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Single-Story Office Building

2200 Bridge Avenue, Point Pleasant, NJ 08742

For Sale
$975,000

Flexible zoning supports office or retail use, with parking at both the front and rear.

Property Size1,889 SF
Price / SF$516.15
Days on Market46

Property Features for 2200 Bridge Avenue

General Information

Standard status Active
Size 1,889 SF
Property subtype Commercial
Zoning Neighborhood, Retail, Central Business,

Additional Details

Road Access Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $11,335

Building Details

Building Size 1,889 SF
Year Built 1954
Buildings 1
Stories 1
Listing Agency: Diane Turton, Realtors-Wall
Listed By: Rosemarie J Caruso
Source: Cammarotarealestate
Added: Sep 23 Changed: Nov 6 Last Checked: Nov 6 at 2:24PM

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 Diane Turton, Realtors-Wall

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Investment Insights

Based on property information with market context.

This 1,889-square-foot, single-story commercial building was built in 1954 and is currently configured for office use. The site covers nearly one-quarter acre, with parking areas at the front and rear. Zoning allows office and retail uses.

The property is on Bridge Avenue in Point Pleasant, along a busy main road. Its roadside signage provides a visible identifier for visitors.

Key Highlights

  • 1,889‑square‑foot commercial building
  • Built in 1954
  • Nearly one‑quarter‑acre site

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,902
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$578,040 $578.0K
Cap Rate 7%
$412,886 $412.9K
Cap Rate 9%
$321,133 $321.1K
Market Conditions
NOI Build-Up for 1,889 SF
Gross rent
$56.7K $30.00/SF
− Vacancy
−$18.1K −$9.60/SF
EGI
$38.5K $20.40/SF
− OpEx
−$9.6K −$5.10/SF
NOI
$28.9K $15.30/SF
Area
Ocean County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$578,040
Cap Rate 7%
$412,886
Cap Rate 9%
$321,133

Alternative Uses

Best Use
Office B
$412.9K
$361.3K – $481.7K (±1% cap)
NOI $28,902 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$493.3K
$431.6K – $575.5K (±1% cap)
NOI $34,528 @ 7.0% cap · market cap 3.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office Auto Parts Store Spa & Massage Center Law Firm

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
Paved road access

Location Intelligence

Trade Area within ½ mile

856
Businesses Nearby

Demographics for 08742, NJ

25,056
Population
12,604
Households
2
Avg Household Size
46
Median Age
52%
College-Educated
95%
High-School Grad
5.6 sq mi
ZIP Area
4,474
Density / Sq Mi
$111,983
Median Household Income
$57,547
Median Earnings
$1,879
Median Rent
$576,300
Median Home Value

Market

Average Price Trend$/SF for Office buildings in Ocean County, NJ

$373 Jul
$390 Aug
$415 Sep
$367 Oct

Properties on Market for Office buildings in Ocean County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Flexible zoning supports office or retail use, with parking at both the front and rear.
Where is this office building located?
The property is located at 2200 Bridge Avenue Point Pleasant, NJ.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 1,889‑square‑foot commercial building; Built in 1954; Nearly one‑quarter‑acre site
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Includes: Price & PSF · Cap rate · Location · Zoning

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