Live-Work Property with
29 South Street Lanoka Harbor, NJ 08734
For Sale
$549,900
COMMERCIAL - Lanoka Harbor, NJ
Property Size3,492 SF
Lot Size0.66 Acres
Price / SF$157.47
Days on Market17
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
Well, Public
Building Details
Year built
1817
Floors in Building
2
Flooring type
Linoleum, Tile, Vinyl, Wood
Building materials
Block, Brick, Concrete, Stone
Roof type
Asphalt
Listing Agency:
Better Homes and Gardens Real Estate Murphy & Co
(609) 693-4600
Listed By:
Joseph DeYonker
(609) 693-4600
Added: Jul 14
Changed: Jul 29
Last Checked: Jul 30 at 4:06AM
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
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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
