Mixed-Use Building with Residential
For Sale
$795,000
335 Maple Place, Keyport, NJ 07735
Commercial Sale, Keyport, NJ
Property Size2,800 SF
Lot Size0.11 Acres
Price / SF$283.93
Days on Market93
Property Features for 335 Maple Place
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
2
Parking features
On Street, Assigned
Directions
Follow GPS route guidance
Standard status
Active
APN
24-00007-0000-00005-01
Size
2,800 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8200
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Amenities
whole-house generator
Building Details
Year built
1955
Floors in Building
2
Building materials
Brick
Roof type
Shingle
Listing Agency:
EXIT Realty East Coast Shirvanian
(732) 946-2000
Listed By:
Mary Hart
(877) 778-3948
Added: Jun 19
Changed: Sep 16
Last Checked: Sep 19 at 7:06AM
MLS# 22618604
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.
Located at 335 Maple Place in Keyport, this brick mixed-use property includes a commercial area currently operating as a yoga studio, along with two residential units. The first-floor studio apartment has a kitchen, full bath, and sleeping area. Upstairs, a three-bedroom residence offers approximately 1,400 SF, a large living room, full bath, and abundant natural light.
The property is situated in Keyport’s NC (Neighborhood Commercial) District, where retail, personal service, office, wellness, and food and beverage uses are permitted subject to municipal approvals. Additional features include a whole-house generator, baseboard heating, public water, public sewer, a shingle roof, private driveway parking for two vehicles, and on-street parking. The surrounding area includes the Keyport waterfront, restaurants, breweries, marinas, and year-round events.
The property is situated in Keyport’s NC (Neighborhood Commercial) District, where retail, personal service, office, wellness, and food and beverage uses are permitted subject to municipal approvals. Additional features include a whole-house generator, baseboard heating, public water, public sewer, a shingle roof, private driveway parking for two vehicles, and on-street parking. The surrounding area includes the Keyport waterfront, restaurants, breweries, marinas, and year-round events.
Key Highlights
- Mixed‑use property on 0.11 acres at 335 Maple Place, Keyport, NJ 07735
- NC (Neighborhood Commercial) District designation
- Commercial space currently occupied as a yoga studio
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,058
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$861,160
$861.2K
Cap Rate 7%
$615,114
$615.1K
Cap Rate 9%
$478,422
$478.4K
Market Conditions
NOI Build-Up for 2,800 SF
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.
Gross rent
$84.0K $30.00/SF
− Vacancy
−$5.7K −$2.04/SF
EGI
$78.3K $27.96/SF
− OpEx
−$35.2K −$12.58/SF
NOI
$43.1K $15.38/SF
Area
Monmouth County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$861,160
Cap Rate 7%
$615,114
Cap Rate 9%
$478,422
Alternative Uses
Best Use
Apartment 5plus
$615.1K
$538.2K – $717.6K
NOI $43,058 @ 7.0% cap · market cap 5.42%
Second Best
Office B
$612.0K
$535.5K – $714.0K
NOI $42,840 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$731.1K
$639.8K – $853.0K
NOI $51,180 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
Explore this area
Business Placement
Demographics for 07735, NJ
18,652
Population
8,411
Households
2.2
Avg Household Size
42
Median Age
33%
College-Educated
92%
High-School Grad
4.9 sq mi
ZIP Area
3,807
Density / Sq Mi
$98,760
Median Household Income
$57,988
Median Earnings
$1,520
Median Rent
$384,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - NC District property combines a yoga studio with two residential living spaces and private driveway parking.
Where is this mixed-use property located?
The property is located at 335 Maple Place Keyport, NJ.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Mixed‑use property on 0.11 acres at 335 Maple Place, Keyport, NJ 07735; NC (Neighborhood Commercial) District designation; Commercial space currently occupied as a yoga studio
