Mixed-Use Live-Work
1900 State Route 35 Unit 1900 Wall, NJ 07719
For Sale
$1,300,000
Mixed-use live-work building offering storefront and office space with the option to subdivide.
Property Size2,637 SF
Price / SF$492.98
Days on Market110
Property Features for 1900 State Route 35 Unit 1900
General Information
Standard status
Active
Size
2,637 SF
Property subtype
Mixed Use
Building Details
Year Built
1960
Listing Agency:
Sitar Realty Company
(732) 275-7846
Listed By:
Thomas Deveney
(732) 275-7846
Source:
Xome
Added: Apr 11
Changed: Jul 10
Last Checked: Jul 16 at 6:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sitar Realty Company
Investment Insights
Based on property information with market context.
The property is a mixed-use live-work building that includes storefront and office space. It is configured as a combined commercial and residential opportunity, with the building identified as Unit 1900. The listing notes potential subdivision, which may appeal to buyers looking for flexibility in how the property can be structured.
The building is located east of Route 35 at the Jersey Shore. The public remarks indicate it is situated in both Spring Lake Heights and Wall Township, which is useful context for due diligence and permitting discussions.
For businesses evaluating a shore location with an on-site living component, the live-work format can simplify daily operations. For buyers exploring alternative configurations, the noted possibility of subdivision may support different use plans, subject to confirmation of feasibility. This is a for-sale mixed-use asset intended for buyers who want both commercial frontage and a residential option within the same property.
The building is located east of Route 35 at the Jersey Shore. The public remarks indicate it is situated in both Spring Lake Heights and Wall Township, which is useful context for due diligence and permitting discussions.
For businesses evaluating a shore location with an on-site living component, the live-work format can simplify daily operations. For buyers exploring alternative configurations, the noted possibility of subdivision may support different use plans, subject to confirmation of feasibility. This is a for-sale mixed-use asset intended for buyers who want both commercial frontage and a residential option within the same property.
Key Highlights
- Mixed‑use live‑work building with storefront and office space, built in 1960
- Parking available: off street and off site
- Property sits in both Spring Lake Heights and Wall Township
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 | $79.1k | $30.00 |
| − Vacancy | −$25.3k | −$9.60 |
| EGI | $53.8k | $20.40 |
| − OpEx | −$13.4k | −$5.10 |
| NOI | $40.3k | $15.30 |
2,637 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$576.4K
$504.3K – $672.4K
NOI $40,346 @ 7.0% cap · market cap 3.10%
Second Best
Retail
$537.7K
$470.5K – $627.3K
NOI $37,639 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$688.6K
$602.5K – $803.3K
NOI $48,200 @ 7.0% cap · market cap 3.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Live-work space - Mixed-use live-work building offering storefront and office space with the option to subdivide.
Where is this live-work space located?
The property is located at 1900 State Route 35 Unit 1900 Wall, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Mixed‑use live‑work building with storefront and office space, built in 1960; Parking available: off street and off site; Property sits in both Spring Lake Heights and Wall Township
