Mixed-Use
332 E Main Street A, Tuckerton, NJ 08087
For Sale
$399,999
Residential and commercial space share a property zoned B-2.
Property Size1,387 SF
Price / SF$288.39
Days on Market37
Property Features for 332 E Main Street A
General Information
Standard status
Size
Zoning
Building Details
Year Built
Listing Agency:
Realty Of America
Listed By:
Alex Mosquera-Munoz
(833) 256-4244
Source:
Obrienrealtyllc
Added: Oct 4
Changed: Oct 25
Last Checked: Oct 7 at 4:17PM
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 Realty Of America
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Investment Insights
Based on property information with market context.
This mixed-use property at 332 E Main Street A in Tuckerton combines residential and commercial space under B-2 zoning. Built in 1925, it is being conveyed as-is, with no repairs or credits from the seller.
The buyer is responsible for obtaining the Certificate of Occupancy and completing required inspections, certifications, and municipal requirements.
The buyer is responsible for obtaining the Certificate of Occupancy and completing required inspections, certifications, and municipal requirements.
Key Highlights
- Residential and commercial space on one B‑2‑zoned property
- Built in 1925
- Sale is as‑is; buyer handles the Certificate of Occupancy, inspections, certifications, and municipal requirements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,020
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$320,400
$320.4K
Cap Rate 7%
$228,857
$228.9K
Cap Rate 9%
$178,000
$178.0K
Market Conditions
NOI Build-Up for 1,387 SF
Gross rent
$29.1K $21.00/SF
− Vacancy
−$3.5K −$2.52/SF
EGI
$25.6K $18.48/SF
− OpEx
−$9.6K −$6.93/SF
NOI
$16.0K $11.55/SF
Area
Ocean County, NJ
Vacancy
12.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$320,400
Cap Rate 7%
$228,857
Cap Rate 9%
$178,000
Alternative Uses
Best Use
Mixed Use
$228.9K
$200.3K – $267.0K
NOI $16,020 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$362.2K
$316.9K – $422.5K
NOI $25,352 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
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Business Placement
Demographics for 08087, NJ
25,191
Population
12,982
Households
1.9
Avg Household Size
49
Median Age
28%
College-Educated
94%
High-School Grad
70.1 sq mi
ZIP Area
359
Density / Sq Mi
$87,449
Median Household Income
$47,779
Median Earnings
$1,760
Median Rent
$323,500
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Ocean County, NJ
Properties on Market for Mixed-use properties in Ocean County
Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential and commercial space share a property zoned B-2.
Where is this mixed-use property located?
The property is located at 332 E Main Street A Tuckerton, NJ.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Residential and commercial space on one B‑2‑zoned property; Built in 1925; Sale is as‑is; buyer handles the Certificate of Occupancy, inspections, certifications, and municipal requirements
