Furnished Office
For Sale
Contact for pricing
369 N Main Street, Barnegat, NJ 08005
Second-floor rooms include access to shared reception and conference areas, a private bathroom, and common parking.
Property Size2,820 SF
Price / SF$0.64
Days on Market145
Property Features for 369 N Main Street
General Information
Standard status
Active
Size
2,820 SF
Property subtype
Commercial
Additional Details
Floor
2
Property Use
Office
Amenities
conference room
private bathroom
private outdoor access
shared reception area
Building Details
Year Built
1925
Listing Agency:
Coldwell Banker Riviera Realty
Listed By:
Joann Huebscher · License #1325121
(609) 296-7111
Source:
Defelicerealtygroup
Added: Jun 11
Changed: Oct 31
Last Checked: Oct 31 at 3:29AM
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 Coldwell Banker Riviera Realty
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Investment Insights
Based on property information with market context.
Office rooms are offered on annual lease terms with furniture included. The second-floor space has private outdoor access and provides a shared reception area, a conference room, and a private bathroom. Common parking is available for clients and visitors. Water, sewer, and electricity are included.
The property at 369 N Main Street in Barnegat was built in 1925.
The property at 369 N Main Street in Barnegat was built in 1925.
Key Highlights
- Furnished individual office rooms available on annual lease terms
- Second‑floor suite has private outdoor access
- Shared reception area and conference room for meetings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,146
Suggested Prices Based on Cap Rates
Cap Rate 5%
$862,920
$862.9K
Cap Rate 7%
$616,371
$616.4K
Cap Rate 9%
$479,400
$479.4K
Market Conditions
NOI Build-Up for 2,820 SF
Gross rent
$84.6K $30.00/SF
− Vacancy
−$27.1K −$9.60/SF
EGI
$57.5K $20.40/SF
− OpEx
−$14.4K −$5.10/SF
NOI
$43.1K $15.30/SF
Area
Ocean 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%
$862,920
Cap Rate 7%
$616,371
Cap Rate 9%
$479,400
Alternative Uses
Best Use
Office B
$616.4K
$539.3K – $719.1K
NOI $43,146 @ 7.0% cap · market cap 2,397.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$736.4K
$644.3K – $859.1K
NOI $51,545 @ 7.0% cap · market cap 2,863.61%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
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Business Placement
Demographics for 08005, NJ
25,814
Population
11,671
Households
2.2
Avg Household Size
49
Median Age
34%
College-Educated
94%
High-School Grad
53.5 sq mi
ZIP Area
483
Density / Sq Mi
$92,548
Median Household Income
$47,209
Median Earnings
$1,949
Median Rent
$356,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor rooms include access to shared reception and conference areas, a private bathroom, and common parking.
Where is this office unit located?
The property is located at 369 N Main Street Barnegat, NJ.
What are key features of this property?
This property features: Furnished individual office rooms available on annual lease terms; Second‑floor suite has private outdoor access; Shared reception area and conference room for meetings
