1423 Corlies Avenue, Neptune, NJ 07753
COMMERCIAL - Neptune Township, NJ
- Added:
- May 1, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 17 at 12:06 am
Property Features for 1423 Corlies Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 15
- Parking features
- Off Street, Offsite, Parking Lot, On Street
- Security features
- Security System
- Interior features
- Auto Bay
- Fireplace
- 1
- Standard status
- Active
- APN
- 35-01004-0000-00009
- Size
- 3,358 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13564
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1957
- Floors in Building
- 1
- Flooring type
- Linoleum, Concrete
- Building materials
- Block, Brick
- Roof type
- Flat
Listing agent Robert Dekanski License #232901 (732) 827-5344
Listing office RE/MAX 1st. Advantage 727 Raritan Rd., Colonia, NJ (732) 827-5344
Listing date May 1, 2026
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.
HighLights
- Freestanding 60x60 auto repair service building on a 2,405 sq ft corner lot
- Additional garage for extra service space, plus multiple garage bays
- Front reception area, ample on‑site storage, and a private 1/2 bath
- Parking for 15+ cars, with off‑street, offsite, parking lot, and on‑street options
- Public water and public sewer; forced‑air heating; flat roof
- Block and brick construction (built in 1957) with linoleum and concrete flooring and a basement
Overview
Local Financial Insights For Retail
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 | $72.5k | $21.60 |
| − Vacancy | −$4.1k | −$1.21 |
| EGI | $68.5k | $20.39 |
| − OpEx | −$20.5k | −$6.12 |
| NOI | $47.9k | $14.27 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Tire Works Plus — 2439 NJ-33, Neptune City, NJ 07753
- Galaxy Communications — 2457 NJ-33, Neptune City, NJ 07753
- GLM Auto Repair — 158 W Sylvania Ave, Neptune City, NJ 07753
- PPF CAR PROTECTION — 543 N Riverside Dr, Manasquan, NJ 08736
- Tow Co. LLC
Location Insight
- Map
- Local Demand
- City
- Neptune
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.029295
- Latitude
- 40.209264
