Private Office
For Sale
Contact for pricing
30 Freneau Avenue #2A, Matawan, NJ 07747
The suite offers natural light, on-site parking, and furniture that can stay or be removed.
Property Size1,000 SF
Price / SF$2.50
Days on Market67
Property Features for 30 Freneau Avenue #2A
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Office
Additional Details
Property Use
Office
Amenities
natural light
common area cleaning
Building Details
Year Built
1986
Tenancy
Multi
Listing Agency:
Natale Realtors
Listed By:
Gloria Chung · License #2445933
(732) 612-3323
Source:
Defelicerealtygroup
Added: Aug 28
Changed: Oct 31
Last Checked: Oct 31 at 2:17PM
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 Natale Realtors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,000-square-foot office suite is in a building constructed in 1986. Natural light reaches each office, and furniture may remain in place or be taken out. The property includes a large on-site parking area. Utilities are included except cable, internet, and cleaning within the suite; cleaning of shared areas is also provided.
Key Highlights
- 1,000‑square‑foot office suite
- Natural light in each office
- Large on‑site parking area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,300
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,000
$306.0K
Cap Rate 7%
$218,571
$218.6K
Cap Rate 9%
$170,000
$170.0K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$30.0K $30.00/SF
− Vacancy
−$9.6K −$9.60/SF
EGI
$20.4K $20.40/SF
− OpEx
−$5.1K −$5.10/SF
NOI
$15.3K $15.30/SF
Area
Monmouth County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,000
Cap Rate 7%
$218,571
Cap Rate 9%
$170,000
Alternative Uses
Best Use
Office B
$218.6K
$191.3K – $255.0K
NOI $15,300 @ 7.0% cap · market cap 612.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$261.1K
$228.5K – $304.6K
NOI $18,278 @ 7.0% cap · market cap 731.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
827
Businesses Nearby
Explore this area
Business Placement
Demographics for 07747, NJ
31,915
Population
13,134
Households
2.4
Avg Household Size
43
Median Age
51%
College-Educated
96%
High-School Grad
12.8 sq mi
ZIP Area
2,493
Density / Sq Mi
$124,896
Median Household Income
$61,503
Median Earnings
$1,840
Median Rent
$464,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The suite offers natural light, on-site parking, and furniture that can stay or be removed.
Where is this office unit located?
The property is located at 30 Freneau Avenue #2A Matawan, NJ.
What are key features of this property?
This property features: 1,000‑square‑foot office suite; Natural light in each office; Large on‑site parking area
