Freestanding Office/Flex Building on 4.8
3310 New Jersey 66, Neptune, NJ 07753
Single-story office/flex building on 4.8 acres with redevelopment potential.
Type:Office/Flex
Property size:
11,700 SFPrice / SF:
$252/SF- Added:
- Nov 21, 2025
- Days on Market:
- 182
- Last Refresh:
- Feb 10 at 9:02 pm
Property Features for 3310 New Jersey 66
General Information
- Standard status
- Active
- Size
- 11,700 SF
- Property subtype
- Office/Flex
Listing agent Jamie Moffit License #02142438
Listing office Sync Brokerage, Inc. (775) 771-4894
Listing date Nov 21, 2025
Source Sitarcompany
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 Sync Brokerage, Inc.
HighLights
- Strategically located with quick access to major highways and proximity to the upcoming Netflix Studios.
- Zoned C‑1, allowing for a wide range of permitted uses.
- Freestanding single‑story building on ±4.8 acres with expansion potential.
- Generous parking with 60 on‑site spaces.
- Versatile property with redevelopment potential.
- Includes 9 private offices, 2 conference rooms, reception area, breakroom, and open workspaces.
Overview
This freestanding, single-story office/flex building is situated on approximately 4.8 acres and offers generous parking. The property is strategically located in the heart of Monmouth County's busiest corridor, providing quick access to the Garden State Parkway, Routes 18, 33, 34, 35, and 195 East/West. It is located 15 minutes drive from the upcoming Netflix Studios at Fort Monmouth, 7 miles from Monmouth Mall, and 1 mile from Jersey Shore Premium Outlets. The property is also near major area hospitals, including Jersey Shore Medical Center and Monmouth Medical. The building features 9 private offices, 2 conference rooms, a reception area, a breakroom, and open workspaces, with multiple access points. There are 60 on-site parking spaces, providing a ratio of 5 spaces per 1,000 square feet. Zoned C-1, the property allows for a wide range of permitted uses, including medical, office, retail, car dealership, hotel, and self-storage. The site has expansion potential and is located on Route 66 near Route 18 and the Garden State Parkway. It is ideal for businesses serving high-income populations, beach visitors, and year-round regional traffic. The property offers redevelopment potential.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.99M
NOI $179,010 @ 9.00% cap · cautious / downside scenario
Moderate
$2.56M
NOI $179,010 @ 7.00% cap · market / base-case scenario
Aggressive
$3.58M
NOI $179,010 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- 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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $351.0k | $30.00 |
| − Vacancy | −$112.3k | −$9.60 |
| EGI | $238.7k | $20.40 |
| − OpEx | −$59.7k | −$5.10 |
| NOI | $179.0k | $15.30 |
11,700 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$2.56M
$2.24M – $2.98M
NOI $179,010 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.06M
$2.67M – $3.56M
NOI $213,857 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office buildings
Map
- City
- Neptune
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.0818
- Latitude
- 40.2205
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Single-story office/flex building on 4.8 acres with redevelopment potential.
Where is this office building located?
The property is located at 3310 New Jersey 66 Neptune, NJ.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Strategically located with quick access to major highways and proximity to the upcoming Netflix Studios.; Zoned C‑1, allowing for a wide range of permitted uses.; Freestanding single‑story building on ±4.8 acres with expansion potential.
