1405 State Route 35, Asbury Park, NJ 07712
A multi-use commercial building with flexible interior space and on-site parking, suited for office, medical, or showroom uses.
- Added:
- Jun 5, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 13 at 2:09 am
Property Features for 1405 State Route 35
General Information
- Standard status
- Active
- Size
- 13,814 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1973
Listing agent ESTHER ASHKENAZI
Listing office TOWN & COUNTRY REAL ESTATE CONSULTANTS (732) 531-1114
Listing date Jun 5, 2026
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 TOWN & COUNTRY REAL ESTATE CONSULTANTS
HighLights
- Approximately 14,000 SF commercial building built in 1973
- Flexible interior layout suited for office, medical, professional offices, showroom, or mixed commercial uses
- Designed for single‑user occupancy or partial owner occupancy
- Includes efficient layout with substantial footprint for adaptable space needs
- On‑site parking with easy access for clients, staff, and deliveries
Overview
The property is located at 1405 State Route 35 in Ocean Twp, NJ, and is presented with strong highway visibility and easy access for clients, staff, and deliveries. On-site parking is also included, supporting convenient day-to-day operations and customer access.
From a tenant or owner-operator standpoint, the combination of flexible interior space and convenient access makes this property workable for businesses seeking to control their footprint. The building’s design accommodates a variety of professional and commercial uses, including medical and office-related operations, making it a practical option for an end user looking to establish or expand in a property they can own.
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 | $414.4k | $30.00 |
| − Vacancy | −$132.6k | −$9.60 |
| EGI | $281.8k | $20.40 |
| − OpEx | −$70.5k | −$5.10 |
| NOI | $211.4k | $15.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Asbury Park
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.037955
- Latitude
- 40.245695
