Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Victorian Professional Office Building Title is generated by Realmo AI

    286 Broad Street, Red Bank, NJ 07701

    View on Map
    Claim this Listing
    For Sale
    $1,650,000

    COMMERCIAL - Red Bank, NJ

    Type:Office
    Property size:
    3,589 SF
    Lot size:
    0.28 Acres
    Price / SF:
    $459/SF
    Added:
    Apr 13, 2026
    Days on Market:
    54
    Last Refresh:
    Jun 5 at 1:06 pm

    Property Features for 286 Broad Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Parking
    12
    Parking features
    On Street
    Standard status
    Active
    APN
    12-01202-0000-00005
    Size
    3,589 SF
    Lot size
    0.28 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    16664

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1885
    Floors in Building
    3
    Flooring type
    Wood

    We can help!

    Listing Contact
    Charles Frank

    Listing agent Charles Frank

    Listing office Benchmark Realty Group LLC 2-12 Corbett Way, Tinton Falls, NJ

    Listing date Apr 13, 2026

    MLS# 22610097

    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.

    HighLights

    • Fully renovated 3‑level Victorian professional office building.
    • High visibility with great signage.
    • Parking for 12 cars plus on‑street parking.
    • Features 9 offices, conference room, and large open work area.
    • Large kitchen and two large bathrooms (one with shower).
    • Detached 2‑car garage and dry basement for storage.

    Overview

    This stand-alone, fully renovated 3-level Victorian professional office building offers a tenant-ready layout designed for client-facing work and day-to-day office operations. The property includes nine offices, high ceilings, and abundant natural light. On the first floor, there is one conference room and a large open work area, along with a large kitchen. There is also a large first-floor bathroom with shower, plus a large second-floor bathroom. Additional storage is available in a dry basement. The building also features a detached 2-car garage, a large front porch, and an additional enclosed porch. Please call for the complete list of 2016 renovations.

    Located at 286 Broad Street in Red Bank, New Jersey, the building benefits from high visibility and on-street parking. Parking for 12 cars is available on-site, with additional on-street spaces for visitors and staff.

    This property is well-suited for an owner-occupant or a business seeking a distinctive, established office setting with defined private offices, dedicated conference space, and practical support areas like a kitchen and multiple restrooms. The combination of on-site parking, both open and enclosed work zones, and basement storage supports day-to-day functionality for a range of professional office uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Red Bank
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.06476
    Latitude
    40.342398

    Nearby Similar for Sale

    • $645,000
      2,634 SF

      Red Bank Professional Office Space

      Renovated office space with private elevator and parking.
      365 Broad Street, Red Bank, NJ 07701
      View Details
    • $1,650,000
      3,000 SF

      Red Bank Retail Investment Property

      Fully leased retail building in downtown Red Bank.
      54-60 Monmouth Street, Red Bank, NJ 07701
      View Details
    • $895,000
      2,976 SF

      Three-Story Office Building

      Three-story office building with private lot for eight vehicles and a dedicated conference room for meetings.
      22 West Street, Red Bank, NJ 07701
      View Details
    • $149,999

      Established Organic Cafes For Sale

      Two established organic cafes in Red Bank and Wall Township.
      205 W Front Street, Red Bank, NJ 07701
      View Details
    • $1,299,900
      2,631 SF

      Red Bank Multifamily Investment Opportunity

      Value-add multifamily in Red Bank with upside potential.
      69 Washington Street, Red Bank, NJ 07701
      View Details
    • $104,900
      290 SF

      Modern Office Space in Red Bank

      Updated office unit in a convenient Red Bank location.
      130 Maple Avenue, Red Bank, NJ 07701
      View Details
    • $2,250,000
      4,401 SF

      Prime Corner Retail Opportunity

      Highly visible corner retail in Red Bank's pedestrian corridor.
      25 Broad St, Red Bank, NJ 07701
      View Details
    • $325,000

      Renovated Office in Red Bank

      Renovated medical/professional office space with modern layout and natural light.
      130 Maple Avenue, Red Bank, NJ 07701
      View Details
    • $1,749,000
      1,750 SF

      Renovated Victorian Office Building For Sale

      Meticulously maintained, renovated 3-level Victorian professional office building.
      286 Broad Street, Red Bank, NJ 07701
      View Details
    • $645,000

      Specialty Suite for Sale

      For sale as a specialty suite within a Broad Street building, offering space for a wide range of specialized businesses.
      365 Broad Street Suite 12, Red Bank, NJ 07701
      View Details
    • $749,000
      1,807 SF

      Mixed-Use Building, Red Bank, NJ

      Mixed-use building in high-traffic Red Bank location.
      12 W Front Street, Red Bank, NJ 07701
      View Details
    • $150,000
      1,600 SF

      Established Thai Restaurant Business Opportunity

      Turnkey Thai restaurant business for sale in downtown Red Bank.
      39 Broad Street, Red Bank, NJ 07701
      View Details

    FAQs

    What type of property is this?
    Office building - Standalone, fully renovated 3-level office building with multiple work areas, offices, and on-site parking.
    Where is this office building located?
    The property is located at 286 Broad Street Red Bank, NJ.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: Fully renovated 3‑level Victorian professional office building.; High visibility with great signage.; Parking for 12 cars plus on‑street parking.
    (732) 440-9663
    We can help!
    Listing Contact
    Charles Frank
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    286 Broad Street, Red Bank, NJ 07701
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!