Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1989 Jumping Brk Rd Tinton Falls, NJ

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $650,000

    Office space featuring an open area and kitchenette for rent.

    Property size:
    984 SF
    Lot size:
    0.84 Acres

    Property Features for 1989 Jumping Brk Rd

    General Information

    Size
    984 SF
    Lot size
    0.84 Acres

    We can help!

    Listing Contact
    Douglas J. Sitar
    Source: Moodyscre

    Listing Agent: Douglas J. Sitar

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

    Learn more

    Overview

    Office Space with Open Area

    This 984 square foot office space features a layout consisting of 4 offices with an open area plus a kitchenette. The HCC zoning allows for both retail and office uses. There are 7 parking spaces available. The property taxes are $5,777 as of 2024. The tenant is responsible for utilities.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Tinton Falls
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.1004185
    Latitude
    40.3042773

    Nearby Similar for Lease

    • Contact for pricing
      12,876 SF

      Adaptable Office Building in Red Bank

      Multi-unit commercial office building for lease in central Red Bank.
      188 E Bergen Pl, Tinton Falls, NJ 07701
      View Details
    • $5,200 /Mo
      5,400 SF

      Former Schoolhouse in Tinton Falls

      Two-story, 5,200 SF building, previously a private school.
      62 Hance Ave, Tinton Falls, NJ 07724
      View Details
    • $5,500 /Mo
      7,760 SF

      Red Bank First-Floor Office Space

      Professional office space in downtown Red Bank with on-site parking.
      6 Drummond Pl, Tinton Falls, NJ 07701
      View Details
    • Contact for pricing

      Furnished Office Suite in Red Bank

      Furnished office suite ideal for professional services in Red Bank.
      55 N Bridge Ave, Tinton Falls, NJ 07701
      View Details
    • $3,400 /Mo

      Red Bank Retail Space Available

      High-visibility retail space in downtown Red Bank.
      5 Wharf Ave, Tinton Falls, NJ 07701
      View Details
    • $1,500 /Mo

      Red Bank Commercial Space Available

      Garage and office space suitable for various trade businesses.
      2 Park Pl, Tinton Falls, NJ 07701
      View Details
    • Contact for pricing
      2,400 SF

      Red Bank Commercial Suite

      Lower-level commercial suite in downtown Red Bank.
      160 Monmouth St, Tinton Falls, NJ 07701
      View Details
    • New
      Contact for pricing
      2,978 SF

      Red Bank First Floor Office

      Well-maintained first-floor office space in Red Bank, New Jersey.
      30 Hudson Ave, Tinton Falls, NJ 07701
      View Details
    • $23 SF/Yr
      3,800 SF

      Renovated Office Space in Red Bank

      Renovated office space featuring a 22-foot cathedral ceiling.
      2 Bridge Ave, Tinton Falls, NJ 07701
      View Details
    • New
      Contact for pricing
      2,978 SF

      Red Bank First Floor Office

      Well-maintained first-floor office space with hardwood floors and parking.
      30 Hudson Ave, Tinton Falls, NJ 07701
      View Details
    • $21 SF/Yr

      Retail Space in Busy Center

      High-visibility retail space available in Tinton Falls shopping center.
      4057 Asbury Ave, Tinton Falls, NJ 07753
      View Details
    • $35 SF/Yr
      15,224 SF

      Retail Space with Drive-Through

      65,000 SF neighborhood center with drive-through available.
      4057 Asbury Ave, Tinton Falls, NJ 07753
      View Details

    FAQs

    What type of property is this?
    Office space - Office space featuring an open area and kitchenette for rent.
    Where is this office space located?
    The property is located at 1989 Jumping Brk Rd Tinton Falls, NJ.
    What are key features of this property?
    This property features: - HCC zoning allows for both retail and office uses.; - Includes 7 parking spaces.; - Current layout features 4 offices, an open area, and a kitchenette.
    (732) 859-2144
    Request Owner's contact information
    1989 Jumping Brk Rd Tinton Falls, NJ
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1989 Jumping Brk Rd
    Tinton Falls, NJ
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1989 Jumping Brk Rd Tinton Falls, NJ
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Douglas J. Sitar
    (732) 859-2144
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.