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    405 Main St Manalapan, NJ 07726

    For Sale
    $2,525,000

    6.6-acre lot, fully approved 75,000 SF self-storage facility.

    Property size:
    2,192 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 6.6-acre commercial lot, located at 405 Main Street, Unit 0, Manalapan, NJ, presents a remarkable opportunity for development. The property boasts a prime location at a busy intersection of Tennet Road and Main Street, within Manalapan's thriving business district. With a total buildable area of 75,000 square feet, the site has received complete approvals from the city, county, Department of Environmental Protection (DEP), and the State of New Jersey, including a finalized site plan. The approved plans encompass two three-story buildings, designed with interconnected drive aisles and a shared parking area, including one electric vehicle (EV) charging station and ADA accessibility features. The initial plan is for a self-storage facility with an optional second building for warehouse use, but the property's zoning allows for considerable flexibility. Alternative uses, such as warehousing, distribution, or manufacturing, could be explored, though any zoning or planning changes would be the responsibility of the buyer. The existing 2,192 square foot building on the property is not included in the sale. This property offers significant potential for investors seeking a high-traffic location and the convenience of pre-approved plans. Furthermore, up to 90% SBA financing may be available for qualified buyers, making this an attractive investment opportunity.

    Property Features for 405 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,192 SF
    Lot Size
    290,110 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Manalapan
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.3334
    Latitude
    40.28064

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    FAQs

    What type of property is this?
    Commercial real estate - 6.6-acre lot, fully approved 75,000 SF self-storage facility.
    Where is this commercial real estate located?
    The property is located at 405 Main St Manalapan, NJ.
    What is the asking price?
    The asking price for this property is $2,525,000.
    (732) 658-6800
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    405 Main St Manalapan, NJ 07726
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    405 Main St Manalapan, NJ 07726
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