Building Details

Buildings 2

Stories 2

Listing Agency: EXP Realty n***@exprealty.net

Listed By: Jaime Helms Show Phone

Source: Exprealty

Added: May 5 Changed: Oct 13 Last Checked: Oct 15 at 2:08AM

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Investment Insights

Based on property information with market context.

This flex property combines a two-story office and retail building with a separate warehouse on nearly 4 acres. The ±5,758 SF building includes two reception areas, a showroom with 12' ceilings, six first-floor offices, two restrooms, and an employee lounge. The upper level adds four offices, another restroom, several storage rooms, and attic access.

The detached ±6,000 SF warehouse provides 14' clear height, a 14' high by 16'+ wide overhead door, and covered storage beneath an attached lean-to structure. The property is located at 484 Monmouth Rd in Clarksburg, NJ. The roof is only a few years old. Business operations, machinery, equipment, racks, materials, and other personal property are excluded from the sale.

Key Highlights

• Nearly 4‑acre commercial site at 484 Monmouth Rd, Clarksburg, NJ
• ±5,758 SF two‑story office and retail building
• Showroom includes 12' ceilings, two reception areas, six first‑floor offices, and employee lounge

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$94,449

Cap Rate

4.50%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,888,980 $1.9M

Cap Rate 7%

$1,349,271 $1.3M

Cap Rate 9%

$1,049,433 $1.0M

Market Conditions

NOI Build-Up for 5,758 SF

Gross rent

$187.3K $32.52/SF

− Vacancy

−$41.9K −$7.28/SF

EGI

$145.3K $25.24/SF

− OpEx

−$50.9K −$8.83/SF

NOI

$94.4K $16.40/SF

Area

Monmouth County, NJ

Vacancy

22.40%

Lease Rate

$32.52 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,888,980

Cap Rate 7%

$1,349,271

Cap Rate 9%

$1,049,433

Alternative Uses

Best Use

Flex RnD

$1.35M

$1.18M – $1.57M (±1% cap)

NOI $94,449 @ 7.0% cap · market cap 4.50%

Second Best

Office B

$1.26M

$1.10M – $1.47M (±1% cap)

NOI $88,097 @ 7.0% cap · market cap 4.20%

Theoretical Best

Office A

$1.50M

$1.32M – $1.75M (±1% cap)

NOI $105,247 @ 7.0% cap · market cap 5.01%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Northeastern Lumber & Millwork Big Box & Wholesale Store

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Auto Repair Shop

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

14 ft

Clear height

10

Office units

Location Intelligence

Trade Area within ½ mile

210

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 08510, NJ

5,101

Population

1,891

Households

2.7

Avg Household Size

45

Median Age

62%

College-Educated

95%

High-School Grad

17.7 sq mi

ZIP Area

288

Density / Sq Mi

$201,875

Median Household Income

$61,711

Median Earnings

$645,200

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

Similar Off Market Nearby

• First Choice Caterers — 50 Richter Rd, Jackson Township, NJ 08527
• Bagel Bistro — 498 Monmouth Rd, Millstone, NJ 08510

Frequently Asked Questions

What type of property is this?

Flex space - Office, showroom, and warehouse improvements support a range of commercial operations on a substantial commercial site.

Where is this flex space located?

The property is located at 484 Monmouth Rd Clarksburg, NJ.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: Nearly 4‑acre commercial site at 484 Monmouth Rd, Clarksburg, NJ; ±5,758 SF two‑story office and retail building; Showroom includes 12' ceilings, two reception areas, six first‑floor offices, and employee lounge