Listing Agency: Coldwell Banker Res

Listed By: Catherine Weise · License #NJ 0563641

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 4:49AM

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Investment Insights

Based on property information with market context.

This 1,856-square-foot office condominium is located in an elevator-equipped commercial building at 309 Morris Ave. The interior provides a reception area, a substantial open workspace, five private offices, a compact kitchenette, a half bath, and dedicated storage. The layout combines enclosed offices with shared work area functionality for a range of professional office operations.

The property is situated in Spring Lake’s business district and includes two deeded parking spaces. Additional street parking is available in the surrounding area, providing further parking access for occupants and visitors.

Key Highlights

• 1,856‑square‑foot office condominium in an elevator‑equipped commercial building
• Five private offices plus a large open workspace
• Reception area, small kitchenette, 1/2 bath, and ample storage

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Hair Salon Nail Salon Big Box & Wholesale Store Dental Office Auto Parts Store Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

790

Businesses Nearby

Explore this area Business Placement

Demographics for 07762, NJ

8,642

Population

5,109

Households

1.7

Avg Household Size

55

Median Age

64%

College-Educated

96%

High-School Grad

2.8 sq mi

ZIP Area

3,086

Density / Sq Mi

$103,947

Median Household Income

$68,061

Median Earnings

$1,775

Median Rent

$871,400

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Office units - Elevator-served commercial suite includes reception, open work area, kitchenette, storage, and a half bath.

Where is this office units located?

The property is located at 309 Morris Ave Spring Lake, NJ.

What are key features of this property?

This property features: 1,856‑square‑foot office condominium in an elevator‑equipped commercial building; Five private offices plus a large open workspace; Reception area, small kitchenette, 1/2 bath, and ample storage