Mixed-Use Building with
For Sale
$795,000
335 Maple Place, Keyport, NJ 07735
Live/work and rental income configuration with generator, yoga studio space, and two residential units on two levels.
Property Size2,800 SF
Days on Market137
Property Features for 335 Maple Place
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Mixed Use
Taxes and HOA fees
Annual Taxes
$8,200
Building Details
Building Size
2,800 SF
Year Built
1955
Listing Agency:
EXIT Realty East Coast Shirvanian
Listed By:
Mary Hart · License #1750857
(732) 946-2000
Source:
Sackmanrealty
Added: Jun 19
Changed: Oct 31
Last Checked: Nov 1 at 2:16PM
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 EXIT Realty East Coast Shirvanian
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Investment Insights
Based on property information with market context.
This 2,400 SF mixed-use building in Keyport’s NC (Neighborhood Commercial) District combines a ground-floor commercial space with two residential units. The commercial portion is currently operating as a yoga studio and includes a half bath. Zoning permits a range of uses including retail, personal service, office, wellness, and food/beverage options, subject to municipal approvals.
A separate first-floor studio apartment includes a kitchen, full bath, and sleeping area. The second floor features a spacious 3-bedroom residential unit with approximately 1,400 SF, a large living room, a full bath, and abundant natural light. Additional amenities include a whole-house generator, a private driveway for two vehicles, and ample street parking.
The property is suited to buyers looking for a flexible live/work setup or an owner/operator configuration that combines business space with rental housing. Existing improvements support continued wellness-oriented use, while the zoning range offers options for a broader mix of neighborhood-serving concepts, subject to approvals. Residential layouts provide straightforward support for multi-tenant operation or continued owner occupancy alongside a commercial use.
A separate first-floor studio apartment includes a kitchen, full bath, and sleeping area. The second floor features a spacious 3-bedroom residential unit with approximately 1,400 SF, a large living room, a full bath, and abundant natural light. Additional amenities include a whole-house generator, a private driveway for two vehicles, and ample street parking.
The property is suited to buyers looking for a flexible live/work setup or an owner/operator configuration that combines business space with rental housing. Existing improvements support continued wellness-oriented use, while the zoning range offers options for a broader mix of neighborhood-serving concepts, subject to approvals. Residential layouts provide straightforward support for multi-tenant operation or continued owner occupancy alongside a commercial use.
Key Highlights
- 2,400 SF mixed‑use building with commercial yoga studio and residential units for live/work and rental income.
- Commercial space includes a half bath and is currently occupied as a yoga studio.
- First‑floor studio apartment features a kitchen, full bath, and sleeping area.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,840
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$856,800
$856.8K
Cap Rate 7%
$612,000
$612.0K
Cap Rate 9%
$476,000
$476.0K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$84.0K $30.00/SF
− Vacancy
−$26.9K −$9.60/SF
EGI
$57.1K $20.40/SF
− OpEx
−$14.3K −$5.10/SF
NOI
$42.8K $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%
$856,800
Cap Rate 7%
$612,000
Cap Rate 9%
$476,000
Alternative Uses
Best Use
Office B
$612.0K
$535.5K – $714.0K
NOI $42,840 @ 7.0% cap · market cap 5.39%
Second Best
Mixed Use
$540.0K
$472.5K – $630.0K
NOI $37,800 @ 7.0% cap · market cap 4.75%
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.
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Current Use
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
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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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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Live/work and rental income configuration with generator, yoga studio space, and two residential units on two levels.
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: 2,400 SF mixed‑use building with commercial yoga studio and residential units for live/work and rental income.; Commercial space includes a half bath and is currently occupied as a yoga studio.; First‑floor studio apartment features a kitchen, full bath, and sleeping area.
