Brick Storefront Property with
New
For Sale
$1,825,000
3058-3062 Route 9, Old Bridge, NJ 08857
Commercial Sale, Old Bridge, NJ
Property Size7,803 SF
Price / SF$233.88
Days on Market1
Property Features for 3058-3062 Route 9
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Retail
Rooms
Basement
Parking
15
Parking features
Off Street
Basement
Full, Walk-Out Access
Directions
Use GPS
Standard status
Active
APN
15-15506-0000-00008-11
Size
7,803 SF
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Building materials
Brick
Roof type
Flat
Listing Agency:
American Homes Group
(732) 289-3900
Listed By:
Maurice Molcho · License #2077605
(917) 657-1384
Added: Sep 11
Last Checked: Sep 11 at 7:06PM
MLS# 22628717
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 7803-square-foot storefront property is a brick-built retail asset with a flat roof and basement space. Building systems include forced-air heating and central air conditioning, while off-street parking serves the property.
The property is located at 3058-3062 Route 9 in Old Bridge, New Jersey. Public water and public sewer are available, supporting the existing commercial building and its retail-oriented configuration.
The property is located at 3058-3062 Route 9 in Old Bridge, New Jersey. Public water and public sewer are available, supporting the existing commercial building and its retail-oriented configuration.
Key Highlights
- 7803 square feet of storefront retail space
- Located at 3058‑3062 Route 9 in Old Bridge, NJ 08857
- Brick construction with a flat roof
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$111,374
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,227,480
$2.2M
Cap Rate 7%
$1,591,057
$1.6M
Cap Rate 9%
$1,237,489
$1.2M
Market Conditions
NOI Build-Up for 7,803 SF
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.
Gross rent
$168.5K $21.60/SF
− Vacancy
−$9.4K −$1.21/SF
EGI
$159.1K $20.39/SF
− OpEx
−$47.7K −$6.12/SF
NOI
$111.4K $14.27/SF
Area
Middlesex County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,227,480
Cap Rate 7%
$1,591,057
Cap Rate 9%
$1,237,489
Alternative Uses
Best Use
Retail
$1.59M
$1.39M – $1.86M
NOI $111,374 @ 7.0% cap · market cap 6.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,626 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08857, NJ
40,675
Population
16,241
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
24.0 sq mi
ZIP Area
1,695
Density / Sq Mi
$101,192
Median Household Income
$59,028
Median Earnings
$1,462
Median Rent
$459,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Flower Cart Florist — 2350 US-9 SOUTH, Old Bridge, NJ 08857
Frequently Asked Questions
What type of property is this?
Storefront property - Central air, forced-air heat, and off-street parking are provided.
Where is this storefront property located?
The property is located at 3058-3062 Route 9 Old Bridge, NJ.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: 7803 square feet of storefront retail space; Located at 3058‑3062 Route 9 in Old Bridge, NJ 08857; Brick construction with a flat roof
