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Medical Office Building
For Sale
$459,999

102 Manchester Boulevard, Whiting, NJ 08759

Commercial Sale, Whiting, NJ

Property Size957 SF
Lot Size0.25 Acres
Price / SF$480.67
Days on Market9

Property Features for 102 Manchester Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Mixed, Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking features Paved or Surfaced
Lot features Level
Directions From Lacey Rd, turn left onto Manchester Blvd.
Subdivision Whiting
Standard status Active
APN 19-00085-20-00003
Size 957 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4324

Utilities

Sewer type Septic Tank
Cooling system Window Unit(s)
Water source Well

Building Details

Year built 1961
Floors in Building 1
Flooring type Wood
Building materials Brick
Roof type Asphalt, Shingle
Listing Agency: Real Broker, LLC- Fairfield
Listed By: Amanda Nadia DaSilva
Added: Sep 28 Changed: Oct 2 Last Checked: Oct 6 at 6:06PM
MLS# 22630527

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.

The offering includes 102 and 104 Manchester Boulevard and a 957-square-foot brick building constructed in 1961. Interior features include wood flooring and a bathroom; cooling is provided by a window unit. Paved or surfaced parking serves the property, with well water and a septic system.

Mixed-use zoning supports medical, attorney, and professional office uses. The property is in Whiting, New Jersey.

Key Highlights

  • 957‑square‑foot brick building
  • Mixed‑use zoning supports medical, attorney, and professional office uses
  • Includes 102 and 104 Manchester Boulevard

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 (±1% cap)
NOI $14,642 @ 7.0% cap · market cap 3.18%
Second Best
Healthcare Medical
$203.6K
$178.1K – $237.5K (±1% cap)
NOI $14,249 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$249.9K
$218.7K – $291.5K (±1% cap)
NOI $17,492 @ 7.0% cap · market cap 3.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

269
Businesses Nearby
Under-served
Demand for This Use

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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Whiting Veterinary Clinic — 108 Lacey Rd #14, Whiting, NJ 08759

Frequently Asked Questions

What type of property is this?
Medical Office Space - Mixed-use zoning supports medical, legal, and other professional office functions.
Where is this medical office space located?
The property is located at 102 Manchester Boulevard 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: 957‑square‑foot brick building; Mixed‑use zoning supports medical, attorney, and professional office uses; Includes 102 and 104 Manchester Boulevard
More about this property
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