Listing Agency: Keller Williams Realty Central Monmouth j***@kw.com Show Phone

Listed By: Janine D Del Tufo · License #9807751 Show Phone

Source: Exprealty

Added: Jul 15, 2024 Changed: Aug 8 Last Checked: Jul 16 at 7:05AM

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Investment Insights

Based on property information with market context.

This commercial property is located at a signalized intersection in Millstone Township. The two-story, free-standing building offers high visibility and a large parking lot. The building is approximately 3,000 square feet and contains office suites on both the first and second floors. It is suitable for offices, professional space, or retail use. The location benefits from a high daily car count. Several new large residential unit developments are currently under construction in the area, which are expected to increase the local population.

Key Highlights

• High‑visibility corner location at a four‑way signalized intersection.
• Updated, two‑story, free‑standing building suitable for office, professional, or retail use.
• Large parking lot.

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Hair Salon Big Box & Wholesale Store Dental Office Law Firm Nail Salon Furniture & Home Goods

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

NNN (Triple Net)

Lease Type

$2.07 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

232

Businesses Nearby

Explore this area Business Placement

Demographics for 08535, NJ

5,273

Population

1,715

Households

3.1

Avg Household Size

45

Median Age

57%

College-Educated

97%

High-School Grad

18.7 sq mi

ZIP Area

282

Density / Sq Mi

$195,278

Median Household Income

$67,269

Median Earnings

$2,279

Median Rent

$684,200

Median Home Value

Market

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

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Frequently Asked Questions

What type of property is this?

Office units - Two-story building with high visibility in a growing area.

Where is this office units located?

The property is located at 453 State Route 33 Millstone Township, NJ.

What is the lease rate?

The lease rate is $3,450/Mo.

What are key features of this property?

This property features: High‑visibility corner location at a four‑way signalized intersection.; Updated, two‑story, free‑standing building suitable for office, professional, or retail use.; Large parking lot.