Back to Search
Office Building with Multiple Units

675 E Route 72 Manahawkin, NJ 08050

675 E Route 72, Manahawkin, NJ, 08050
$1,800,000
Pending
For Sale
$1,800,000
Pending

COMMERCIAL - Manahawkin, NJ

Property Size10,398 SF
Lot Size1.74 Acres
Days on Market189

Property Features for 675 E Route 72

General Information

Property type
Commercial Sale
Property subtype
Other
Parking
30
Parking features
Parking Lot
Standard status
Pending
APN
31-00147-107-00056-06
Size
10,398 SF
Lot size
1.74 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
43867

Utilities

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

Building Details

Floors in Building
1
Building materials
Block, Brick, Stucco
Roof type
Flat, Shingle
Listing Agency Berkshire Hathaway HomeServices Zack Shore Realtors
675 Route 72 E, Point Pleasant Beach, NJ
Listed by Curtis Lee · License #0569686
Added: Jan 12 Updated: Jul 10 at 10:41 pm Checked: Jul 20 at 7:06 pm
MLS# 22601165

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 office building contains four separate office units with varying sizes, offering flexibility for an owner-user or an investor. The property totals 10,000+ square feet and includes ample on-site parking for occupants and visitors. The interior layout can also be reconfigured to align with specific business needs.

The building is situated on Route 72 in Manahawkin, described as a highly trafficked corridor. It is positioned adjacent to a large, established office park with surrounding professional businesses.

With its current four-unit configuration and parking on site, the property is set up for a range of professional office uses, including medical office, legal, accounting, title, and other service-oriented businesses.

Key Highlights

  • 10,000+ SF office building on highly trafficked Route 72 in Manahawkin
  • Currently configured as four office units of varying sizes; reconfigure to fit specific needs
  • Central air and forced‑air heating

Local 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 $311.9k $30.00
− Vacancy −$99.8k −$9.60
EGI $212.1k $20.40
− OpEx −$53.0k −$5.10
NOI $159.1k $15.30
10,398 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.27M
$1.99M – $2.65M (±1% cap)
NOI $159,089 @ 7.0% cap · market cap 8.84%
Second Best
Healthcare Medical
$2.21M
$1.94M – $2.58M (±1% cap)
NOI $154,822 @ 7.0% cap · market cap 8.60%
Theoretical Best
Office A
$2.72M
$2.38M – $3.17M (±1% cap)
NOI $190,059 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Law Firm Restaurant Real Estate Agency Hair Salon Spa & Massage Center Dental Office Nail Salon Parking Lot & Garage Pharmacy Food Market

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

FAQs

What type of property is this?
Office units - Four office units within a 10,000+ square foot building with on-site parking on heavily traveled Route 72.
Where is this office units located?
The property is located at 675 E Route 72 Manahawkin, NJ.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 10,000+ SF office building on highly trafficked Route 72 in Manahawkin; Currently configured as four office units of varying sizes; reconfigure to fit specific needs; Central air and forced‑air heating
Contact an agent
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