Retail Space Near Beach
For Sale
$799,000
5-410 Se Central Ave, Seaside Park, NJ 08752
Permitted retail and office uses sit among local businesses in a coastal commercial district.
Property Size2,091 SF
Price / SF$382.11
Days on Market12
Property Features for 5-410 Se Central Ave
General Information
Standard status
Active
Size
2,091 SF
Zoning
Coastal Business District
Taxes and HOA fees
Annual Taxes
$13,949
Listing Agency:
Keller Williams Shore Properties
Listed By:
Michael H Little · License #9804215
(732) 797-9001
Source:
Exprealty
Added: Oct 15
Changed: Oct 26
Last Checked: Oct 24 at 6:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Shore Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,091-square-foot commercial space is approved for retail and office uses. It is part of an established Coastal Business District with real estate offices, professional services, shops, and dining nearby, creating a mix of commercial activity in the surrounding area.
Ocean Avenue and beach access are approximately one block away. Atlantic beaches, Barnegat Bay, and the boardwalk are also nearby, while the Route 37 Bridge connects the area with Toms River and other Shore communities. The surrounding customer base includes year-round homeowners and seasonal visitors.
Ocean Avenue and beach access are approximately one block away. Atlantic beaches, Barnegat Bay, and the boardwalk are also nearby, while the Route 37 Bridge connects the area with Toms River and other Shore communities. The surrounding customer base includes year-round homeowners and seasonal visitors.
Key Highlights
- 2,091‑square‑foot retail and office space
- Permitted uses include retail and office
- Approximately one block from Ocean Avenue and beach access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,845
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,900
$596.9K
Cap Rate 7%
$426,357
$426.4K
Cap Rate 9%
$331,611
$331.6K
Market Conditions
NOI Build-Up for 2,091 SF
Gross rent
$45.2K $21.60/SF
− Vacancy
−$2.5K −$1.21/SF
EGI
$42.6K $20.39/SF
− OpEx
−$12.8K −$6.12/SF
NOI
$29.8K $14.27/SF
Area
Ocean County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,900
Cap Rate 7%
$426,357
Cap Rate 9%
$331,611
Alternative Uses
Best Use
Retail
$426.4K
$373.1K – $497.4K
NOI $29,845 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$546.0K
$477.8K – $637.0K
NOI $38,220 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
Explore this area
Business Placement
Demographics for 08752, NJ
1,961
Population
4,137
Households
0.5
Avg Household Size
61
Median Age
55%
College-Educated
99%
High-School Grad
4.8 sq mi
ZIP Area
409
Density / Sq Mi
$75,865
Median Household Income
$49,150
Median Earnings
$1,402
Median Rent
$779,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Permitted retail and office uses sit among local businesses in a coastal commercial district.
Where is this retail space located?
The property is located at 5-410 Se Central Ave Seaside Park, NJ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 2,091‑square‑foot retail and office space; Permitted uses include retail and office; Approximately one block from Ocean Avenue and beach access
