1405 State Route 35 Unit 1405, Asbury Park, NJ 07712
Approx. 14,000 sq ft building designed for flexible office, medical, or showroom use with on-site parking and easy access.
- Added:
- May 28, 2026
- Days on Market:
- 19
- Last Refresh:
- Jun 15 at 5:08 am
Property Features for 1405 State Route 35 Unit 1405
General Information
- Standard status
- Active
- Size
- 13,814 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1973
Listing agent Esther Ashkenazi (732) 618-0787
Listing office Town & Country Real Estate Consultants (732) 618-0787
Listing date May 28, 2026
Source Xome
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HighLights
- Approx. 14,000 sq ft commercial building built in 1973
- Flexible design suited for office, medical, professional, showroom, or mixed commercial uses
- Can work for single‑user occupancy or partial owner occupancy
- Interior flexibility allows for build‑out to fit a business’s needs
- On‑site parking for clients, staff, and deliveries
- Highway visibility with easy access
Overview
The building is located at 1405 State Route 35 Unit 1405 in Ocean Twp, NJ, with access designed to serve clients, staff, and deliveries. Public remarks also note strong highway visibility and the convenience of on-site parking, which can help streamline day-to-day operations and customer access.
For an end user, this is an opportunity to own a purpose-flexible commercial asset and align the space with an office, medical, professional, showroom, or mixed commercial operation. For buyers evaluating partial owner-occupancy, the described flexibility can support operating requirements while retaining the option to tailor portions of the building for additional use. The property’s configuration is centered on enabling control over the premises rather than relying on a landlord-tenant setup.
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
