Updated Professional Office
495 Iron Bridge Road Freehold, NJ 07728
New
For Sale
$290,000
COMMERCIAL - Freehold, NJ
Property Size1,365 SF
Lot Size0.01 Acres
Price / SF$212.45
Days on Market1
Property Features for 495 Iron Bridge Road
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
102
Interior features
Handicapped
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
28-00070-0000-00001-05
Size
1,365 SF
Lot size
0.01 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5111
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1995
Floors in Building
2
Listing Agency:
Compass New Jersey , LLC
(732) 252-2460
Listed By:
Colleen Meyler · License #8534703
(732) 252-2460
Added: Jul 29
Last Checked: Jul 29 at 10:06PM
MLS# 22623209
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.
Updated 1,365-square-foot professional office condominium offered as turnkey for immediate occupancy. The layout includes a spacious reception and waiting area, client intake space, a checkout window, and three exam or office suites with sinks. Additional improvements include a private office, a dedicated staff and storage area, and a private restroom. An added 18' x 9' flex space can support a variety of operational needs such as a conference room, staff lounge, training area, or collaborative workspace.
The property is located about one-half mile from CentraState Medical Center, within a professionally maintained complex that provides parking for 102 vehicles, including 6 ADA-accessible spaces.
This office condo presents a functional, flexible configuration for professional use, with ready-to-occupy interior space and parking designed to accommodate day-to-day client and staff visits.
The property is located about one-half mile from CentraState Medical Center, within a professionally maintained complex that provides parking for 102 vehicles, including 6 ADA-accessible spaces.
This office condo presents a functional, flexible configuration for professional use, with ready-to-occupy interior space and parking designed to accommodate day-to-day client and staff visits.
Key Highlights
- Updated 1,365 SF professional office condo with a reception and waiting area plus client intake and checkout window
- Includes three exam/office suites with sinks, a private office, dedicated staff and storage area, and a private restroom
- 18' x 9' flex space for conference room, staff lounge, training, or collaborative workspace
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 | $41.0k | $30.00 |
| − Vacancy | −$13.1k | −$9.60 |
| EGI | $27.8k | $20.40 |
| − OpEx | −$7.0k | −$5.10 |
| NOI | $20.9k | $15.30 |
1,365 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$298.4K
$261.1K – $348.1K
NOI $20,885 @ 7.0% cap · market cap 7.20%
Second Best
Healthcare Medical
$290.3K
$254.1K – $338.7K
NOI $20,324 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$356.4K
$311.9K – $415.8K
NOI $24,950 @ 7.0% cap · market cap 8.60%
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?
Office units - Turnkey office condo with reception, private restroom, and three suites with sinks, plus an 18-by-9 flex space.
Where is this office units located?
The property is located at 495 Iron Bridge Road Freehold, NJ.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Updated 1,365 SF professional office condo with a reception and waiting area plus client intake and checkout window; Includes three exam/office suites with sinks, a private office, dedicated staff and storage area, and a private restroom; 18' x 9' flex space for conference room, staff lounge, training, or collaborative workspace
