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Standalone Office Building
For Sale
$995,000
Pending

3318 Highway 33, Neptune, NJ 07753

Commercial Sale, Neptune Township, NJ

Property Size2,891 SF
Lot Size1.18 Acres
Days on Market190

Property Features for 3318 Highway 33

General Information

Property type Commercial Sale
Property subtype Office
Rooms Basement
Parking features Parking Lot
Basement Walk-Out Access, Full
Directions Parkway or Rt 18 to Rt 33. Located between Parkway & Rt 18
Standard status Pending
APN 35-03001-0000-00009
Size 2,891 SF
Lot size 1.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12440

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Well

Amenities

large conference room
kitchenette
3 half baths
hardwood floors
full dry walkout basement
pull down attic
5 private offices
expansive workspace areas
welcoming reception area

Building Details

Year built 1950
Floors in Building 1
Flooring type Wood
Listing Agency: Fathom Realty NJ
Listed By: Joan Macort
Added: Mar 31 Changed: Sep 21 Last Checked: Oct 6 at 6:06PM
MLS# 22608463

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 2,891-square-foot office building sits on 1.18 acres and was constructed in 1950. The interior includes five private offices, expansive open workspace, a reception area, a conference room, kitchenette, and three half baths. Wood flooring, forced-air heating, and central air support the existing professional-office configuration. A full dry walkout basement provides storage space, while a pull-down attic adds another storage area. The property is currently used as law offices.

Parking is available in lots positioned in front of and behind the building. The property is served by a private well and public sewer and carries C5 zoning. Its address is 3318 Highway 33 in Neptune Township, Monmouth County, New Jersey.

Key Highlights

  • 2,891‑square‑foot office building on 1.18 acres
  • Five private offices plus open workspace, reception, and conference room
  • Full dry walkout basement and pull‑down attic provide additional storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,232
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,640 $884.6K
Cap Rate 7%
$631,886 $631.9K
Cap Rate 9%
$491,467 $491.5K
Market Conditions
NOI Build-Up for 2,891 SF
Gross rent
$86.7K $30.00/SF
− Vacancy
−$27.8K −$9.60/SF
EGI
$59.0K $20.40/SF
− OpEx
−$14.7K −$5.10/SF
NOI
$44.2K $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%
$884,640
Cap Rate 7%
$631,886
Cap Rate 9%
$491,467

Alternative Uses

Best Use
Office B
$631.9K
$552.9K – $737.2K (±1% cap)
NOI $44,232 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$754.9K
$660.5K – $880.7K (±1% cap)
NOI $52,843 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Location Intelligence

Trade Area within ½ mile

135
Businesses Nearby

Demographics for 07753, NJ

37,397
Population
16,701
Households
2.2
Avg Household Size
45
Median Age
37%
College-Educated
93%
High-School Grad
16.0 sq mi
ZIP Area
2,337
Density / Sq Mi
$92,824
Median Household Income
$49,953
Median Earnings
$1,740
Median Rent
$390,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained professional office with private rooms, collaborative workspace, reception, parking, and C5 zoning.
Where is this office building located?
The property is located at 3318 Highway 33 Neptune, NJ.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 2,891‑square‑foot office building on 1.18 acres; Five private offices plus open workspace, reception, and conference room; Full dry walkout basement and pull‑down attic provide additional storage
More about this property
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