High-Visibility Mixed-Use
48 South Street Eatontown, NJ 07724
New
For Sale
$650,000
COMMERCIAL - Eatontown, NJ
Property Size1,804 SF
Lot Size0.25 Acres
Price / SF$360.31
Days on Market5
Property Features for 48 South Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Parking Lot
Security features
Security System
Exterior features
Lighting
Basement
Partial
Standard status
Active
APN
12-00902-0000-00031
Size
1,804 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10798
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Oil
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1910
Floors in Building
2
Roof type
Shingle
Listing Agency:
Keller Williams Realty East Monmouth
(732) 704-4033
Listed By:
John Sherrod
(732) 704-4033
Added: Jul 24
Last Checked: Jul 28 at 1:06AM
MLS# 22622706
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.
For sale mixed-use commercial property with approximately 1,804 square feet of building area on a 0.25-acre lot at 48 South Street, Eatontown, NJ 07724. The B-2 Business Zone allows a wide variety of uses, including offices, personal services, and retail sales, as well as live-in professional use. The property is described as well-suited for buyers who want to live upstairs and operate the business downstairs with one building expense.
The offering is positioned for visibility from Route 35. As with any mixed-use acquisition, the buyer is responsible for conducting due diligence with the town regarding permitted uses for the property.
This property presents a straightforward mixed-use configuration for owners seeking an integrated live/work setup within Eatontown’s B-2 Business Zone.
The offering is positioned for visibility from Route 35. As with any mixed-use acquisition, the buyer is responsible for conducting due diligence with the town regarding permitted uses for the property.
This property presents a straightforward mixed-use configuration for owners seeking an integrated live/work setup within Eatontown’s B-2 Business Zone.
Key Highlights
- Mixed‑use commercial property in Eatontown’s B‑2 Business Zone with a wide variety of permitted uses
- Positioned with visibility from Rt 35
- Year built: 1910
Financial Insights For Office B
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 | $54.1k | $30.00 |
| − Vacancy | −$17.3k | −$9.60 |
| EGI | $36.8k | $20.40 |
| − OpEx | −$9.2k | −$5.10 |
| NOI | $27.6k | $15.30 |
1,804 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$394.3K
$345.0K – $460.0K
NOI $27,601 @ 7.0% cap · market cap 4.25%
Second Best
Retail
$367.8K
$321.9K – $429.2K
NOI $25,749 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$471.1K
$412.2K – $549.6K
NOI $32,974 @ 7.0% cap · market cap 5.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Live-work space - For sale mixed-use property in Eatontown’s B-2 zone with high visibility from Route 35 and live-work flexibility.
Where is this live-work space located?
The property is located at 48 South Street Eatontown, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Mixed‑use commercial property in Eatontown’s B‑2 Business Zone with a wide variety of permitted uses; Positioned with visibility from Rt 35; Year built: 1910
