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Nine-Unit Mixed-Use Building
New
For Sale
$2,300,000

41 E Main Street, Freehold, NJ 07728

COMMERCIAL - Freehold, NJ

Property Size9,652 SF
Lot Size0.27 Acres
Price / SF$238.29
Days on Market1

Property Features for 41 E Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Office, Multi-Family, Retail, Residential, Professional, Mixed, Commercial
Rooms Basement
Parking features Open, Off Street, Offsite, Parking Lot, On Street
Exterior features Lighting
Fireplace 1
Basement Full
Lot features Level, Sidewalks
Directions GPS
Standard status Active
APN 16-00040-0000-00007-01
Size 9,652 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 29963

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Window Unit(s), Central Air, Electric
Water source Public

Building Details

Floors in Building 2
Building materials Brick, Stucco
Roof type Flat, Asphalt, Shingle
Listing Agency: Summit Realty Services Inc.
Listed By: Salvatore Dellomo · License #8932421
Added: Aug 3 Last Checked: Aug 3 at 12:06PM
MLS# 22623784

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.

Located at 41 E Main Street in Freehold, New Jersey, this 9,652-square-foot mixed-use building sits on a 0.27-acre parcel. The property contains nine units, including two first-floor retail spaces, three office suites, and four residential apartments. The residential component includes two two-bedroom units and two one-bedroom units, creating a varied occupancy profile within one asset.

The building is reported as 100% occupied and includes open, off-street, offsite, parking-lot, and on-street parking options. Exterior construction features brick and stucco, with a flat asphalt and shingle roof. Building systems include forced-air heating, central air, window units, and electric cooling. Public water and public sewer serve the property, while a basement and exterior lighting add functional support.

Key Highlights

  • 9,652‑square‑foot mixed‑use building on 0.27 acres
  • Nine units: two retail, three office, and four apartments
  • Residential mix includes two 2‑bedroom and two 1‑bedroom apartments

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
Office B
$2.11M
$1.85M – $2.46M (±1% cap)
NOI $147,676 @ 7.0% cap · market cap 6.42%
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 authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Hair Salon Storage Facility (Bike/Boat/Book/etc) Store Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,368
Businesses Nearby

Demographics for 07728, NJ

56,444
Population
21,150
Households
2.7
Avg Household Size
43
Median Age
46%
College-Educated
92%
High-School Grad
49.6 sq mi
ZIP Area
1,138
Density / Sq Mi
$107,042
Median Household Income
$56,824
Median Earnings
$1,941
Median Rent
$490,000
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Monmouth County, NJ

$432 Feb
$511 Mar
$399 Apr
$305 May
$305 Jun
Jul

Properties on Market for Mixed-use properties in Monmouth County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied commercial property combining retail, office, and residential components in a single building.
Where is this mixed-use property located?
The property is located at 41 E Main Street 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: 9,652‑square‑foot mixed‑use building on 0.27 acres; Nine units: two retail, three office, and four apartments; Residential mix includes two 2‑bedroom and two 1‑bedroom apartments
More about this property
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