Mixed-Use Property with
For Sale
$1,550,000
437 Adamston Road, Brick, NJ 08723
Commercial Sale, Brick, NJ
Property Size4,600 SF
Lot Size3.58 Acres
Price / SF$336.96
Days on Market182
Property Features for 437 Adamston Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Single Family, Residential, Professional, Conforming Use, Agricultural
Parking
20
Parking features
Off Street, Open, Parking Lot, Guest
Security features
Security System
Window features
Insulated Windows
Interior features
Fluorescent
Exterior features
Lighting, Outdoor Shower
Fencing
Fenced
Basement
Crawl Space
Lot features
Irregular Lot
Directions
GPS
Subdivision
Adamston
Standard status
Active
APN
07-00195-0000-00016-02
Size
4,600 SF
Lot size
3.58 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
20355
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Hot Water(Heating)
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Flooring type
Wood, Concrete
Listing Agency:
Weichert Realtors-Sea Girt
Listed By:
Dawn M White
(732) 974-1000
Added: Apr 30
Changed: Oct 26
Last Checked: Oct 28 at 11:06PM
MLS# 22612376
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.
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Investment Insights
Based on property information with market context.
This 3.58-acre mixed-use property combines approximately 2,300 square feet of commercial space with an attached 3-bedroom residence, nanny suite, and 2.5 bathrooms. The home includes wood flooring, granite countertops, picture-frame and crown molding, central air, hot-water baseboard heating, and public water and sewer. The overall property measures approximately 4,600 square feet and also includes outbuildings, a barn with electric, fenced grounds, an outdoor shower, exterior lighting, and open off-street parking.
A corporate tenant occupies the commercial component under a 10-year lease that began February 7, 2023. As of April 30, 2026, the agreement is in Year 4 with approximately 6 years and 9 months remaining. The tenant contributes toward taxes, insurance, and operating expenses. Located in Brick, NJ, the property offers access to major roadways, local amenities, and the Jersey Shore.
A corporate tenant occupies the commercial component under a 10-year lease that began February 7, 2023. As of April 30, 2026, the agreement is in Year 4 with approximately 6 years and 9 months remaining. The tenant contributes toward taxes, insurance, and operating expenses. Located in Brick, NJ, the property offers access to major roadways, local amenities, and the Jersey Shore.
Key Highlights
- 3.58‑acre mixed‑use property with approximately 4,600 square feet
- Approximately 2,300 square feet of commercial space
- 10‑year corporate lease commenced February 7, 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,380
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,407,600
$1.4M
Cap Rate 7%
$1,005,429
$1.0M
Cap Rate 9%
$782,000
$782.0K
Market Conditions
NOI Build-Up for 4,600 SF
Gross rent
$138.0K $30.00/SF
− Vacancy
−$44.2K −$9.60/SF
EGI
$93.8K $20.40/SF
− OpEx
−$23.5K −$5.10/SF
NOI
$70.4K $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%
$1,407,600
Cap Rate 7%
$1,005,429
Cap Rate 9%
$782,000
Alternative Uses
Best Use
Office B
$1.01M
$879.8K – $1.17M
NOI $70,380 @ 7.0% cap · market cap 4.54%
Second Best
Mixed Use
$759.0K
$664.1K – $885.5K
NOI $53,130 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,081 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
Explore this area
Business Placement
Demographics for 08723, NJ
31,272
Population
14,075
Households
2.2
Avg Household Size
45
Median Age
30%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
2,606
Density / Sq Mi
$103,953
Median Household Income
$54,165
Median Earnings
$1,652
Median Rent
$374,400
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Attached commercial and residential improvements support an owner-user, live-work, or leased mixed-use configuration.
Where is this mixed-use property located?
The property is located at 437 Adamston Road Brick, NJ.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 3.58‑acre mixed‑use property with approximately 4,600 square feet; Approximately 2,300 square feet of commercial space; 10‑year corporate lease commenced February 7, 2023
