Brick Professional Office
For Sale
Contact for pricing
4001 Asbury Avenue, Tinton Falls, NJ 07753
A corner suite with wraparound windows brings natural light into an open-plan professional workspace.
Property Size15,224 SF
Price / SF$0.00
Days on Market286
Property Features for 4001 Asbury Avenue
General Information
Standard status
Active
Size
15,224 SF
Property subtype
Office
Additional Details
Road Access
Yes
Property Use
Office
Building Details
Year Built
2003
Construction
brick
Listing Agency:
Summit Realty Services Inc.
Listed By:
Salvatore Dellomo · License #8932421
(732) 918-9008
Source:
Defelicerealtygroup
Added: Jan 19
Changed: Oct 31
Last Checked: Oct 31 at 3:07AM
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 Summit Realty Services Inc.
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Investment Insights
Based on property information with market context.
This 15,224-square-foot office building was constructed in 2003 with a brick exterior and an open floor plan. A corner office area features wraparound windows that bring natural light into the space.
The property offers ample parking and access to major roads. Located at 4001 Asbury Avenue in Tinton Falls, New Jersey, it is configured for professional office use.
The property offers ample parking and access to major roads. Located at 4001 Asbury Avenue in Tinton Falls, New Jersey, it is configured for professional office use.
Key Highlights
- 15,224‑square‑foot office building
- Built in 2003 with a brick exterior
- Open floor plan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$232,927
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,658,540
$4.7M
Cap Rate 7%
$3,327,529
$3.3M
Cap Rate 9%
$2,588,078
$2.6M
Market Conditions
NOI Build-Up for 15,224 SF
Gross rent
$456.7K $30.00/SF
− Vacancy
−$146.2K −$9.60/SF
EGI
$310.6K $20.40/SF
− OpEx
−$77.6K −$5.10/SF
NOI
$232.9K $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%
$4,658,540
Cap Rate 7%
$3,327,529
Cap Rate 9%
$2,588,078
Alternative Uses
Best Use
Office B
$3.33M
$2.91M – $3.88M
NOI $232,927 @ 7.0% cap · market cap 1,294,038.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.98M
$3.48M – $4.64M
NOI $278,270 @ 7.0% cap · market cap 1,545,944.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
348
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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - A corner suite with wraparound windows brings natural light into an open-plan professional workspace.
Where is this office building located?
The property is located at 4001 Asbury Avenue Tinton Falls, NJ.
What are key features of this property?
This property features: 15,224‑square‑foot office building; Built in 2003 with a brick exterior; Open floor plan
