Victorian Professional Office
286 Broad Street Red Bank, NJ 07701
286 Broad Street, Red Bank, NJ, 07701
$1,650,000
For Sale
$1,650,000
COMMERCIAL - Red Bank, NJ
Property Size3,589 SF
Lot Size0.28 Acres
Price / SF$459.74
Days on Market100
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
Listing agency
Benchmark Realty Group LLC
(732) 440-9663
Listed by
Charles Frank
(732) 440-9663
Added: Apr 13 Updated: Jun 5 at 9:34AM Checked: Jul 21 at 11:06AM
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.
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- Fully renovated 3‑level Victorian professional office building.
- High visibility with great signage.
- Parking for 12 cars plus on‑street parking.
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 | $107.7k | $30.00 |
| − Vacancy | −$34.5k | −$9.60 |
| EGI | $73.2k | $20.40 |
| − OpEx | −$18.3k | −$5.10 |
| NOI | $54.9k | $15.30 |
3,589 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$784.5K
$686.4K – $915.2K
NOI $54,912 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$937.2K
$820.0K – $1.09M
NOI $65,601 @ 7.0% cap · market cap 3.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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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.
