Commercial Property on Lacey
213 Lacey Road Forked River, NJ 08731
For Sale
$289,000
COMMERCIAL - Forked River, NJ
Property Size792 SF
Lot Size0.11 Acres
Price / SF$364.90
Days on Market95
Property Features for 213 Lacey Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
4
Parking features
Parking Lot
Standard status
Active
APN
13-01414-0000-00004
Size
792 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3167
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1950
Floors in Building
1
Roof type
Shingle
Listing Agency:
Crossroads Realty, Inc.
(732) 244-4900
Listed By:
Lori A Woytanowski
(732) 244-4900
Added: Apr 27
Last Checked: Jul 30 at 12:06AM
MLS# 22611814
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 commercial property is located on high-traffic Lacey Road in Forked River. The property offers visibility and accessibility for a variety of professional uses. The space features modern laminate flooring, a reception area, a conference room or private office, and a renovated bathroom. The property is suitable for medical offices, legal practices, or other business opportunities. The building has a total size of 792 square feet and is situated on a lot of approximately 0.11 acres. All prospective uses must be approved by Lacey Township. The property is being sold as is.
Key Highlights
- High‑traffic location on Lacey Road offering excellent visibility and accessibility.
- Suitable for a variety of professional uses (medical, legal, etc.).
- Features modern laminate flooring and a welcoming reception area.
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 | $23.8k | $30.00 |
| − Vacancy | −$7.6k | −$9.60 |
| EGI | $16.2k | $20.40 |
| − OpEx | −$4.0k | −$5.10 |
| NOI | $12.1k | $15.30 |
792 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$173.1K
$151.5K – $202.0K
NOI $12,118 @ 7.0% cap · market cap 4.19%
Second Best
Healthcare Medical
$168.5K
$147.4K – $196.6K
NOI $11,793 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$206.8K
$181.0K – $241.3K
NOI $14,476 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Bayberry Veterinary Hospital — 127 S Main St, Forked River, NJ 08731
Frequently Asked Questions
What type of property is this?
Medical Office Space - High-visibility commercial property suitable for various professional uses.
Where is this medical office space located?
The property is located at 213 Lacey Road Forked River, NJ.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: High‑traffic location on Lacey Road offering **excellent visibility and accessibility.**; Suitable for a variety of professional uses (medical, legal, etc.).; Features modern laminate flooring and a welcoming reception area.