Three-Unit Commercial Property with
1409-1411 NW Central Avenue Seaside Park, NJ 08752
For Sale
$799,900
COMMERCIAL - Seaside Park, NJ
Property Size2,600 SF
Lot Size0.11 Acres
Price / SF$307.65
Days on Market185
Property Features for 1409-1411 NW Central Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Window features
- Insulated Windows
- Interior features
- Fluorescent, Incandescent, Refrigeration
- Exterior features
- Lighting
- Standard status
- Active
- APN
- 28-00074-01-00056
- Size
- 2,600 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6190
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Flooring type
- Vinyl
- Building materials
- Concrete
- Roof type
- Shingle
Listing Agency:
RE/MAX at Barnegat Bay
(732) 473-1700
Listed By:
Susan Lucas-Sterling · License #9799761
(732) 473-1700
Added: Jan 21
Changed: Jun 8
Last Checked: Jul 25 at 6:06PM
MLS# 22601962
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 three-unit commercial property includes a prior yoga studio space, a luncheonette with a counter and commercial hood still in place, and a separate office unit configured for professional use. Recent upgrades are reflected in updated electrical service, central air conditioning, and furnaces, supporting a ready-to-occupy layout for compatible uses.
The property is located in Seaside Park, about one block from the bay and two blocks from the ocean, positioning it for tenants that benefit from a coastal retail and service environment. The current configuration offers flexibility for continued commercial use, including the potential for mixed-use or redevelopment, depending on municipal review.
Buyers should note that proposed commercial and redevelopment possibilities are subject to Borough review and all required municipal approvals. The remarks also reference a proposed Ordinance 2026-22 that may remove a 10-year look-back for renovations, which could provide more flexibility within the 50% improvement threshold. Because the scope of permitted uses and renovation limits can depend on ordinance status and approvals, prospective purchasers must verify all uses, constraints, and entitlement requirements directly with the Borough.
The property is located in Seaside Park, about one block from the bay and two blocks from the ocean, positioning it for tenants that benefit from a coastal retail and service environment. The current configuration offers flexibility for continued commercial use, including the potential for mixed-use or redevelopment, depending on municipal review.
Buyers should note that proposed commercial and redevelopment possibilities are subject to Borough review and all required municipal approvals. The remarks also reference a proposed Ordinance 2026-22 that may remove a 10-year look-back for renovations, which could provide more flexibility within the 50% improvement threshold. Because the scope of permitted uses and renovation limits can depend on ordinance status and approvals, prospective purchasers must verify all uses, constraints, and entitlement requirements directly with the Borough.
Key Highlights
- Three‑unit commercial property in Seaside Park, one block from the bay and two blocks from the ocean
- Includes a prior yoga studio space plus a luncheonette area with commercial hood still in place
- Separate office unit configured for professional use
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
Property Profile
Location Intelligence
Current Use by Public Records
Spa & wellness properties
FAQs
What type of property is this?
Spa & wellness property - Three-unit building with yoga studio, luncheonette hood, and office space, with updated electrical and HVAC.
Where is this spa & wellness property located?
The property is located at 1409-1411 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‑unit commercial property in Seaside Park, one block from the bay and two blocks from the ocean; Includes a prior yoga studio space plus a luncheonette area with commercial hood still in place; Separate office unit configured for professional use
