First-Floor Two-Office
2-800 The Plz Sea Girt, NJ 07753
2-800 The Plz, Sea Girt, NJ, 07753
$525,000
For Sale
$525,000
Turn-key first-floor office condo includes open workspace, two private offices, and a bathroom with ample parking.
Property Size2,000 SF
Price / SF$262.50
Days on Market94
Property Features for 2-800 The Plz
General Information
- Standard status
- Active
- Size
- 2,000 SF
Listing agency
Ward Wight Sotheby's International Realty
(732) 449-3322
Listed by
Keith W Kernan · License #0560338
(732) 449-3322
Source
Exprealty
Added: Apr 20 Updated: Jul 22 at 8:28AM Checked: Jul 22 at 8:28AM
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 Ward Wight Sotheby's International Realty
Investment Insights
Based on property information with market context.
This first-floor, turn-key two-office condo offers an open floor plan designed for flexible workspace, along with recently updated flooring. The unit includes two private offices, a bathroom, and substantial room for daily operations.
The property is located in Sea Girt. It offers plenty of parking for occupants and visitors. The combined two-office condo is also listed separately as individual units that are deeded individually and can be separated.
With approximately 2,000 square feet in the combined offering, the space is presented for professional general office use.
The property is located in Sea Girt. It offers plenty of parking for occupants and visitors. The combined two-office condo is also listed separately as individual units that are deeded individually and can be separated.
With approximately 2,000 square feet in the combined offering, the space is presented for professional general office use.
Key Highlights
- First‑floor, turn‑key two‑office condo with open floor plan, recently updated flooring, and a bathroom
- Approximately 2,000 SF combined unit featuring two private offices and ample workspace
- Deeded individually: can be separated into two ~1,000 SF office condo units
Local 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 | $60.0k | $30.00 |
| − Vacancy | −$19.2k | −$9.60 |
| EGI | $40.8k | $20.40 |
| − OpEx | −$10.2k | −$5.10 |
| NOI | $30.6k | $15.30 |
2,000 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$437.1K
$382.5K – $510.0K
NOI $30,600 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$522.2K
$457.0K – $609.3K
NOI $36,557 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Turn-key first-floor office condo includes open workspace, two private offices, and a bathroom with ample parking.
Where is this office units located?
The property is located at 2-800 The Plz Sea Girt, NJ.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: First‑floor, turn‑key two‑office condo with open floor plan, recently updated flooring, and a bathroom; Approximately 2,000 SF combined unit featuring two private offices and ample workspace; Deeded individually: can be separated into two ~1,000 SF office condo units
