Two-Level Professional Office
929 Lacey Road Forked River, NJ 08731
929 Lacey Road, Forked River, NJ, 08731
$549,000
For Sale
$549,000
COMMERCIAL - Forked River, NJ
Property Size2,144 SF
Lot Size0.22 Acres
Price / SF$256.06
Days on Market17
Property Features for 929 Lacey Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Open
- Standard status
- Active
- APN
- 13-01568-0000-00001
- Size
- 2,144 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10636
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 2
Listing agency
RE/MAX at Barnegat Bay
(732) 473-1700
Listed by
Alan Seeland · License #9591828
(732) 473-1700
Added: Jul 6 Updated: Jul 7 at 2:18PM Checked: Jul 22 at 5:06AM
MLS# 22620524
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 property offers a well-appointed upper floor professional office space along with a separate lower level office. The lower level can be rented independently or utilized by a single occupant to accommodate a flexible office configuration. Currently, the space is occupied as a professional financial services office, supported by dedicated interior areas for each level.
The building is located on busy Lacey Road, with Garden State Parkway access approximately 3/10 of a mile away. The property provides a highly visible location with signage, and offers ample on-site parking for clients and staff. An entrance from a side street supports straightforward arrival and access.
For office tenants or owner-users, the two-level layout can support different teams or allow one organization to consolidate space depending on how they plan to operate. The existing professional office finish and the separate lower-level suite provide a practical option for those seeking flexibility, whether for leasing part of the space or operating across both levels.
The building is located on busy Lacey Road, with Garden State Parkway access approximately 3/10 of a mile away. The property provides a highly visible location with signage, and offers ample on-site parking for clients and staff. An entrance from a side street supports straightforward arrival and access.
For office tenants or owner-users, the two-level layout can support different teams or allow one organization to consolidate space depending on how they plan to operate. The existing professional office finish and the separate lower-level suite provide a practical option for those seeking flexibility, whether for leasing part of the space or operating across both levels.
Key Highlights
- 3/10 mile from Garden State Parkway access on busy Lacey Rd
- Upper floor professional office space with a separate lower level office that can be rented or used by a single occupant
- Currently occupied as a professional financial services office
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 | $64.3k | $30.00 |
| − Vacancy | −$20.6k | −$9.60 |
| EGI | $43.7k | $20.40 |
| − OpEx | −$10.9k | −$5.10 |
| NOI | $32.8k | $15.30 |
2,144 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$468.6K
$410.0K – $546.7K
NOI $32,803 @ 7.0% cap · market cap 5.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$559.8K
$489.9K – $653.2K
NOI $39,189 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Well-appointed upper office space with a separate lower-level office and ample on-site parking for flexible tenant use.
Where is this office units located?
The property is located at 929 Lacey Road Forked River, NJ.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 3/10 mile from Garden State Parkway access on busy Lacey Rd; Upper floor professional office space with a separate lower level office that can be rented or used by a single occupant; Currently occupied as a professional financial services office
