195 State Route 36, West Long Branch, NJ 07764
Office building for sale with on-site parking.
- Added:
- Oct 23, 2024
- Days on Market:
- 595
- Last Refresh:
- Apr 5 at 8:29 pm
Property Features for 195 State Route 36
General Information
- Standard status
- Active
- Size
- 9,920 SF
- Lot size
- 0.71 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1960
Listing agent THOMAS TVRDIK License #1649035
Listing office RE/MAX GATEWAY (732) 695-1600
Listing date Oct 23, 2024
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX GATEWAY
HighLights
- Located on highly trafficked Route 36
- Parking on site
- Approvals in place for bridge replacement
- Approvals in place for sewer connection
- Office building
- Year Built: 1960
Overview
Local Financial Insights For Office B
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 | $297.6k | $30.00 |
| − Vacancy | −$95.2k | −$9.60 |
| EGI | $202.4k | $20.40 |
| − OpEx | −$50.6k | −$5.10 |
| NOI | $151.8k | $15.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- West Long Branch
- County
- Monmouth
- State
- New Jersey
- Longitude
- -73.987
- Latitude
- 40.3125
