Neptune City Warehouse
1930 Heck Ave Neptune City, NJ
1930 Heck Ave, Neptune City, NJ, 00000
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For Sale
Contact for pricing
152,993 SF warehouse/industrial property in Neptune City, New Jersey.
Property Size152,993 SF
Lot Size11.05 Acres
Price / SF$261.45
Days on Market342
Property Features for 1930 Heck Ave
General Information
- Standard status
- Active
- Size
- 152,993 SF
- Lot size
- 11.05 Acres
- Property subtype
- INDUSTRIAL
Listing Agency
Zimmel Associates
(732) 661-9200
Listed by
David Zimmel · License #7933396
Source
Moodyscre
Added: Aug 13, 2025 Checked: Jul 19 at 5:31 am
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 Zimmel Associates
Investment Insights
Based on property information with market context.
This property is a 152,993 square foot warehouse and industrial property located in Neptune City, New Jersey.
Key Highlights
- 152,993 SF warehouse/industrial property
- Located in Neptune City, New Jersey
Local Financial Insights For Warehouse
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 | $2.20M | $14.40 |
| − Vacancy | −$108.0k | −$0.71 |
| EGI | $2.10M | $13.69 |
| − OpEx | −$314.3k | −$2.05 |
| NOI | $1.78M | $11.64 |
152,993 SF · lease $14.40/SF/yr · vacancy 4.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$25.44M
$22.26M – $29.68M
NOI $1,780,875 @ 7.0% cap · market cap 4.45%
Second Best
Industrial
$20.95M
$18.33M – $24.44M
NOI $1,466,603 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$39.95M
$34.96M – $46.61M
NOI $2,796,467 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- Public Storage — 1515 Washington Ave, Neptune Township, NJ 07753
- Sss — Neptune City, NJ 07753
FAQs
What type of property is this?
Warehouse - 152,993 SF warehouse/industrial property in Neptune City, New Jersey.
Where is this warehouse located?
The property is located at 1930 Heck Ave Neptune City, NJ.
What is the asking price?
The asking price for this property is $40,000,000.
What are key features of this property?
This property features: 152,993 SF warehouse/industrial property; Located in Neptune City, New Jersey
