106 Waterworks Road Freehold, NJ 07728
COMMERCIAL - Freehold, NJ
- Added:
- Jul 11, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 12 at 1:06 am
Property Features for 106 Waterworks Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 17-00006-0000-00001
- Size
- 4,440 SF
- Lot size
- 0.17 Acres
Utilities
- Sewer type
- Septic Tank
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Roof type
- Shingle
Listing agent Alma Martinez License #0562848 (732) 536-9010
Listing office Keller Williams Realty Freehold 3435 Route 9 Unit 6A, Freehold, NJ (732) 536-9010
Listing date Jul 11, 2026
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 sale includes one lot and one block, which must be sold together. Both the house of worship and the single-family home are being sold strictly in as-is condition.
The listing notes that if purchased for religious purposes, the property qualifies for tax exemption; if purchased as a single-family residence, it will be taxed accordingly. The property is located at 106 Waterworks Road in Freehold, New Jersey (07728).
Key Highlights
- House of worship in Freehold Township, sold strictly for church purposes (as‑is).
- Includes a bonus single‑family home with 4 bedrooms and 2 full bathrooms (as‑is).
- Built in 1920.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $133.2k | $30.00 |
| − Vacancy | −$9.1k | −$2.04 |
| EGI | $124.1k | $27.96 |
| − OpEx | −$55.9k | −$12.58 |
| NOI | $68.3k | $15.38 |
