notes plenty of parking, which can simplify day-to-day arrivals for employees and visitors.

    For tenants seeking a serviced office environment, the combination of private office space, conference room availability, and modern building improvements can help streamline operations. This configuration can be a good fit for professional teams that want dedicated offices while still having shared meeting space and established building amenities. Pricing is referenced in the listing, but lease terms and specific suite sizes are not provided here, so interested parties should request current availability and details directly.
    Property Profile Location Intelligence

    Current Use by Public Records

    Serviced offices

    Map

    City
    Morganville
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.242508
    Latitude
    40.381062

    Nearby Similar for Lease

    • $28 SF/Yr
      12,000 SF

      Medical-Ready Office Building

      Route 520 visibility, ample parking, and a professionally maintained setup suited for medical or professional office users.
      186 County Road 520, Morganville, NJ 07751
      View Details
    • $18 SF/Yr
      1,250 SF

      Inviting Corner Office Space

      Bright office space with flexible floor plan and customization options.
      203 Us 9, Morganville, NJ 07751
      View Details
    • Contact for pricing
      6,000 SF

      Restaurant Opportunity, Morganville, NJ

      6,000 SF stand-alone building approved for restaurant use.
      47 Tennent Road, Morganville, NJ 07751
      View Details
    • Contact for pricing
      9,756 SF

      Renovated Office Building on Route 79

      High-visibility professional building with suites available for rent.
      470 Route 79, Morganville, NJ 07751
      View Details
    • $4,615/Mo

      Renovated Office Space For Lease

      Fully renovated office building with high exposure and great signage.
      457 Route 79, Morganville, NJ 07751
      View Details
    • $18 SF/Yr

      Inviting Corner Office Space Available

      Bright office space with flexible floor plan and customization options.
      2-c-203 Us Highway 9, Morganville, NJ 07751
      View Details
    • Contact for pricing
      6,000 SF

      Restaurant Opportunity Build-to-Suit

      6,000 SF restaurant space with strong infrastructure.
      47 Tennent Road, Morganville, NJ 07751
      View Details
    • Contact for pricing
      2,941 SF

      Marlboro Office Space For Rent

      2941 SF office space in desirable Morganville, Marlboro, NJ.
      712 Ginesi Drive, Marlboro Township, NJ 07751
      View Details
    • Contact for pricing
      12,000 SF

      Warehouse with Outdoor Storage

      20,000 SF building with warehouse, office, and outdoor storage.
      173 Amboy Rd, Morganville, NJ
      View Details
    • Contact for pricing
      19,530 SF

      Retail Space with Five Units

      19,530 SF retail space featuring five units for rent.
      167 US HWY 9, MORGANVILLE, NJ 07751
      View Details
    • Contact for pricing
      3,000 SF

      Marlboro Township Office Space Available

      Office space for rent with easy highway access.
      436 Highway 79, Marlboro Township, NJ, 07751
      View Details
    • Contact for pricing
      5,200 SF

      Morganville Office Space Available

      Office space for lease in Commercial Court Business Park.
      207 Commercial Ct, Morganville, NJ
      View Details

    FAQs

    What type of property is this?
    Serviced office - Newly renovated serviced office suites with multiple conference rooms, technology, and plenty of parking in Morganville.
    Where is this serviced office located?
    The property is located at 457 Route 79 Morganville, NJ.
    What are key features of this property?
    This property features: Newly renovated, state‑of‑the‑art building.; Prime location in the heart of Morganville - Marlboro NJ area.; Multiple conference rooms with top‑notch technology.
    (732) 962-9005
    We can help!
    Listing Contact
    Michael Dukhovny
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    457 Route 79, Morganville, NJ 07751
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!