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Medical Center with Flexible Suites
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197 Hance Avenue, Tinton Falls, NJ 07724

Commercial Lease, Tinton Falls, NJ

Space Size150 SF - 40,000 SF
Lot Size2.73 Acres
Days on Market159

Property Features for 197 Hance Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Research, Professional, Multi-Use, Mixed, Conforming Use, Commercial
Rooms Basement
Parking 110
Parking features Covered, Parking Lot, Off Street, Guest, Offsite
Security features Security System
Interior features Handicapped, Auto Bay, Dock Height, Fluorescent, Incandescent, Internal Loading, Refrigeration
Exterior features Display Window, Dock Height, Lighting, Outdoor Shower
Fencing Fenced
Basement Partially Finished, Finished, Walk-Out Access, Full
Accessibility Accessible Approach with Ramp
Lot features Level, Curbing, Landscaped, Sidewalks
Directions Corner of Hance Avenue and Apple Street
Standard status Active
APN 49-00015-01-00006
Size 40,200 SF
Lot size 2.73 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

Grand central recept lobby area

Building Details

Floors in Building 3
Flooring type Concrete, Marble, Vinyl, Tile, Linoleum
Building materials Stone, Concrete
Roof type Flat
Listing Agency: eRealty Advisors, Inc.
Listed By: Christopher Ilvento
Added: Apr 11 Changed: Sep 14 Last Checked: Sep 16 at 1:06AM
MLS# 22609956

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 medical center at 197 Hance Avenue includes exam and treatment rooms, private offices, meeting areas, reception space, and support areas arranged within an institutional-quality facility. The building is elevator served and includes internal loading, dock-height features, central air, forced-air heating, public water, and public sewer. Accessible entry features and varied flooring support a range of professional operations.

The property occupies 2.73 acres in Tinton Falls, with covered and off-street parking, a parking lot, guest parking, fencing, and exterior lighting. Access is available to the Garden State Parkway, Route 18, Route 35, and Route 36. Flexible suites and build-to-suit arrangements are offered for medical, veterinary, wellness, office, laboratory, educational, and other professional uses identified for the property.

Key Highlights

  • 2.73‑acre medical and professional office campus at 197 Hance Avenue
  • Elevator‑served building with exam rooms, treatment rooms, offices, meeting areas, and reception space
  • Existing medical and specialty‑use infrastructure

Property Analytics

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Current Use

TD Bank ATM Atm Trotter Thomas S ... Veterinary Clinic sportsvet Veterinary Clinic

Suggested Use

Top Pick Hair Salon Nail Salon Restaurant (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,087
Businesses Nearby

Demographics for 07724, NJ

23,494
Population
10,424
Households
2.3
Avg Household Size
44
Median Age
45%
College-Educated
92%
High-School Grad
12.1 sq mi
ZIP Area
1,942
Density / Sq Mi
$99,170
Median Household Income
$53,234
Median Earnings
$1,640
Median Rent
$487,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical center - Elevator-served facility with exam rooms, treatment areas, offices, reception, and substantial medical-use infrastructure.
Where is this medical center located?
The property is located at 197 Hance Avenue Tinton Falls, NJ.
What are key features of this property?
This property features: 2.73‑acre medical and professional office campus at 197 Hance Avenue; Elevator‑served building with exam rooms, treatment rooms, offices, meeting areas, and reception space; Existing medical and specialty‑use infrastructure
More about this property
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