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Waterfront Shopping Plaza

2715 Hooper Avenue Brick, NJ 08723

Claim this Listing
For Sale
$834,000

COMMERCIAL - Brick, NJ

Property size:
4,400 SF
Lot size:
0.54 Acres
Price / SF:
$189.55/SF
Added:
Jan 12, 2026
Days on Market:
182
Last Refresh:
Jul 13 at 10:06 pm

Property Features for 2715 Hooper Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot, Open
Standard status
Active
APN
07-00550-0000-00001
Size
4,400 SF
Lot size
0.54 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
11277

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Floors in Building
2

Listing agent Yehuda Neustadt

Listing office Keller Williams Shore Properties 1030 Hooper Ave., Toms River, NJ

Listing date Jan 12, 2026

MLS# 22601041

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 waterfront shopping plaza at 2715 Hooper Avenue offers a mix of seven retail storefronts and four second-floor office suites. The property is configured with separate entrance and exit points, and it includes ample on-site parking to support day-to-day customer and tenant traffic. Total rentable space is approximately 4,400 square feet.

Located in Brick, NJ, the center is positioned for visibility to approximately 25,000 vehicles per day. The mix of ground-floor retail and second-floor office space, combined with the property’s straightforward access, can support a range of small business and service tenants looking for convenient customer reach.

For purchasers or operators, the current tenants are on month-to-month leases, which may provide flexibility around near-term occupancy strategy, including rent adjustments, repositioning of space, or redevelopment planning. The property’s combination of street-facing retail storefronts and elevated office suites with water views may be an attractive fit for buyers seeking a blended retail/office asset with manageable current lease terms.

Key Highlights

  • Highly visible waterfront shopping plaza with approximately 25,000 vehicles per day.
  • Value‑add opportunity with immediate flexibility due to month‑to‑month leases.
  • Seven retail storefronts and four second‑floor office suites with WATER VIEWS.

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 $132.0k $30.00
− Vacancy −$42.2k −$9.60
EGI $89.8k $20.40
− OpEx −$22.4k −$5.10
NOI $67.3k $15.30
4,400 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$961.7K
$841.5K – $1.12M (±1% cap)
NOI $67,320 @ 7.0% cap · market cap 8.07%
Second Best
Retail
$897.2K
$785.0K – $1.05M (±1% cap)
NOI $62,802 @ 7.0% cap · market cap 7.53%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,425 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Catering Service Restaurant (Bike/Boat/Book/etc) Store Hotel & Motel Clothing & Fashion Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Kennedy Mall — 5 Kennedy Mall, Brick Township, NJ 08723
  • Boulevard Square — 515 Brick Blvd, Brick Township, NJ 08723
  • Gnc Home Decor — 491 Brick Blvd, Brick Township, NJ 08723
  • Town Hall Shoppes — 990 Cedar Bridge Ave, Brick Township, NJ 08723
  • Riverwalk at Brick — 2770 Hooper Ave, Brick Township, NJ 08723

FAQs

What type of property is this?
Shopping center - Waterfront retail and second-floor office suites with separate access points and strong roadway exposure.
Where is this shopping center located?
The property is located at 2715 Hooper Avenue Brick, NJ.
What is the asking price?
The asking price for this property is $834,000.
What are key features of this property?
This property features: Highly visible waterfront shopping plaza with approximately 25,000 vehicles per day.; Value‑add opportunity with immediate flexibility due to month‑to‑month leases.; Seven retail storefronts and four second‑floor office suites with WATER VIEWS.
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