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Two-Building Industrial Flex Portfolio
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30-32 Fairview Avenue, Little Silver, NJ 07739

Two industrial flex buildings total about 9,330 SF with four automatic drive-in doors and ceiling heights up to 15 feet.

Property Size9,330 SF
Price / SF$334.94
Days on Market107

Property Features for 30-32 Fairview Avenue

General Information

Standard status Active
Size 9,330 SF
Property subtype Industrial

Warehouse & Industrial

Clear Height 15 ft
Drive-In Doors 4

Additional Details

Highway Access Yes

Building Details

Buildings 2
Listing Agency: Starker Commercial Realty LLC
Listed By: Susan Taylor · License #NJ 0449027
Source: Crexi
Added: Jul 7 Changed: Oct 16 Last Checked: Oct 20 at 6:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Starker Commercial Realty LLC

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Investment Insights

Based on property information with market context.

Starker Commercial Realty presents an exclusive sale opportunity: a two-building industrial/flex portfolio totaling approximately 9,330 SF. The offering includes a 7,050 SF industrial/flex building at 30–32 Fairview Avenue and a 2,280 SF industrial/flex building at 36 Fairview Avenue. Both buildings feature four automatic drive-in doors, ceiling heights up to approximately 15 feet, updated building systems, and ample on-site parking.

The property is positioned along Fairview Avenue with strong visibility and convenient access to Route 35, Route 36, and the Garden State Parkway. It is also minutes from downtown Red Bank and NJ Transit via the Little Silver Station.

This two-building configuration supports flexible occupancy options within an industrial/flex setting, with loading access provided by the automatic drive-in doors and practical site parking for day-to-day operations.

Key Highlights

  • Two industrial/flex buildings totaling approx. 9,330 SF: 7,050 SF at 30–32 Fairview Ave and 2,280 SF at 36 Fairview Ave
  • Four automatic drive‑in doors across the two buildings
  • Ceiling heights up to approx. 15 feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$153,041
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,060,820 $3.1M
Cap Rate 7%
$2,186,300 $2.2M
Cap Rate 9%
$1,700,456 $1.7M
Market Conditions
NOI Build-Up for 9,330 SF
Gross rent
$303.4K $32.52/SF
− Vacancy
−$68.0K −$7.28/SF
EGI
$235.4K $25.24/SF
− OpEx
−$82.4K −$8.83/SF
NOI
$153.0K $16.40/SF
Area
Monmouth County, NJ
Vacancy
22.40%
Lease Rate
$32.52 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,060,820
Cap Rate 7%
$2,186,300
Cap Rate 9%
$1,700,456

Alternative Uses

Best Use
Flex RnD
$2.19M
$1.91M – $2.55M (±1% cap)
NOI $153,041 @ 7.0% cap · market cap 4.90%
Second Best
Industrial
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,438 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$2.44M
$2.13M – $2.84M (±1% cap)
NOI $170,537 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Nail Salon Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15 ft
Clear height
4
Drive-in doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

333
Businesses Nearby
Under-served
Demand for This Use

Demographics for 07739, NJ

6,122
Population
2,352
Households
2.6
Avg Household Size
45
Median Age
80%
College-Educated
99%
High-School Grad
2.7 sq mi
ZIP Area
2,267
Density / Sq Mi
$220,746
Median Household Income
$94,569
Median Earnings
$3,501
Median Rent
$870,700
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Two industrial flex buildings total about 9,330 SF with four automatic drive-in doors and ceiling heights up to 15 feet.
Where is this flex space located?
The property is located at 30-32 Fairview Avenue Little Silver, NJ.
What is the asking price?
The asking price for this property is $3,125,000.
What are key features of this property?
This property features: Two industrial/flex buildings totaling approx. 9,330 SF: 7,050 SF at 30–32 Fairview Ave and 2,280 SF at 36 Fairview Ave; Four automatic drive‑in doors across the two buildings; Ceiling heights up to approx. 15 feet
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