Live-Work Property with
29 South Street Lanoka Harbor, NJ 08734
New
29 South Street, Lanoka Harbor, NJ, 08734
$549,900
For Sale
$549,900
COMMERCIAL - Lanoka Harbor, NJ
Property Size3,492 SF
Lot Size0.66 Acres
Price / SF$157.47
Days on Market5
Property Features for 29 South Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 16
- Parking features
- Assigned
- Window features
- Low-e Window Coating
- Interior features
- Handicapped
- Exterior features
- Lighting, Outdoor Shower
- Basement
- Partial
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 13-00739-0000-00019
- Size
- 3,492 SF
- Lot size
- 0.66 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 14124
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Electric
- Water source
- Public, Well
Building Details
- Year built
- 1817
- Floors in Building
- 2
- Flooring type
- Wood, Linoleum, Tile, Vinyl
- Building materials
- Block, Brick, Concrete, Stone
- Roof type
- Asphalt
Listing Agency
Better Homes and Gardens Real Estate Murphy & Co
(609) 693-4600
255 Route 9, Red Bank, NJ
Listed by
Joseph DeYonker
(609) 693-4600
Added: Jul 14 Checked: Jul 18 at 4:06 am
MLS# 22621738
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 live-work property offers the option of combining office and residential use. With approximately 3,500 square feet of space, the layout supports a home, office, or home-office configuration, with additional features that include a large garage and a bonus building. There is also a parking lot with space for 18 vehicles.
The property is located at 29 South Street in Lanoka Harbor, New Jersey (Ocean County). It sits on a lot of approximately 0.66 acres.
For buyers seeking a single asset that can be used as a residence and/or an office under one roof, this offering provides on-site parking and multiple structures beyond the main building.
The property is located at 29 South Street in Lanoka Harbor, New Jersey (Ocean County). It sits on a lot of approximately 0.66 acres.
For buyers seeking a single asset that can be used as a residence and/or an office under one roof, this offering provides on-site parking and multiple structures beyond the main building.
Key Highlights
- Nearly 1 acre property with a 18‑space parking lot
- About 3,500 sq ft with flexible layout for office, residence, or both
- Office/residence options noted, including potential mother‑daughter setup
Local Financial Insights For Mixed Use
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 | $73.3k | $21.00 |
| − Vacancy | −$8.8k | −$2.52 |
| EGI | $64.5k | $18.48 |
| − OpEx | −$24.2k | −$6.93 |
| NOI | $40.3k | $11.55 |
3,492 SF · lease $21.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$763.3K
$667.9K – $890.5K
NOI $53,428 @ 7.0% cap · market cap 9.72%
Second Best
Mixed Use
$576.2K
$504.2K – $672.2K
NOI $40,333 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$911.8K
$797.9K – $1.06M
NOI $63,828 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Assist-2-Sell
Real Estate Agency
FAQs
What type of property is this?
Live-work space - Flexible live-work layout with parking for 18 vehicles, plus a large garage and bonus building on an almost-acre lot.
Where is this live-work space located?
The property is located at 29 South Street Lanoka Harbor, NJ.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Nearly 1 acre property with a 18‑space parking lot; About 3,500 sq ft with flexible layout for office, residence, or both; Office/residence options noted, including potential mother‑daughter setup
