Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    491 Manalapan Rd Spotswood, NJ 08884

    View on Map
    Sponsored
    Picture of Shopping centers at Manalapan Rd 491, Spotswood, NJ
    For Sale
    Contact for pricing

    Commercial - Spotswood, NJ

    Property size:
    19,188 SF
    Lot size:
    9.80 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 19 at 1:06 pm

    Property Features for 491 Manalapan Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    GC
    APN
    2400006000000001
    Parking
    18
    Parking features
    Garage, Parking Lot
    Size
    19,188 SF
    Lot size
    9.80 Acres

    Building Details

    Year built
    1990
    Floors in Building
    1
    Architectural style
    Other

    We can help!

    Listing Contact
    JOHN PROFACI
    JOHN PROFACI

    Mid State Realty (732) 251-8900

    Listing agent JOHN PROFACI (732) 251-8900

    Listing date Mar 17, 2026

    MLS# 2661488M Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Retail Space in Spotswood Center

    This retail space is located in a fully leased shopping center in Spotswood. The unit offers frontage on Manalapan Road, providing visibility and traffic exposure. The space is 850 square feet. The property is located at 491 Manalapan Road, Spotswood, NJ 08884. The shopping center is located on a 9.8-acre lot. The zoning is GC. The property size is 19188 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sunny Cleaners (Bike/Boat/Book/etc) Store The Art Hut – Spotswood ... Vocational School Step Up Dance ... Training Center Bagel Bazaar Deli ... (Bike/Boat/Book/etc) Store Burns Road Foods ... Restaurant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store Accounting Firm Auto Parts Store Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Spotswood
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4097839
    Latitude
    40.3818638

    Nearby Similar for Sale

    • $550,000
      1,615 SF

      Spotswood Office Building For Sale

      Well-maintained Spotswood office building with income potential and parking.
      353 Main St, Spotswood, NJ 08884
      View Details
    • Contact for pricing
      13,516 SF

      Versatile Warehouse in Spotswood, NJ

      2,700 sqft commercial warehouse with high ceilings and modern updates.
      1 American Way, Spotswood, NJ 08884
      View Details
    • Contact for pricing
      13,516 SF

      Spotswood Warehouse with High Ceilings

      4,500 sqft warehouse with 26 ft ceilings in Spotswood.
      1 American Way, Spotswood, NJ 08884
      View Details
    • Contact for pricing
      1,615 SF

      Spotswood Office Building For Sale

      Two-unit office building in Spotswood's business district.
      353 Main St, Spotswood, NJ 08884
      View Details
    • $1,100,000
      3,147 SF

      Spotswood Multifamily Investment Opportunity

      Five units with potential for a sixth in Spotswood, NJ.
      549 Main St, Spotswood, NJ 08884
      View Details
    • Contact for pricing
      9.80 Acres

      Spotswood Retail Space - High Visibility

      Prime Spotswood location, 9.8 acres, high visibility.
      Manalapan Rd, Spotswood, NJ 08884
      View Details
    • Contact for pricing
      9.80 Acres

      Spotswood Commercial Space - Manalapan Rd

      Large Retail/Food Space, High Traffic Area
      Manalapan Rd, Spotswood, NJ 08884
      View Details

    FAQs

    What type of property is this?
    Shopping center - Prime retail space in high-demand Spotswood shopping center.
    Where is this shopping center located?
    The property is located at 491 Manalapan Rd Spotswood, NJ.
    What is the asking price?
    The asking price for this property is $1,600.
    What are key features of this property?
    This property features: - Prime retail space in a fully leased, high-demand shopping center.; - Direct frontage on heavily traveled Manalapan Road.; - Outstanding visibility and consistent daily traffic exposure.
    (732) 251-8900
    Request Owner's contact information
    491 Manalapan Rd Spotswood, NJ 08884
    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.
    491 Manalapan Rd
    Spotswood, NJ 08884
    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
    491 Manalapan Rd Spotswood, NJ 08884
    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

    We can help!
    Listing Contact
    JOHN PROFACI
    JOHN PROFACI
    Real Estate License ID: 9231545
    (732) 251-8900 (908) 692-5419 (732) 605-0100
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!