Corner Mixed-Use Retail
For Sale
Contact for pricing
1900 SR 35, Wall Township, NJ 07719
Mixed-use building on a busy Route 35 corner includes retail space, a rental apartment, and a separate residential house.
Property Size2,637 SF
Price / SF$492.98
Days on Market544
Property Features for 1900 SR 35
General Information
Standard status
Active
Size
2,637 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Listing Agency:
Sitar Realty Company - Corporate
(732) 283-9000
Listed By:
Ronald Schrader Jr.
(732) 859-1781
Source:
Moodyscre
Added: May 2, 2025
Changed: Oct 25
Last Checked: Oct 26 at 7:51PM
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 Sitar Realty Company - Corporate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use building is offered for sale or lease and is positioned on a corner along Route 35. The property includes retail space plus a rental apartment, and it also features a separate residential house intended to be redeveloped.
The site is described as being on a heavily traveled Highway 35 corridor at a busy intersection. Access is noted to nearby Routes 138/195, 34, 18, 71, and the Garden State Parkway.
For redevelopment or repositioning, the asset provides both retail and residential components within a corner configuration.
The site is described as being on a heavily traveled Highway 35 corridor at a busy intersection. Access is noted to nearby Routes 138/195, 34, 18, 71, and the Garden State Parkway.
For redevelopment or repositioning, the asset provides both retail and residential components within a corner configuration.
Key Highlights
- Mixed‑use building on a busy Route 35 corner, offered for sale or lease
- Includes retail space plus a rental apartment
- Separate residential house on‑site, to be redeveloped
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,639
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,780
$752.8K
Cap Rate 7%
$537,700
$537.7K
Cap Rate 9%
$418,211
$418.2K
Market Conditions
NOI Build-Up for 2,637 SF
Gross rent
$57.0K $21.60/SF
− Vacancy
−$3.2K −$1.21/SF
EGI
$53.8K $20.39/SF
− OpEx
−$16.1K −$6.12/SF
NOI
$37.6K $14.27/SF
Area
Monmouth County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,780
Cap Rate 7%
$537,700
Cap Rate 9%
$418,211
Alternative Uses
Best Use
Retail
$537.7K
$470.5K – $627.3K
NOI $37,639 @ 7.0% cap · market cap 2.90%
Second Best
Mixed Use
$508.6K
$445.0K – $593.3K
NOI $35,600 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$688.6K
$602.5K – $803.3K
NOI $48,200 @ 7.0% cap · market cap 3.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
510
Businesses Nearby
258k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 26%
Superstores 21%
Dining 20%
Shops & Services 19%
Target
Superstores
54,767 visits/mo
0.4 miles
Whole Foods Market
Groceries
45,999 visits/mo
0.5 miles
T.J. Maxx
Apparel
27,535 visits/mo
0.4 miles
Aldi
Groceries
20,898 visits/mo
0.3 miles
Dollar Tree
Shops & Services
18,542 visits/mo
0.5 miles
Demographics for 07719, NJ
21,665
Population
10,753
Households
2
Avg Household Size
46
Median Age
53%
College-Educated
96%
High-School Grad
12.7 sq mi
ZIP Area
1,706
Density / Sq Mi
$119,877
Median Household Income
$58,854
Median Earnings
$1,754
Median Rent
$628,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building on a busy Route 35 corner includes retail space, a rental apartment, and a separate residential house.
Where is this mixed-use property located?
The property is located at 1900 SR 35 Wall Township, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Mixed‑use building on a busy Route 35 corner, offered for sale or lease; Includes retail space plus a rental apartment; Separate residential house on‑site, to be redeveloped
