Two-Unit Mixed-Use
For Sale
$730,000
17 E Main Street, Tuckerton, NJ 08087
COMMERCIAL - Tuckerton, NJ
Property Size3,590 SF
Lot Size0.16 Acres
Price / SF$203.34
Days on Market49
Property Features for 17 E Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot, Paved or Surfaced
Lot features
Level
Directions
Route 539 to Route 9 South - Property is on your right side
Subdivision
Greater Tuckerton
Standard status
Active
APN
33-00013-0000-00019
Size
3,590 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7561
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Forced Air
Cooling system
Central Air, Electric
Water source
Public
Building Details
Floors in Building
2
Roof type
Shingle
Listing Agency:
Keller Williams Preferred Properties, Ship Bottom · Keller Williams Realty
(609) 324-7600
Listed By:
Donna T Wilson
(609) 324-7600
Added: Jun 24
Changed: Aug 5
Last Checked: Aug 11 at 5:06AM
MLS# 22619210
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 newly renovated two-unit mixed-use property combines commercial and residential spaces within one building. The layout includes two commercial units and two residential units, designed to support multiple occupancy options.
Utilities and core building systems are in place for day-to-day operations, including public water and public sewer service. The property is heated with hot water heating and forced air, and cooled with central air and electric cooling. The roof is a shingle roof, and on-site parking is provided in a parking lot with paved or surfaced areas.
Set on a 0.16-acre lot with a total property size of 3,590 square feet, the building is positioned for business owners seeking a mixed-use setup and for investors evaluating a flexible live/work or income approach.
Utilities and core building systems are in place for day-to-day operations, including public water and public sewer service. The property is heated with hot water heating and forced air, and cooled with central air and electric cooling. The roof is a shingle roof, and on-site parking is provided in a parking lot with paved or surfaced areas.
Set on a 0.16-acre lot with a total property size of 3,590 square feet, the building is positioned for business owners seeking a mixed-use setup and for investors evaluating a flexible live/work or income approach.
Key Highlights
- Newly renovated two‑unit mixed‑use building with commercial and residential units
- 3,590 SF total building size
- 0.16‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$60,083
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,201,660
$1.2M
Cap Rate 7%
$858,329
$858.3K
Cap Rate 9%
$667,589
$667.6K
Market Conditions
NOI Build-Up for 3,590 SF
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.
Gross rent
$91.8K $25.56/SF
− Vacancy
−$5.9K −$1.65/SF
EGI
$85.8K $23.91/SF
− OpEx
−$25.7K −$7.17/SF
NOI
$60.1K $16.74/SF
Area
Ocean County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,201,660
Cap Rate 7%
$858,329
Cap Rate 9%
$667,589
Alternative Uses
Best Use
Multifamily LT 5
$858.3K
$751.0K – $1.00M
NOI $60,083 @ 7.0% cap · market cap 8.23%
Second Best
Apartment 5plus
$788.7K
$690.1K – $920.1K
NOI $55,207 @ 7.0% cap · market cap 7.56%
Theoretical Best
Office A
$937.4K
$820.2K – $1.09M
NOI $65,619 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
355
Businesses Nearby
Explore this area
Business Placement
Demographics for 08087, NJ
25,191
Population
12,982
Households
1.9
Avg Household Size
49
Median Age
28%
College-Educated
94%
High-School Grad
70.1 sq mi
ZIP Area
359
Density / Sq Mi
$87,449
Median Household Income
$47,779
Median Earnings
$1,760
Median Rent
$323,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Newly renovated two-unit mixed-use building with public water and public sewer, plus central air and forced-air heat.
Where is this mixed-use property located?
The property is located at 17 E Main Street Tuckerton, NJ.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: Newly renovated two‑unit mixed‑use building with commercial and residential units; 3,590 SF total building size; 0.16‑acre lot
