Mixed-Use Property with
For Sale
$549,900
29 South Street, Lanoka Harbor, NJ 08734
Commercial Sale, Lanoka Harbor, NJ
Property Size3,492 SF
Lot Size0.66 Acres
Price / SF$157.47
Days on Market100
Property Features for 29 South Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Professional, Multi-Use, Mixed, Commercial
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
Lot features
Level, Wooded, Curbing, Landscaped, Sidewalks, Corner Lot
Directions
Route 9 to South Street
Subdivision
Lanoka Harbor
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
Well, Public
Building Details
Year built
1817
Floors in Building
2
Flooring type
Wood, Tile, Vinyl, Linoleum
Building materials
Block, Brick, Concrete, Stone
Roof type
Asphalt
Listing Agency:
Better Homes and Gardens Real Estate Murphy & Co
Listed By:
Joseph DeYonker
(609) 693-4600
Added: Jul 14
Changed: Oct 18
Last Checked: Oct 21 at 11:06PM
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.
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Investment Insights
Based on property information with market context.
This mixed-use property offers a flexible configuration for office, residential, or combined live-work use. The site includes a primary building, garage, and an additional bonus structure, providing several functional areas for occupants or business operations. Interior finishes include wood, vinyl, tile, and linoleum, with baseboard heating and electric cooling. Accessibility features include an approach ramp and handicapped accommodations.
Set on 0.66 acres, the property includes an 18-space parking lot. Public sewer and public water are available, along with a well. Exterior improvements include lighting and an outdoor shower. The building dates to 1817 and features block, brick, concrete, and stone construction with an asphalt roof.
Set on 0.66 acres, the property includes an 18-space parking lot. Public sewer and public water are available, along with a well. Exterior improvements include lighting and an outdoor shower. The building dates to 1817 and features block, brick, concrete, and stone construction with an asphalt roof.
Key Highlights
- 0.66‑acre mixed‑use property
- 18‑space parking lot
- Office, residential, or combined live‑work configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,333
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,660
$806.7K
Cap Rate 7%
$576,186
$576.2K
Cap Rate 9%
$448,144
$448.1K
Market Conditions
NOI Build-Up for 3,492 SF
Gross rent
$73.3K $21.00/SF
− Vacancy
−$8.8K −$2.52/SF
EGI
$64.5K $18.48/SF
− OpEx
−$24.2K −$6.93/SF
NOI
$40.3K $11.55/SF
Area
Ocean County, NJ
Vacancy
12.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,660
Cap Rate 7%
$576,186
Cap Rate 9%
$448,144
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 authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
629
Businesses Nearby
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Business Placement
Demographics for 08734, NJ
7,702
Population
3,028
Households
2.5
Avg Household Size
44
Median Age
35%
College-Educated
92%
High-School Grad
5.1 sq mi
ZIP Area
1,510
Density / Sq Mi
$121,033
Median Household Income
$52,534
Median Earnings
$1,504
Median Rent
$387,300
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible property combining office, residential, or live-work use with supplemental buildings and on-site parking.
Where is this mixed-use property 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: 0.66‑acre mixed‑use property; 18‑space parking lot; Office, residential, or combined live‑work configuration
