1540 State Route 138, Wall, NJ 07719
COMMERCIAL - Wall, NJ
- Added:
- Feb 20, 2026
- Days on Market:
- 120
- Last Refresh:
- Jun 20 at 7:06 am
Property Features for 1540 State Route 138
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Parking Lot
- Security features
- Security System
- Interior features
- Handicapped
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 52-00116-0000-00010-108
- Size
- 1,194 SF
- Lot size
- 0.01 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4367
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 2
Listing agent Amylee Monte (732) 892-9900
Listing office Realty One Group Emerge 606 A Arnold Ave., Point Pleasant Beach, NJ (732) 892-9900
Listing date Feb 20, 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
- Turn‑key professional suite with four private offices and open workspace.
- Excellent location near Garden State Parkway, I‑95, and Route 18.
- Potential to transform into a medical suite.
- Building features elevator access.
- Ample parking available.
- Handicapped accessible with ramp.
Overview
Located in Wall, New Jersey at 1540 State Route 138, the property offers convenient access to major routes including the Garden State Parkway, I-95, and Route 18. The building includes elevator access and ample parking, supporting both employee and client arrivals.
For buyers seeking an immediately usable suite, the combination of private office count, open workspace, and in-suite amenities makes the space well-suited for professional services. The enclosed private bathroom and kitchenette help reduce reliance on shared facilities, and the floorplan’s adaptability supports potential office-to-medical transitions for qualified users.
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 | $35.8k | $30.00 |
| − Vacancy | −$11.5k | −$9.60 |
| EGI | $24.4k | $20.40 |
| − OpEx | −$6.1k | −$5.10 |
| NOI | $18.3k | $15.30 |
Alternative Uses
Current Use by Public Records
Map
- City
- Wall
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.055528
- Latitude
- 40.172863
