Mixed-Use Property with Horse
New
For Sale
$489,000
497 Main Street, West Creek, NJ 08092
Commercial Sale, West Creek, NJ
Property Size1,483 SF
Lot Size2.91 Acres
Price / SF$329.74
Days on Market2
Property Features for 497 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Office, Multi-Family, Single Family, Retail, Residential, Professional, Non-Conforming, Multi-Use, Mixed, Live-in Professional, General Highway, Conforming Use, Commercial, Central Business
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Basement, Bathroom 2
Parking
6
Parking features
Off Street
Exterior features
Lighting
Fencing
Fenced
Fireplace
1
Basement
Dirt Floor
Subdivision
Eagleswood Vlg
Lot features
Irregular Lot, Wooded, Fenced/ Enclosed Area, Highway Frontage
Directions
Garden State Parkway South to Exit 63 to Route 72 East to right onto Route 9 South on Right Hand side after Eagleswood Elementary School
Standard status
Active
APN
09-00029-0000-00016
Size
1,483 SF
Lot size
2.91 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7733
Utilities
Sewer type
Septic Tank
Heating system
Forced Air, Hot Water(Heating)
Water source
Well
Building Details
Year built
1936
Floors in Building
1
Flooring type
Tile
Roof type
Metal
Listing Agency:
RE/MAX at Barnegat Bay
Listed By:
John Glancy Jr.
(732) 473-1700
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 25 at 6:06AM
MLS# 22633715
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.
Set on 2.91 acres, this 1,483-square-foot property includes a residence and horse stable. The 1936-built home has two bathrooms, a basement, tile flooring, and a fireplace. Exterior features include fencing, lighting, and off-street parking; the property is served by a well and septic system.
The parcel carries a C-2 designation. Uses identified for the district include residential and agricultural activities, retail, professional offices, automotive services, restaurants, educational facilities, and public spaces. The property is at 497 Main Street in West Creek, Ocean County, New Jersey.
The parcel carries a C-2 designation. Uses identified for the district include residential and agricultural activities, retail, professional offices, automotive services, restaurants, educational facilities, and public spaces. The property is at 497 Main Street in West Creek, Ocean County, New Jersey.
Key Highlights
- 2.91‑acre parcel with a 1,483‑square‑foot residence and horse stable
- C‑2 designation; district uses listed include residential, agricultural, retail, office, and food‑service activities
- 1936‑built residence with two bathrooms, a basement, tile flooring, and a fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,129
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,580
$342.6K
Cap Rate 7%
$244,700
$244.7K
Cap Rate 9%
$190,322
$190.3K
Market Conditions
NOI Build-Up for 1,483 SF
Gross rent
$31.1K $21.00/SF
− Vacancy
−$3.7K −$2.52/SF
EGI
$27.4K $18.48/SF
− OpEx
−$10.3K −$6.93/SF
NOI
$17.1K $11.55/SF
Area
Ocean County, NJ
Vacancy
12.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,580
Cap Rate 7%
$244,700
Cap Rate 9%
$190,322
Alternative Uses
Best Use
Mixed Use
$244.7K
$214.1K – $285.5K
NOI $17,129 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$387.2K
$338.8K – $451.8K
NOI $27,107 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
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Business Placement
Demographics for 08092, NJ
3,596
Population
1,475
Households
2.4
Avg Household Size
44
Median Age
36%
College-Educated
96%
High-School Grad
22.9 sq mi
ZIP Area
157
Density / Sq Mi
$97,058
Median Household Income
$57,931
Median Earnings
$1,408
Median Rent
$473,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The parcel includes a residence, horse stable, fenced grounds, and off-street parking.
Where is this mixed-use property located?
The property is located at 497 Main Street West Creek, NJ.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: 2.91‑acre parcel with a 1,483‑square‑foot residence and horse stable; C‑2 designation; district uses listed include residential, agricultural, retail, office, and food‑service activities; 1936‑built residence with two bathrooms, a basement, tile flooring, and a fireplace
