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    Two-Building Office Property Title is generated by Realmo AI

    3321 Doris Avenue, Asbury Park, NJ 07712

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    For Sale
    $3,000,000

    For sale two office buildings on the same lot, offering a straightforward setup for flexible ownership and tenant use.

    Type:Office
    Property size:
    11,000 SF
    Price / SF:
    $272/SF
    Added:
    Apr 18, 2026
    Days on Market:
    66
    Last Refresh:
    Jun 14 at 2:00 am

    Property Features for 3321 Doris Avenue

    General Information

    Standard status
    Active
    Size
    11,000 SF
    Property subtype
    Office

    Building Details

    Year Built
    1951

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    Listing Contact
    Helene Mehani

    Listing agent Helene Mehani License #0673399

    Listing office Monmouth County Homes Realty

    Listing date Apr 18, 2026

    Source Xome

    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 Monmouth County Homes Realty

    HighLights

    • Two office buildings on the same lot, offering flexible setup for ownership and tenant use
    • Central air cooling
    • Heating system listed as 3
    • On‑site parking with 50 parking spaces (off‑street, open parking)
    • Year built: 1951

    Overview

    This offering presents the opportunity to own two separate buildings on the same lot, configured as office buildings. The total property size is approximately 11,000 square feet, providing a combined platform for office tenants under one ownership umbrella.

    Located at 3321 Doris Avenue in Ocean Township, New Jersey, the property is marketed as being in a sought-after Ocean Township area. The single-lot, two-building arrangement can be appealing for buyers seeking a multi-building office asset without acquiring separate parcels.

    From a tenant and operator perspective, the two-building layout may support different leasing or occupancy scenarios compared to a single-building office property. For prospective buyers, owning both buildings together can simplify management logistics and consolidate ownership of the office space on one lot. The asset is presented for sale, making it a practical consideration for investors and owner-users looking for an office-based commercial property with multiple structures under one acquisition.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    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.

    Component $ $/SF
    Gross rent $330.0k $30.00
    − Vacancy −$105.6k −$9.60
    EGI $224.4k $20.40
    − OpEx −$56.1k −$5.10
    NOI $168.3k $15.30
    11,000 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.40M
    $2.10M – $2.81M (±1% cap)
    NOI $168,300 @ 7.0% cap · market cap 5.61%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.87M
    $2.51M – $3.35M (±1% cap)
    NOI $201,062 @ 7.0% cap · market cap 6.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Asbury Park
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0356978
    Latitude
    40.239765

    FAQs

    What type of property is this?
    Office building - For sale two office buildings on the same lot, offering a straightforward setup for flexible ownership and tenant use.
    Where is this office building located?
    The property is located at 3321 Doris Avenue Asbury Park, NJ.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Two office buildings on the same lot, offering flexible setup for ownership and tenant use; Central air cooling; Heating system listed as 3
    More about this property
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