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Multi-Office Suite
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100 Grand Central Avenue #2, Lavallette, NJ 08735

A second-floor layout combines an open work area, two private offices, and an in-suite restroom.

Property Size830 SF
Price / SF$2.17
Days on Market379

Property Features for 100 Grand Central Avenue #2

General Information

Standard status Active
Size 830 SF
Property subtype Office

Additional Details

Floor 2
Property Use Office

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Crossroads Realty, Inc.
Listed By: Mark Kotzas · License #7933305
Source: Defelicerealtygroup
Added: Oct 20, 2025 Changed: Oct 31 Last Checked: Oct 31 at 3:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crossroads Realty, Inc.

Rey
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Investment Insights

Based on property information with market context.

This 830-square-foot office suite occupies the second floor above an operating real estate office at 100 Grand Central Avenue in Lavallette. Its layout includes a broad open area, two enclosed offices, and a private restroom. The space is not handicap accessible.

Separate ground-floor office space is also offered, comprising approximately 1,000 square feet with seven private offices, a private bathroom, and its own access.

Key Highlights

  • 830‑square‑foot second‑floor office suite
  • Open work area, two separate offices, and a private restroom
  • Second‑floor space is not handicap accessible

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,699
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,980 $254.0K
Cap Rate 7%
$181,414 $181.4K
Cap Rate 9%
$141,100 $141.1K
Market Conditions
NOI Build-Up for 830 SF
Gross rent
$24.9K $30.00/SF
− Vacancy
−$8.0K −$9.60/SF
EGI
$16.9K $20.40/SF
− OpEx
−$4.2K −$5.10/SF
NOI
$12.7K $15.30/SF
Area
Ocean County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,980
Cap Rate 7%
$181,414
Cap Rate 9%
$141,100

Alternative Uses

Best Use
Office B
$181.4K
$158.7K – $211.7K (±1% cap)
NOI $12,699 @ 7.0% cap · market cap 705.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$216.7K
$189.6K – $252.9K (±1% cap)
NOI $15,171 @ 7.0% cap · market cap 842.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Kaitlyn Nesbihal Real Estate Agency Donna Rothman, Realtor ... Real Estate Agency Crossroads School of Real ... Vocational School James P. LaSasso ... Real Estate Agency Shaffery & Associates Real Estate Agency

Suggested Use

Top Pick Dental Office Auto Repair Shop Spa & Massage Center Grocery & Convenience Store Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

224
Businesses Nearby

Demographics for 08735, NJ

3,064
Population
7,244
Households
0.4
Avg Household Size
64
Median Age
50%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
1,802
Density / Sq Mi
$85,265
Median Household Income
$64,875
Median Earnings
$865,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A second-floor layout combines an open work area, two private offices, and an in-suite restroom.
Where is this office unit located?
The property is located at 100 Grand Central Avenue #2 Lavallette, NJ.
What are key features of this property?
This property features: 830‑square‑foot second‑floor office suite; Open work area, two separate offices, and a private restroom; Second‑floor space is not handicap accessible
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Includes: Price & PSF · Cap rate · Location · Zoning

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