Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    602 Mantoloking Rd Brick, NJ 08723

    Sponsored
    For Sale
    $99,999

    Commercial Business - Brick, NJ

    Property size:
    1,320 SF
    Days on Market:
    80
    Last Refresh:
    Feb 15 at 7:06 am

    Property Features for 602 Mantoloking Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    200
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    07-00167-0000-00005
    Parking features
    Garage
    Size
    1,320 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Tile
    Architectural style
    Other

    We can help!

    Listing Contact
    Maria Kelly Manikas
    Maria Kelly Manikas

    Castle real estate LLC (732) 277-7412

    Listing agent Maria Kelly Manikas (732) 277-7412

    Listing date Nov 28, 2025

    MLS# 11585084 Listing URL

    Copyright © 2026 My State 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

    Established Salon Business For Sale

    This commercial property houses an established salon business with approximately three workers. The sale includes color chairs, styling stations, an ADA-compliant bathroom, and a break room equipped with a washer and dryer. A significant asset is the salon's loyal and long-term clientele. The property is located in Mantoloking Village Plaza. The current lease has approximately one year remaining, with an option to renew for an additional three to five years. The owner is open to remaining involved as the business continues to grow, noting that income has increased yearly since the business was established. The property is zoned 200 and has a size of 1320 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Brick
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.110369
    Latitude
    40.046445

    Nearby Similar for Sale

    • $1,200,000
      0.18 Acres

      High-End Retail Building For Sale

      Newer construction retail building with excellent exposure and modern amenities.
      431 Mantoloking Rd, Brick, NJ 08723
      View Details
    • $1,650,000
      6,600 SF

      Mixed-Use Investment Property, Brick NJ

      Mixed-use property with income and expansion potential near the beach.
      253 Mantoloking Rd, Brick, NJ 08723
      View Details
    • $569,999
      0.22 Acres

      Multi-Income Mixed-Use Property

      Mixed-use property with rental income potential in a vibrant location.
      638 Mantoloking Rd, Brick, NJ 08723
      View Details
    • $629,000
      1,700 SF

      Renovated Mixed-Use Building on Hooper

      Move-in ready office/retail building with residential use potential.
      2597 Hooper Ave, Brick, NJ 08723
      View Details
    • $699,000

      Redone Commercial Building in Brick

      Updated commercial building with modern amenities, ideal for professional services.
      736 Mantoloking Rd, Brick, NJ 08723
      View Details
    • $550,000
      2,200 SF

      Commercial Building For Sale

      Commercial building suitable for a flower or garden shop.
      570 Mantoloking Rd, Brick, NJ 08723
      View Details
    • $250,000

      Established Business with Growth Potential

      Reputable local business for sale with strong sales and loyal customers.
      2030 Route 88, Brick, NJ 08724
      View Details
    • $99,999
      1,320 SF

      Profitable Salon in Brick, NJ

      Established salon with six-figure income and growth potential.
      602 Mantoloking Rd, Brick, NJ 08723
      View Details
    • $834,000
      4,400 SF

      Waterfront Shopping Plaza in Brick

      Highly visible shopping plaza with water views and redevelopment potential.
      2715 Hooper Ave, Brick, NJ 08723
      View Details
    • $79,900
      1,000 SF

      Turn-Key Barbershop in Town Hall Shoppes

      Upscale barbershop business for sale in high-traffic plaza.
      990 Cedarbridge Ave Unit, Brick, NJ 08723
      View Details
    • $3,000,000
      1.52 Acres

      Approved Mixed-Use Development Opportunity

      Approved mixed-use development with commercial and residential units in Brick.
      307 Drum Point Rd, Brick, NJ 08723
      View Details
    • $3,000,000
      1.52 Acres

      Approved Mixed-Use Development Opportunity

      Approved mixed-use development with commercial and residential units in Brick.
      307 Drum Point Rd, Brick, NJ 08723
      View Details

    FAQs

    What type of property is this?
    Retail space - Profitable salon business with loyal clientele in Brick, NJ.
    Where is this retail space located?
    The property is located at 602 Mantoloking Rd Brick, NJ.
    What is the asking price?
    The asking price for this property is $99,999.
    What are key features of this property?
    This property features: - Established salon with loyal and long-term clientele.; - Proven income stream with yearly increases.; - Includes all salon equipment: color chairs, styling stations, ADA bathroom, break room with washer/dryer.
    (732) 277-7412
    Request Owner's contact information
    602 Mantoloking Rd Brick, NJ 08723
    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.
    602 Mantoloking Rd
    Brick, NJ 08723
    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
    602 Mantoloking Rd Brick, NJ 08723
    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
    Maria Kelly Manikas
    Maria Kelly Manikas
    Real Estate License ID: 2294133
    (732) 277-7412 (732) 295-9900
    Learn more
    Google sign-in failed. Please try again or use another login method.