Mixed-Use Zoned Office
For Sale
$459,999
102 Manchester Blvd, Whiting, NJ 08759
Mixed-use zoning accompanies a property described for medical, legal, or professional office use.
Property Size957 SF
Lot Size0.61 Acres
Price / SF$480.67
Days on Market8
Property Features for 102 Manchester Blvd
General Information
Standard status
Active
Size
957 SF
Lot size
0.61 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,324
Building Details
Building Size
957 SF
Year Built
1961
Stories
1
Listing Agency:
Real Broker LLC
Listed By:
AMANDA NADIA DASILVA
(855) 450-0442
Source:
Elliman
Added: Sep 29
Changed: Oct 3
Last Checked: Oct 5 at 5:26PM
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 Real Broker LLC
Investment Insights
Based on property information with market context.
The offering combines the properties at 102 and 104 Manchester Blvd in Whiting. A 957-square-foot office building, built in 1961, sits on the combined 0.61-acre lot. The property has mixed-use zoning and is described for medical, legal, or other professional office use.
Key Highlights
- Combined lot measures 0.61 acre across 102 and 104 Manchester Blvd
- 957‑square‑foot office building
- Built in 1961
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,642
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,840
$292.8K
Cap Rate 7%
$209,171
$209.2K
Cap Rate 9%
$162,689
$162.7K
Market Conditions
NOI Build-Up for 957 SF
Gross rent
$28.7K $30.00/SF
− Vacancy
−$9.2K −$9.60/SF
EGI
$19.5K $20.40/SF
− OpEx
−$4.9K −$5.10/SF
NOI
$14.6K $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%
$292,840
Cap Rate 7%
$209,171
Cap Rate 9%
$162,689
Alternative Uses
Best Use
Office B
$209.2K
$183.0K – $244.0K
NOI $14,642 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$249.9K
$218.7K – $291.5K
NOI $17,492 @ 7.0% cap · market cap 3.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Explore this area
Business Placement
Demographics for 08759, NJ
34,547
Population
22,101
Households
1.6
Avg Household Size
69
Median Age
23%
College-Educated
93%
High-School Grad
61.3 sq mi
ZIP Area
564
Density / Sq Mi
$55,000
Median Household Income
$41,089
Median Earnings
$1,324
Median Rent
$176,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Mixed-use zoning accompanies a property described for medical, legal, or professional office use.
Where is this office building located?
The property is located at 102 Manchester Blvd Whiting, NJ.
What is the asking price?
The asking price for this property is $459,999.
What are key features of this property?
This property features: Combined lot measures 0.61 acre across 102 and 104 Manchester Blvd; 957‑square‑foot office building; Built in 1961
