Zoned Office Suite with Two-Way
333 E MAIN ST Unit 1 Rockaway, NJ 07866
333 E MAIN ST Unit 1, Rockaway, NJ, 07866
$510,000
For Sale
$510,000
Unit 1 is currently configured as a 3-bedroom, 2-bath office space with access from two streets.
Property Size1,400 SF
Price / SF$364.29
Days on Market288
Property Features for 333 E MAIN ST Unit 1
General Information
- Standard status
- Active
- Size
- 1,400 SF
- Property subtype
- Office
Building Details
- Year Built
- 1922
Listing agency
RE/MAX TOWN & VALLEY II
(973) 723-7777
Listed by
RICK J RUOTOLO · License #8133895
(973) 723-7777
Source
Xome
Added: Oct 7, 2025 Updated: Jul 21 at 5:43PM Checked: Jul 21 at 5:43PM
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 RE/MAX TOWN & VALLEY II
Investment Insights
Based on property information with market context.
This sale offering includes Unit 1 at 333 E Main St, configured currently as a 3-bedroom, 2 full bath space and described as showing well. The property is zoned for Office Business use.
The location provides access from two streets, with access noted from RT 46 and East Main Street.
For buyers seeking an office zoned suite with a residential-style layout and two-street access, this unit presents a straightforward option based on the current configuration and stated zoning.
The location provides access from two streets, with access noted from RT 46 and East Main Street.
For buyers seeking an office zoned suite with a residential-style layout and two-street access, this unit presents a straightforward option based on the current configuration and stated zoning.
Key Highlights
- Zoned OB (Office Business) with access from two streets (RT 46 and East Main Street)
- Currently configured as a 3‑bedroom, 2‑bath unit for office use (Unit 1)
- Year built 1922; asphalt shingle roof
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 | $42.0k | $30.00 |
| − Vacancy | −$13.4k | −$9.60 |
| EGI | $28.6k | $20.40 |
| − OpEx | −$7.1k | −$5.10 |
| NOI | $21.4k | $15.30 |
1,400 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$306.0K
$267.8K – $357.0K
NOI $21,420 @ 7.0% cap · market cap 4.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$365.6K
$319.9K – $426.5K
NOI $25,590 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Unit 1 is currently configured as a 3-bedroom, 2-bath office space with access from two streets.
Where is this office units located?
The property is located at 333 E MAIN ST Unit 1 Rockaway, NJ.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Zoned OB (Office Business) with access from two streets (RT 46 and East Main Street); Currently configured as a 3‑bedroom, 2‑bath unit for office use (Unit 1); Year built 1922; asphalt shingle roof
