Add Listing
    For Lease
    • 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

    70 Schanck Rd, Unit unit C & D Freehold, NJ 07728

    View on Map
    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Freehold, NJ

    Property size:
    2,000 SF
    Lot size:
    1.24 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 14 at 11:06 am

    Property Features for 70 Schanck Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    17-00070-10-00001-01
    Parking
    25
    Parking features
    Parking Lot, Off Street
    Interior features
    Handicapped, Fluorescent
    Exterior features
    Lighting
    Accessibility
    Accessible Approach with Ramp
    Size
    2,000 SF
    Lot size
    1.24 Acres

    Utilities

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

    Building Details

    Year built
    1965
    Floors in Building
    2
    Flooring type
    Vinyl, Linoleum
    Building materials
    Brick, Clapboard

    We can help!

    Listing Contact
    Catherine M Baker-May

    Heritage House Sotheby's International Realty (732) 615-9898

    Listing agent Catherine M Baker-May (732) 842-8100

    Listing date Mar 12, 2026

    MLS# 22606255

    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.

    Learn more

    Overview

    Freehold Office Space Available

    Professional office space is available for lease in Freehold Township. The space is approximately 2000 square feet and divided into 12 rooms, including a waiting room, reception area, offices, and a private bath. The property benefits from good visibility and parking. It is located in a well-known and convenient location with access to Route 9, Route 18, Route 33, Route 79, and Route 537 (Monmouth Road). The building is sunny, bright, and well-managed. The CMX-3 Zoning allows for many permitted uses. The space is suitable for a professional office, consulting, tutoring, counseling, financial or insurance office, tech services, data processing service, administrative offices, detective agency, real estate/title/appraisal office, nursing care, or family services. The space is currently used as a counseling center. The lot size is 1.24 acres.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Freehold
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.277664
    Latitude
    40.239877

    Nearby Similar for Lease

    • Contact for pricing
      1,700 SF

      Freehold Retail Space Available

      1700 SF retail space in Freehold, NJ for lease.
      39 Throckmorton St, Freehold, NJ 07728
      View Details
    • Contact for pricing
      5,576 SF

      Remodeled Office Space in Freehold

      Remodeled office space for rent in downtown Freehold, New Jersey.
      30 South St, Freehold, NJ 07728
      View Details
    • Contact for pricing
      5,576 SF

      Remodeled Office Space in Freehold

      Remodeled office space for rent in downtown Freehold, New Jersey.
      30 South St, Freehold, NJ 07728
      View Details
    • New
      $1,100 /Mo

      Professional Office Space For Rent

      Second floor office space with private bathroom available May 2026.
      590 Park Ave, Freehold, NJ 07728
      View Details
    • Contact for pricing
      2,614 SF

      Freehold Office Space For Rent

      Office space in the heart of Freehold, great visibility.
      4 B, Freehold, NJ 07728
      View Details
    • $10,000 /Mo
      29,074 SF

      Freehold Commercial Space For Rent

      12,000 SF commercial space ideal for childcare and education.
      Freehold, NJ 07728
      View Details
    • Sponsored
      New
      Contact for pricing

      Freehold

      Discover many ways to work your way in Pembrook Commons
      4400 Rte 9, Freehold, NJ 07728
      View Details
    • Contact for pricing

      Freehold Office Space Available

      Office spaces for rent in Freehold, NJ with tenant amenities.
      3 Paragon Way, Freehold, NJ 07728
      View Details
    • $20 SF/Yr
      3,720 SF

      Freestanding Retail/Office Building For Lease

      Freestanding retail/office building in close proximity to Routes 9 and 33.
      20 Jackson St, Freehold, NJ 07728
      View Details
    • Contact for pricing
      1,950 SF

      Downtown Freehold Professional Office Suites

      Multiple office suites available in downtown Freehold.
      36 W Main St, Freehold, NJ 07728
      View Details
    • Contact for pricing
      1,720 SF

      Downtown Freehold Office Suites Available

      Professional office suites for lease in downtown Freehold.
      36 W Main St, Freehold, NJ 07728
      View Details

    FAQs

    What type of property is this?
    Office units - Professional office space for lease in a well-managed building.
    Where is this office units located?
    The property is located at 70 Schanck Rd, Unit unit C & D Freehold, NJ.
    What are key features of this property?
    This property features: - Excellent location with high visibility and convenient access to major roadways.; - Ample off-street parking in a parking lot.; - Versatile CMX-3 zoning allows for a wide range of professional office uses.
    (732) 842-8100
    Request Owner's contact information
    70 Schanck Rd, Unit unit C & D Freehold, NJ 07728
    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.
    70 Schanck Rd, Unit unit C & D
    Freehold, NJ 07728
    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
    70 Schanck Rd, Unit unit C & D Freehold, NJ 07728
    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
    Catherine M Baker-May
    (732) 842-8100
    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!