Neptune City Warehouse
For Sale
Contact for pricing
1930 Heck Ave, Neptune City, NJ
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 Market359
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
Changed: Jul 6
Last Checked: Jul 21 at 4:57AM
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
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 authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,419
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Public Storage — 1515 Washington Ave, Neptune Township, NJ 07753
- Sss — Neptune City, NJ 07753
Frequently Asked Questions
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
