Matawan Commercial Building For
For Sale
$825,000
26 Little Street, Matawan, NJ 07747
4,722 sq ft commercial building in Matawan's General Business Zone.
Property Size4,722 SF
Lot Size0.14 Acres
Price / SF$174.71
Days on Market362
Property Features for 26 Little Street
General Information
Standard status
Active
Size
4,722 SF
Lot size
0.14 Acres
Property subtype
Commercial
Building Details
Year Built
1930
Listing Agency:
C21/ Action Plus Realty
Listed By:
Felicia Finn · License #0447607
(732) 240-6600
Source:
Actionplusrealty
Added: Sep 12, 2025
Changed: Sep 6
Last Checked: Sep 8 at 7:36AM
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 C21/ Action Plus Realty
Investment Insights
Based on property information with market context.
Located in the heart of Matawan, this commercial building offers 4,722 sq ft of space. The property is situated in the General Business (GB) Zone and offers excellent visibility. The 6,000 sq ft lot benefits from strong foot and vehicle traffic. The building's layout provides flexible options for various uses, including professional office, medical, retail, wellness, or mixed-use, although buyers should verify these possibilities. Multiple entrances enhance accessibility. The property is located minutes from major transportation routes, including NJ Transit to NYC, Routes 34 and 79, and the Garden State Parkway exits. This high-exposure property is suitable for an owner-occupant or investor in a growing business district.
Key Highlights
- Prime commercial location in the heart of Matawan with excellent visibility and strong foot/vehicle traffic.
- Flexible layout options and multiple possible uses such as professional office, medical, retail, wellness, or mixed‑use.
- 4,722 sq ft building in the General Business (GB) Zone.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$72,247
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,444,940
$1.4M
Cap Rate 7%
$1,032,100
$1.0M
Cap Rate 9%
$802,744
$802.7K
Market Conditions
NOI Build-Up for 4,722 SF
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.
Gross rent
$141.7K $30.00/SF
− Vacancy
−$45.3K −$9.60/SF
EGI
$96.3K $20.40/SF
− OpEx
−$24.1K −$5.10/SF
NOI
$72.2K $15.30/SF
Area
Monmouth 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,444,940
Cap Rate 7%
$1,032,100
Cap Rate 9%
$802,744
Alternative Uses
Best Use
Office B
$1.03M
$903.1K – $1.20M
NOI $72,247 @ 7.0% cap · market cap 8.76%
Second Best
Retail
$962.8K
$842.5K – $1.12M
NOI $67,398 @ 7.0% cap · market cap 8.17%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,311 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
811
Businesses Nearby
Explore this area
Business Placement
Demographics for 07747, NJ
31,915
Population
13,134
Households
2.4
Avg Household Size
43
Median Age
51%
College-Educated
96%
High-School Grad
12.8 sq mi
ZIP Area
2,493
Density / Sq Mi
$124,896
Median Household Income
$61,503
Median Earnings
$1,840
Median Rent
$464,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 4,722 sq ft commercial building in Matawan's General Business Zone.
Where is this mixed-use property located?
The property is located at 26 Little Street Matawan, NJ.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Prime commercial location in the heart of Matawan with excellent visibility and strong foot/vehicle traffic.; Flexible layout options and multiple possible uses such as professional office, medical, retail, wellness, or mixed‑use.; 4,722 sq ft building in the General Business (GB) Zone.
