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Red Bank Professional Office Space

365 Broad Street Red Bank, NJ 07701

365 Broad Street, Red Bank, NJ, 07701
$645,000
For Sale
Claim this Listing
$645,000

COMMERCIAL - Red Bank, NJ

Property Size2,634 SF
Lot Size0.02 Acres
Price / SF$244.87
AddedMay 27
Days on Market49
Last RefreshJul 14 at 2:06 pm

Property Features for 365 Broad Street

General Information

Property type
Commercial Sale
Property subtype
Office
Parking
2
Parking features
Parking Lot, Assigned, Off Street, RV
Standard status
Active
APN
39-00116-0000-00030-02-C3014
Size
2,634 SF
Lot size
0.02 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
11538

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1930
Floors in Building
1
Building materials
Brick

Listing agent Elizabeth DeFeo

Listing office Diane Turton, Realtors-Wall 2383 Highway 34 S, Spring Lake, NJ

Listing date May 27, 2026

MLS# 22615580

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.

This professional office space in Red Bank, New Jersey, offers a versatile layout suitable for various professional uses. The 2,600+ square foot fourth-floor space was fully renovated in 2016 and features high ceilings and abundant natural light. The suite includes updated flooring, modern lighting, fresh paint, and a kitchenette area. It also contains two private bathrooms and two private parking spaces, with a private elevator providing direct access into the suite. The space was created by combining two suites into a larger one, and includes a large executive office with penthouse views. The property is situated in a highly visible location near Route 35 and Newman Springs Road, providing easy access to the Garden State Parkway, New Jersey Transit trains, and bus routes. Neighboring suites are occupied by medical practices, making this an excellent location for healthcare professionals, wellness providers, lawyers, or complementary service businesses. The property is located near 365 Broad Street, Red Bank, NJ 07701. The Atlantic Club is moving across the street.

Key Highlights

  • Fully renovated 2016 professional office suite on the 4th floor, combining two suites for 2,600+ SF
  • Direct in‑suite access via a private elevator and includes two private bathrooms plus a kitchenette area
  • Large executive office with high ceilings and abundant natural light, updated flooring, modern lighting, and fresh paint

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 $79.0k $30.00
− Vacancy −$25.3k −$9.60
EGI $53.7k $20.40
− OpEx −$13.4k −$5.10
NOI $40.3k $15.30
2,634 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$575.7K
$503.8K – $671.7K (±1% cap)
NOI $40,300 @ 7.0% cap · market cap 6.25%
Second Best
Healthcare Medical
$560.3K
$490.2K – $653.7K (±1% cap)
NOI $39,219 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$687.8K
$601.8K – $802.4K (±1% cap)
NOI $48,145 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Locksmith Tattoo & Piercing Shop Daycare Center Pet Store Tanning Salon Grocery & Convenience Store Pet Store & Service (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Office units - Renovated office space with private elevator and parking.
Where is this office units located?
The property is located at 365 Broad Street Red Bank, NJ.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Fully renovated 2016 professional office suite on the 4th floor, combining two suites for 2,600+ SF; Direct in‑suite access via a private elevator and includes two private bathrooms plus a kitchenette area; Large executive office with high ceilings and abundant natural light, updated flooring, modern lighting, and fresh paint
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