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    Mixed-Use Building with Retail Spaces Title is generated by Realmo AI

    41 E Main St, Freehold, NJ 07728

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    Mixed-use building featuring retail spaces and residential apartments.

    Type:Mixed Use
    Property size:
    9,652 SF
    Price / SF:
    $238/SF
    Added:
    Feb 25, 2026
    Days on Market:
    132
    Last Refresh:
    Jun 27 at 3:08 am

    Property Features for 41 E Main St

    General Information

    Standard status
    Active
    Size
    9,652 SF
    Property subtype
    Mixed Use

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    Salvatore Dellomo

    Listing office Summit Realty Services Inc

    Listing date Feb 25, 2026

    Source Crexi

    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

    HighLights

    • Great income‑producing property
    • Mixed‑use building with retail and residential units
    • Two first‑floor retail spaces, each boasting 1,200 SF
    • Features two 2‑bedroom residential apartments
    • Includes two 1‑bedroom residential apartments
    • Second and third‑floor apartments

    Overview

    This mixed-use building features two 1,200-square-foot retail spaces on the first floor. The second and third floors contain two 2-bedroom apartments and two 1-bedroom apartments. The property is described as an income-producing property. The building has a total size of 9,652 square feet.

    Local Financial Insights For Apartment 5plus

    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 $289.6k $30.00
    − Vacancy −$19.7k −$2.04
    EGI $269.9k $27.96
    − OpEx −$121.4k −$12.58
    NOI $148.4k $15.38
    9,652 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $2.12M
    $1.86M – $2.47M (±1% cap)
    NOI $148,428 @ 7.0% cap · market cap 6.45%
    Second Best
    Retail
    $1.97M
    $1.72M – $2.30M (±1% cap)
    NOI $137,766 @ 7.0% cap · market cap 5.99%
    Theoretical Best
    Office A
    $2.52M
    $2.21M – $2.94M (±1% cap)
    NOI $176,423 @ 7.0% cap · market cap 7.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Dental Office Hair Salon Hotel & Motel Bar & Pub Storage Facility (Bike/Boat/Book/etc) Store Discount Store Spa & Massage Center Nail Salon Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Freehold
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.2731664
    Latitude
    40.2610109

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building featuring retail spaces and residential apartments.
    Where is this mixed-use property located?
    The property is located at 41 E Main St Freehold, NJ.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: Great income‑producing property; Mixed‑use building with retail and residential units; Two first‑floor retail spaces, each boasting 1,200 SF
    More about this property
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