Turnkey Corner Office
For Sale
$699,000
1400 Union Avenue, Union Beach, NJ 07735
COMMERCIAL - Union Beach, NJ
Property Size2,916 SF
Lot Size0.22 Acres
Price / SF$239.71
Days on Market132
Property Features for 1400 Union Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Office, Retail, Professional, Multi-Use, Commercial
Parking
14
Parking features
Parking Lot
Basement
Crawl Space
Lot features
Level, Curbing, Sidewalks, Corner Lot
Directions
Route 36 to Union Ave.
Standard status
Active
APN
50-00178-0000-00002
Size
2,916 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7934
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1955
Floors in Building
1
Flooring type
Tile
Building materials
Concrete, Stucco
Roof type
Flat
Listing Agency:
RE/MAX 1st. Advantage
(732) 827-5344
Listed By:
Robert Dekanski · License #232901
(732) 827-5344
Added: Mar 26
Changed: Jun 15
Last Checked: Aug 4 at 9:06AM
MLS# 22607974
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.
Investment Insights
Based on property information with market context.
This turnkey office suite is housed in a corner-lot commercial property featuring modern upgrades throughout. The layout includes six office spaces, a kitchenette, and two half bathrooms. Comfort is supported by central air and forced heat. Additional space is provided by an oversized garage/warehouse, making the configuration useful for teams that need both office and storage or light operational space.
The property sits on a corner lot with drive-by traffic and high visibility. It offers on-site parking in a private parking lot and is positioned with convenient access to public transit and major roads, including Route 36. The surrounding area includes shopping and dining options.
Zoned B-2, this space is well suited for professional office users looking for a ready-to-operate environment with dedicated room count, built-in amenities, and the benefit of an oversized garage/warehouse. The combination of office configuration, central HVAC, and on-site parking supports day-to-day operations without requiring immediate interior buildout.
The property sits on a corner lot with drive-by traffic and high visibility. It offers on-site parking in a private parking lot and is positioned with convenient access to public transit and major roads, including Route 36. The surrounding area includes shopping and dining options.
Zoned B-2, this space is well suited for professional office users looking for a ready-to-operate environment with dedicated room count, built-in amenities, and the benefit of an oversized garage/warehouse. The combination of office configuration, central HVAC, and on-site parking supports day-to-day operations without requiring immediate interior buildout.
Key Highlights
- Highly visible corner‑lot office space with 6 office spaces plus a kitchenette and 2 half baths
- Approximately 2,900 sq ft office building zoned B‑2
- Central air and forced‑air heating; flat roof
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 | $87.5k | $30.00 |
| − Vacancy | −$28.0k | −$9.60 |
| EGI | $59.5k | $20.40 |
| − OpEx | −$14.9k | −$5.10 |
| NOI | $44.6k | $15.30 |
2,916 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$637.4K
$557.7K – $743.6K
NOI $44,615 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$761.4K
$666.3K – $888.3K
NOI $53,300 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Office units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
Explore this area
Business Placement
Demographics for 07735, NJ
18,652
Population
8,411
Households
2.2
Avg Household Size
42
Median Age
33%
College-Educated
92%
High-School Grad
4.9 sq mi
ZIP Area
3,807
Density / Sq Mi
$98,760
Median Household Income
$57,988
Median Earnings
$1,520
Median Rent
$384,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Turnkey office setup with multiple rooms, kitchenette, two half baths, central HVAC, and an oversized garage/warehouse.
Where is this office units located?
The property is located at 1400 Union Avenue Union Beach, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Highly visible corner‑lot office space with 6 office spaces plus a kitchenette and 2 half baths; Approximately 2,900 sq ft office building zoned B‑2; Central air and forced‑air heating; flat roof
