Office Suite with Private
For Sale
Contact for pricing
32-38 Church Street Ste 202, Little Silver, NJ 07739
Second-floor workspace offers a separate entry reached directly from the parking area.
Property Size1,013 SF
Price / SF$2.22
Days on Market147
Property Features for 32-38 Church Street Ste 202
General Information
Standard status
Active
Size
1,013 SF
Property subtype
Commercial
Additional Details
Floor
2
Highway Access
Yes
Property Use
Office
Building Details
Year Built
1985
Listing Agency:
Real Broker, LLC- Fairfield
Listed By:
Russell J Putterman · License #1866402
(855) 450-0442
Source:
Defelicerealtygroup
Added: Jun 9
Changed: Oct 31
Last Checked: Oct 31 at 3:36AM
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 Real Broker, LLC- Fairfield
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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.
Suite 202 is a 1,013-square-foot office on the second floor, built in 1985. A private entrance connects the suite directly to the parking lot, providing a distinct point of entry for occupants and visitors.
The office is located on Church Street in Little Silver, New Jersey, within the community’s commercial district. The Garden State Parkway and Route 35 provide nearby regional road access.
The office is located on Church Street in Little Silver, New Jersey, within the community’s commercial district. The Garden State Parkway and Route 35 provide nearby regional road access.
Key Highlights
- 1,013‑square‑foot second‑floor office suite
- Private entrance with direct access from the parking lot
- Built in 1985
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,499
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,980
$310.0K
Cap Rate 7%
$221,414
$221.4K
Cap Rate 9%
$172,211
$172.2K
Market Conditions
NOI Build-Up for 1,013 SF
Gross rent
$30.4K $30.00/SF
− Vacancy
−$9.7K −$9.60/SF
EGI
$20.7K $20.40/SF
− OpEx
−$5.2K −$5.10/SF
NOI
$15.5K $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%
$309,980
Cap Rate 7%
$221,414
Cap Rate 9%
$172,211
Alternative Uses
Best Use
Office B
$221.4K
$193.7K – $258.3K
NOI $15,499 @ 7.0% cap · market cap 688.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$264.5K
$231.5K – $308.6K
NOI $18,516 @ 7.0% cap · market cap 822.93%
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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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
Explore this area
Business Placement
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
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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 - Second-floor workspace offers a separate entry reached directly from the parking area.
Where is this office unit located?
The property is located at 32-38 Church Street Ste 202 Little Silver, NJ.
What are key features of this property?
This property features: 1,013‑square‑foot second‑floor office suite; Private entrance with direct access from the parking lot; Built in 1985
