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Office Building with Retail Use Potential

2200 Bridge Avenue, Point Pleasant, NJ 08742

For Sale
$899,000

Commercial Sale, Point Pleasant, NJ

Property Size1,889 SF
Lot Size0.24 Acres
Price / SF$475.91
Days on Market48

Property Features for 2200 Bridge Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Office, Retail, Professional, Neighborhood, Commercial, Central Business
Lot features Level, Curbing, Highway Frontage, Corner Lot
Directions Take RT 88 and turn east onto Bridge Ave.
Subdivision Pt Plsnt Boro
Standard status Active
APN 25-00299-01-00040
Size 1,889 SF
Lot size 0.24 Acres

Additional Details

Property Use Office

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11335

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1954
Floors in Building 1
Flooring type Wood
Roof type Shingle
Buildings 1
Listing Agency: Diane Turton, Realtors-Point Pleasant Boro
Listed By: Linda Busichio
Added: Sep 23 Changed: Nov 6 Last Checked: Nov 9 at 6:06AM
MLS# 22630151

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,889-square-foot, single-story office building sits on a 0.24-acre parcel. Its current configuration is office use, while zoning permits retail or office use. Wood flooring, a shingle roof, and public water and sewer serve the property; it was built in 1954.

The building fronts Bridge Avenue, where its signage is positioned. Parking areas are located at both the front and rear of the property.

Key Highlights

  • 1,889‑square‑foot, single‑story commercial building
  • 0.24‑acre parcel
  • Zoning permits retail or office use; currently configured as an office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,902
Cap Rate
3.21%
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 3.21%
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 3.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Parking Lot & Garage Big Box & Wholesale Store Auto Parts Store Daycare Center Pharmacy

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

473
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - The single-story property has parking areas 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 $899,000.
What are key features of this property?
This property features: 1,889‑square‑foot, single‑story commercial building; 0.24‑acre parcel; Zoning permits retail or office use; currently configured as an office
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