Historic Nursing Home and
For Sale
$3,499,900
184-186 State Route 34, Holmdel, NJ 07733
COMMERCIAL - Holmdel, NJ
Property Size9,000 SF
Price / SF$388.88
Days on Market46
Property Features for 184-186 State Route 34
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R4
Parking
1
Interior features
Storage
Lot features
Highway Location
Directions
Southbound side of Route 34, between Roberts Road and Pleasant Valley Road. Please use GPS.
Standard status
Active
APN
2000015000000301
Size
1 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
16778
Utilities
Sewer type
Septic Tank
Heating system
Radiant
Water source
Public
Building Details
Floors in Building
3
Flooring type
Carpet
Additional Structures
Storage
Listing Agency:
VRI HOMES
(732) 264-9511
Listed By:
Nita Loebis
(800) 531-2885
Added: Jun 16
Changed: Jun 20
Last Checked: Jul 31 at 11:06PM
MLS# 2617681R
Copyright © 2026 All Jersey 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.
The property includes a main building of approximately 9,000 square feet across three floors. The building is described as having period details, including prominent doors, marble fireplaces, an original wood banister, and wide moldings. Historical use is noted as a nursing home with 40 beds, along with a large kitchen served by a dumb waiter.
A free-standing ranch house is located at the back of the property, with approximately 2,500 square feet plus a full basement. The ranch house is described as having 5 bedrooms and 2.5 bathrooms, along with an oversized two-car garage. Additional improvements include a barn, two separate garages, sheds, and other outbuildings on an approximately 15-acre tract.
The site is offered in Holmdel, New Jersey at 184-186 State Route 34, within a reported R4 zoning designation. The property is identified as having a farm assessment qualifier, with 13.130 acres deemed farmland. Reported 2025 taxes total $169.29 for the farmland portion and $16,608.89 for the approximate 2 acres with buildings. Buyers are advised to conduct their own due diligence regarding uses and feasibility for the various structures.
A free-standing ranch house is located at the back of the property, with approximately 2,500 square feet plus a full basement. The ranch house is described as having 5 bedrooms and 2.5 bathrooms, along with an oversized two-car garage. Additional improvements include a barn, two separate garages, sheds, and other outbuildings on an approximately 15-acre tract.
The site is offered in Holmdel, New Jersey at 184-186 State Route 34, within a reported R4 zoning designation. The property is identified as having a farm assessment qualifier, with 13.130 acres deemed farmland. Reported 2025 taxes total $169.29 for the farmland portion and $16,608.89 for the approximate 2 acres with buildings. Buyers are advised to conduct their own due diligence regarding uses and feasibility for the various structures.
Key Highlights
- Main building has approx 9,000 SF across 3 floors, originally a nursing home with 40 beds
- Property includes a free‑standing ranch house at the rear with approx 2,500 SF, full basement, 5 BRs, 2.5 BAs, and an oversized 2‑car garage
- Approx 15‑acre tract with a barn, 2 separate garages, sheds, and other outbuildings
Financial Insights For Healthcare Medical
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 | $237.6k | $26.40 |
| − Vacancy | −$14.3k | −$1.58 |
| EGI | $223.3k | $24.82 |
| − OpEx | −$89.3k | −$9.93 |
| NOI | $134.0k | $14.89 |
9,000 SF · lease $26.40/SF/yr · vacancy 6.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.91M
$1.68M – $2.23M
NOI $134,006 @ 7.0% cap · market cap 3.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.35M
$2.06M – $2.74M
NOI $164,506 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 07733, NJ
17,266
Population
6,318
Households
2.7
Avg Household Size
46
Median Age
67%
College-Educated
97%
High-School Grad
17.8 sq mi
ZIP Area
970
Density / Sq Mi
$175,559
Median Household Income
$100,004
Median Earnings
$3,501
Median Rent
$814,000
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- CareOne at Holmdel — 188 NJ-34, Holmdel, NJ 07733
Frequently Asked Questions
What type of property is this?
Nursing home - Multi-building estate with a landmark 3-floor nursing home structure, plus a ranch house and extensive outbuildings on farmland assessed acreage.
Where is this nursing home located?
The property is located at 184-186 State Route 34 Holmdel, NJ.
What is the asking price?
The asking price for this property is $3,499,900.
What are key features of this property?
This property features: Main building has approx 9,000 SF across 3 floors, originally a nursing home with 40 beds; Property includes a free‑standing ranch house at the rear with approx 2,500 SF, full basement, 5 BRs, 2.5 BAs, and an oversized 2‑car garage; Approx 15‑acre tract with a barn, 2 separate garages, sheds, and other outbuildings
