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    Highway 34 Farmingdale, NJ 08736

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    For Lease
    $12,500 /Mo ($28 SF/Yr)

    Two buildings on 1.33 acres, Route 34 frontage.

    Property size:
    5,300 SF
    Lot size:
    0.83 Acres

    Property Features for Highway 34

    General Information

    Size
    5,300 SF
    Lot size
    0.83 Acres

    Source: The Blau & Berg Company Agent John R. Longo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial and Residential Buildings Available

    This property features two buildings situated on approximately 1.33 acres. The commercial building, formerly used for boat sales and service, offers approximately 5,300 square feet of space. Additionally, there is a residential building with approximately 1,766 square feet. The location benefits from three curb cuts, one off Route 33/34 and two off Tinton Falls Road. Traffic counts in 2020 were approximately 30,000 AADT at Routes 34 and 33. The 2022 taxes were $20,413.66.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Farmingdale
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.150684
    Latitude
    40.2358769

    Nearby Similar for Lease

    • $16 SF/Yr
      13,000 SF

      Farmingdale Warehouse Space Available

      13,000 SF warehouse near major routes, immediate occupancy.
      100 Central Ave, Farmingdale, NJ 07727
      View Details

    FAQs

    What type of property is this?
    Retail space - Two buildings on 1.33 acres, Route 34 frontage.
    Where is this retail space located?
    The property is located at Highway 34 Farmingdale, NJ.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Two buildings on a large ±1.33 acre lot.; - High traffic location with ±30,000 AADT.; - Includes a ±5,300 SF commercial building.
    (908) 803-1876
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    Highway 34 Farmingdale, NJ 08736
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    Farmingdale, NJ 08736
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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
    Highway 34 Farmingdale, NJ 08736
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