Three-Unit Mixed-Use Commercial
1409- Nw Central Avenue Seaside Park, NJ 08752
For Sale
$799,900
Three separate commercial units with updated electrical service and HVAC, zoned Mixed Use.
Property Size2,600 SF
Price / SF$307.65
Days on Market207
Property Features for 1409- Nw Central Avenue
General Information
- Standard status
- Active
- Size
- 2,600 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1950
Listing Agency:
(732) 914-0074
Listed By:
Toms River
(732) 914-0074
Source:
Xome
Added: Dec 30, 2025
Changed: Jul 23
Last Checked: Jul 25 at 2:34AM
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 Toms River
Investment Insights
Based on property information with market context.
This three-unit mixed-use commercial building is currently configured with an established yoga studio, a former luncheonette with a counter and a commercial hood still in place, and an office unit set up for professional use. The office space includes dated finishes and is in need of updates, creating a straightforward value-add opportunity. Recent improvements include updated electrical service, central air conditioning, and furnaces.
Located in Seaside Park, the property is just one block from the beach, boardwalk, and bay, supporting a year-round commercial presence.
The property is zoned Mixed Use, which allows for a variety of commercial uses. Redevelopment possibilities may include conversion to a single-family home or duplex, subject to municipal approvals.
Located in Seaside Park, the property is just one block from the beach, boardwalk, and bay, supporting a year-round commercial presence.
The property is zoned Mixed Use, which allows for a variety of commercial uses. Redevelopment possibilities may include conversion to a single-family home or duplex, subject to municipal approvals.
Key Highlights
- Three separate mixed‑use commercial units: established yoga studio, former luncheonette with hood, and an office unit for professional use
- Zoned MX (mixed use), allowing for a variety of commercial uses; possible conversion to single‑family home or duplex subject to municipal approvals
- Recent improvements include updated electrical service, central air conditioning, and furnaces
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 | $78.0k | $30.00 |
| − Vacancy | −$25.0k | −$9.60 |
| EGI | $53.0k | $20.40 |
| − OpEx | −$13.3k | −$5.10 |
| NOI | $39.8k | $15.30 |
2,600 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$568.3K
$497.3K – $663.0K
NOI $39,780 @ 7.0% cap · market cap 4.97%
Second Best
Specialty Retail
$568.0K
$497.0K – $662.7K
NOI $39,761 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$678.9K
$594.1K – $792.1K
NOI $47,524 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Three separate commercial units with updated electrical service and HVAC, zoned Mixed Use.
Where is this office units located?
The property is located at 1409- Nw Central Avenue Seaside Park, NJ.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Three separate mixed‑use commercial units: established yoga studio, former luncheonette with hood, and an office unit for professional use; Zoned MX (mixed use), allowing for a variety of commercial uses; possible conversion to single‑family home or duplex subject to municipal approvals; Recent improvements include updated electrical service, central air conditioning, and furnaces
