Two-Story Professional Office
For Sale
$1,250,000
113 Tindall Road, Middletown, NJ 07748
Commercial Sale, Middletown, NJ
Property Size4,089 SF
Lot Size0.68 Acres
Price / SF$305.70
Days on Market24
Property Features for 113 Tindall Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
30
Parking features
Parking Lot
Directions
Use GPS
Subdivision
Middletown
Standard status
Active
APN
32-00642-0000-00006-03
Size
4,089 SF
Lot size
0.68 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
18262
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1908
Floors in Building
2
Listing Agency:
RE/MAX First Realty · RE/MAX International
Listed By:
Jane Mueller
(732) 257-3500
Added: Oct 3
Last Checked: Oct 26 at 11:06AM
MLS# 22631245
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.
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Investment Insights
Based on property information with market context.
This 4,089-square-foot office property at 113 Tindall Road has two floors with reception space, private offices, open work areas, a kitchen, and conference or training rooms. Restrooms serve both levels. Original hardwood flooring and woodwork remain alongside recessed lighting and newer HVAC and electrical systems. The property also includes a partial basement, an attic, and two attached two-car garages.
The 0.68-acre site has approximately 60 parking spaces shared with the adjacent building. Public water and public sewer serve the property. Red Bank and Long Branch business districts are south of the site, and Newark Liberty International Airport is approximately a 50-minute drive away.
The layout supports professional and general office functions, including accounting, legal, insurance, consulting, and sales uses.
The 0.68-acre site has approximately 60 parking spaces shared with the adjacent building. Public water and public sewer serve the property. Red Bank and Long Branch business districts are south of the site, and Newark Liberty International Airport is approximately a 50-minute drive away.
The layout supports professional and general office functions, including accounting, legal, insurance, consulting, and sales uses.
Key Highlights
- 4,089‑square‑foot, two‑story office building
- First‑floor reception, private offices, conference room, and kitchen
- Second floor includes private offices, open workspace, and a large multipurpose room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,562
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,251,240
$1.3M
Cap Rate 7%
$893,743
$893.7K
Cap Rate 9%
$695,133
$695.1K
Market Conditions
NOI Build-Up for 4,089 SF
Gross rent
$122.7K $30.00/SF
− Vacancy
−$39.3K −$9.60/SF
EGI
$83.4K $20.40/SF
− OpEx
−$20.9K −$5.10/SF
NOI
$62.6K $15.30/SF
Area
Monmouth 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%
$1,251,240
Cap Rate 7%
$893,743
Cap Rate 9%
$695,133
Alternative Uses
Best Use
Office B
$893.7K
$782.0K – $1.04M
NOI $62,562 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$934.3K – $1.25M
NOI $74,740 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
Explore this area
Business Placement
Demographics for 07748, NJ
28,169
Population
10,446
Households
2.7
Avg Household Size
43
Median Age
52%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
2,167
Density / Sq Mi
$152,488
Median Household Income
$72,287
Median Earnings
$1,483
Median Rent
$568,000
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Flexible rooms, meeting areas, and support space accommodate a range of professional office functions.
Where is this office building located?
The property is located at 113 Tindall Road Middletown, NJ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 4,089‑square‑foot, two‑story office building; First‑floor reception, private offices, conference room, and kitchen; Second floor includes private offices, open workspace, and a large multipurpose room
