Renovated Flex Property with
1029 Us 9, Howell, NJ 07731
For Sale
$1,900,000
Pending
Commercial Sale, Howell, NJ
Property Size5,990 SF
Lot Size0.80 Acres
Days on Market327
Property Features for 1029 Us 9
General Information
Property type
Property subtype
Zoning description
Parking features
Security features
Exterior features
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
Conference Room
Kitchenette
Full Bath
Leased Solar Panels
Building Details
Floors in Building
Listing Agency:
RE/MAX Central · RE/MAX International
Listed By:
Nancy Coviello
(732) 972-1000
Added: Dec 18, 2025
Changed: Oct 24
Last Checked: Nov 9 at 5:06AM
MLS# 22537009
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Renovated flex space totaling 5,990 square feet combines a showroom, warehouse, reception area, customer sales desks, and multiple offices. The first floor includes three private offices and warehouse loading access, while the second floor provides an open work area, a private office, and a conference room. A kitchenette and full bath serve the upper level.
The property sits on 0.8 acres along US 9 in Howell, New Jersey. Parking includes a paved area for clients, guest parking, and an unpaved lot. Building systems include forced-air heating and central air conditioning, with public water and public sewer service. Leased solar panels are also in place.
The property sits on 0.8 acres along US 9 in Howell, New Jersey. Parking includes a paved area for clients, guest parking, and an unpaved lot. Building systems include forced-air heating and central air conditioning, with public water and public sewer service. Leased solar panels are also in place.
Key Highlights
- 5,990‑square‑foot renovated flex building with showroom, warehouse, reception, and office areas
- 0.8‑acre property along US 9 in Howell, NJ
- Warehouse loading access for material handling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$98,254
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,965,080
$2.0M
Cap Rate 7%
$1,403,629
$1.4M
Cap Rate 9%
$1,091,711
$1.1M
Market Conditions
NOI Build-Up for 5,990 SF
Gross rent
$194.8K $32.52/SF
− Vacancy
−$43.6K −$7.28/SF
EGI
$151.2K $25.24/SF
− OpEx
−$52.9K −$8.83/SF
NOI
$98.3K $16.40/SF
Area
Monmouth County, NJ
Vacancy
22.40%
Lease Rate
$32.52 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,965,080
Cap Rate 7%
$1,403,629
Cap Rate 9%
$1,091,711
Alternative Uses
Best Use
Flex RnD
$1.40M
$1.23M – $1.64M
NOI $98,254 @ 7.0% cap · market cap 5.17%
Second Best
Office B
$1.31M
$1.15M – $1.53M
NOI $91,647 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,488 @ 7.0% cap · market cap 5.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07731, NJ
39,677
Population
14,102
Households
2.8
Avg Household Size
40
Median Age
42%
College-Educated
94%
High-School Grad
31.8 sq mi
ZIP Area
1,248
Density / Sq Mi
$130,064
Median Household Income
$57,228
Median Earnings
$2,619
Median Rent
$454,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Flex space in Monmouth County, NJ
Properties on Market for Flex space in Monmouth County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Mixed office and warehouse configuration includes customer-facing areas, loading access, and dedicated workspaces.
Where is this flex space located?
The property is located at 1029 Us 9 Howell, NJ.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 5,990‑square‑foot renovated flex building with showroom, warehouse, reception, and office areas; 0.8‑acre property along US 9 in Howell, NJ; Warehouse loading access for material handling
