Mixed-Use Property with Office/Flex
For Sale
$5,500,000
3443 State Route 66, Neptune, NJ 07753
Commercial Sale, Neptune Township, NJ
Property Size17,287 SF
Lot Size3.07 Acres
Price / SF$318.16
Days on Market261
Property Features for 3443 State Route 66
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Directions
GPS
Standard status
Active
APN
35-03701-0000-00009
Size
17,287 SF
Lot size
3.07 Acres
Additional Details
Tenant in Place
Yes
Property Use
Office/Flex
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
53829
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1974
Floors in Building
1
Buildings
1
Listing Agency:
Compass New Jersey LLC
Listed By:
Isaac Franco
(732) 936-5248
Added: Feb 18
Changed: Nov 4
Last Checked: Nov 5 at 12:06PM
MLS# 22603785
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.
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Investment Insights
Based on property information with market context.
The 17,287-square-foot property occupies 3.07 acres and was built in 1974. Kiddie Academy leases approximately 10,000 square feet through August 2033. About 7,000 square feet of office/flex area is vacant, with private offices, conference rooms, a kitchen and break area, and storage. The available space can be divided into suites starting at 3,000 square feet.
The property is on State Route 66 in Neptune Township and includes a parking lot. Public water and public sewer serve the site. The office/flex space is identified as suitable for professional office, medical, therapy, administrative, educational, and other permitted commercial uses.
The property is on State Route 66 in Neptune Township and includes a parking lot. Public water and public sewer serve the site. The office/flex space is identified as suitable for professional office, medical, therapy, administrative, educational, and other permitted commercial uses.
Key Highlights
- 17,287‑square‑foot building on 3.07 acres
- Kiddie Academy occupies approximately 10,000 square feet under lease through August 2033
- Approximately 7,000 square feet of vacant office/flex space; suites start at 3,000 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$264,491
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,289,820
$5.3M
Cap Rate 7%
$3,778,443
$3.8M
Cap Rate 9%
$2,938,789
$2.9M
Market Conditions
NOI Build-Up for 17,287 SF
Gross rent
$518.6K $30.00/SF
− Vacancy
−$166.0K −$9.60/SF
EGI
$352.7K $20.40/SF
− OpEx
−$88.2K −$5.10/SF
NOI
$264.5K $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%
$5,289,820
Cap Rate 7%
$3,778,443
Cap Rate 9%
$2,938,789
Alternative Uses
Best Use
Office B
$3.78M
$3.31M – $4.41M
NOI $264,491 @ 7.0% cap · market cap 4.81%
Second Best
Mixed Use
$3.33M
$2.92M – $3.89M
NOI $233,375 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$4.51M
$3.95M – $5.27M
NOI $315,979 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
327
Businesses Nearby
Explore this area
Business Placement
Demographics for 07753, NJ
37,397
Population
16,701
Households
2.2
Avg Household Size
45
Median Age
37%
College-Educated
93%
High-School Grad
16.0 sq mi
ZIP Area
2,337
Density / Sq Mi
$92,824
Median Household Income
$49,953
Median Earnings
$1,740
Median Rent
$390,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A leased childcare component accompanies vacant office/flex space with private offices, meeting rooms, and a break area.
Where is this mixed-use property located?
The property is located at 3443 State Route 66 Neptune, NJ.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 17,287‑square‑foot building on 3.07 acres; Kiddie Academy occupies approximately 10,000 square feet under lease through August 2033; Approximately 7,000 square feet of vacant office/flex space; suites start at 3,000 square feet
