365 Broad Street Red Bank, NJ 07701
COMMERCIAL - Red Bank, NJ
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 (732) 292-1400
Listing office Diane Turton, Realtors-Wall 2383 Highway 34 S, Spring Lake, NJ (732) 292-1400
Listing date May 27, 2026
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.
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 |