Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4001 Asbury Ave Tinton Falls, NJ 07753

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $19 SF/Yr

    Modern brick office building with open floor plan and parking.

    Property size:
    15,224 SF
    Lot size:
    2.64 Acres

    Property Features for 4001 Asbury Ave

    General Information

    Standard status
    Active
    Size
    15,224 SF
    Lot size
    2.64 Acres

    Building Details

    Year built
    2003

    We can help!

    Listing Contact
    Salvatore Dellomo
    Source: Corcoran

    Listing Agency: Summit Realty Services Inc. Listing Agent: Salvatore Dellomo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Professional Office Building For Rent

    This modern brick professional office building features an open floor plan. The corner space benefits from wrap-around windows, providing ample natural lighting. The property offers ample parking and easy access to major roads. The building has a total property size of 15224 square feet.
    Location Intelligence

    Current Use by Public Records

    Dr. Brian D. ... Dental Office RE/MAX SELECT of TINTON ... Real Estate Agency Clare Shin - Coldwell ... Real Estate Agency Robert Shavelson, M.D. Pediatrician Dickstein Associates Agency Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Tinton Falls
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0779742
    Latitude
    40.235296

    Nearby Similar for Lease

    • $1,500 /Mo

      Red Bank Commercial Space Available

      Garage and office space suitable for various trade businesses.
      2 Park Pl, Tinton Falls, NJ 07701
      View Details
    • $4,800 /Mo
      5,400 SF

      Former School Building For Rent

      Two-story, 5,200 SF building with classrooms and parking.
      62 Hance Ave, Tinton Falls, NJ 07724
      View Details
    • Contact for pricing
      12,876 SF

      Adaptable Office Building in Red Bank

      Multi-unit commercial office building for lease in central Red Bank.
      188 E Bergen Pl, Tinton Falls, NJ 07701
      View Details
    • $21 SF/Yr

      Retail Space in Busy Center

      High-visibility retail space available in Tinton Falls shopping center.
      4057 Asbury Ave, Tinton Falls, NJ 07753
      View Details
    • Sponsored
      Contact for pricing

      NJ, Tinton Falls - Apple St

      Discover many ways to work your way in San Antonio Airport
      44 Apple St, Tinton Falls, NJ 07724
      View Details
    • $19 SF/Yr
      15,224 SF

      Modern Office Building with Parking

      Professional office space with natural light and easy road access.
      4001 Asbury Ave, Tinton Falls, NJ 07753
      View Details
    • $35 SF/Yr
      15,224 SF

      Retail Space with Drive-Through

      65,000 SF neighborhood center with drive-through available.
      4057 Asbury Ave, Tinton Falls, NJ 07753
      View Details
    • $15 SF/Yr

      Office Space in Sunset Park

      Office space available in Sunset Industrial Park for rent.
      1750 Brielle Ave, Ocean, NJ 07712
      View Details
    • Contact for pricing
      66,253 SF

      Renovated Office Space with Amenities

      Modern office space with fitness center and excellent highway access.
      331 Newman Springs Rd, Monmouth, NJ 07701
      View Details
    • $20 SF/Yr
      1,945 SF

      Ocean, NJ Office Space Available

      Office space for rent with immediate occupancy and ample parking.
      1750 Brielle Ave, Ocean, NJ
      View Details
    • Contact for pricing

      Tinton Falls Office Space Available

      Office space for rent near Garden State Parkway and Red Bank.
      Tinton Falls, NJ 07724
      View Details
    • Contact for pricing

      Office Space Near GSP Exit

      Office space for rent, close to amenities and GSP.
      595 Shrewsbury Ave, Tinton Falls, NJ 07702
      View Details

    FAQs

    What type of property is this?
    Office building - Modern brick office building with open floor plan and parking.
    Where is this office building located?
    The property is located at 4001 Asbury Ave Tinton Falls, NJ.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Modern brick professional office building; - Corner space with wrap-around windows; - Open floor plan
    (732) 918-9008
    Request Owner's contact information
    4001 Asbury Ave Tinton Falls, NJ 07753
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4001 Asbury Ave
    Tinton Falls, NJ 07753
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4001 Asbury Ave Tinton Falls, NJ 07753
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Salvatore Dellomo
    (732) 918-9008
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!