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Warehouse with Heated Cement Floor
For Sale
$599,900
Pending

575 Wyckoff Mills Road, Howell, NJ 07731

Commercial Sale, Howell, NJ

Property Size2,400 SF
Lot Size1.80 Acres
Days on Market173

Property Features for 575 Wyckoff Mills Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Off Street, Parking Lot
Lot features Level, Cleared
Directions Rt 9 to Adelphia tight onto wyckoff or strickland left on wyckoff
Subdivision Adelphia
Standard status Pending
APN 21-00142-0000-00006
Size 1,392 SF
Lot size 1.80 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8582

Utilities

Heating system Baseboard, Oil
Water source Public, Well

Building Details

Year built 1900
Floors in Building 2
Building materials Shingle Siding
Roof type Shingle
Listing Agency: VRI Homes
Listed By: Lawrence Vecchio · License #7871741
Added: Apr 28 Changed: Oct 17 Last Checked: Oct 17 at 3:06AM
MLS# 22611970

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.

This warehouse property features a multi-use layout that includes a two-bedroom, one-bath home and a 40-by-60 (2,400 SF) building with a heated cement floor. The warehouse is supported by oil heat and baseboard heating, and the property is finished with shingle siding and a shingle roof.

Set on 1.8 acres, the property includes off-street parking with a parking lot. Water service includes both public and well. The site is positioned near major transportation for convenient business operations.

Built in 1900, the property offers a practical combination of office/living space and a heated warehouse suited to day-to-day work storage and operations.

Key Highlights

  • 40‑by‑60 (2,400 SF) warehouse building with heated cement floor
  • Includes two‑bedroom, one‑bath home
  • 1.8‑acre lot with off‑street parking and parking lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,406
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,120 $428.1K
Cap Rate 7%
$305,800 $305.8K
Cap Rate 9%
$237,844 $237.8K
Market Conditions
NOI Build-Up for 1,392 SF
Gross rent
$41.8K $30.00/SF
− Vacancy
−$2.8K −$2.04/SF
EGI
$38.9K $27.96/SF
− OpEx
−$17.5K −$12.58/SF
NOI
$21.4K $15.38/SF
Area
Monmouth County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$428,120
Cap Rate 7%
$305,800
Cap Rate 9%
$237,844

Alternative Uses

Best Use
Apartment 5plus
$305.8K
$267.6K – $356.8K (±1% cap)
NOI $21,406 @ 7.0% cap · market cap 3.57%
Second Best
Warehouse
$231.5K
$202.5K – $270.1K (±1% cap)
NOI $16,203 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$363.5K
$318.1K – $424.1K (±1% cap)
NOI $25,444 @ 7.0% cap · market cap 4.24%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Single family properties

Location Intelligence

Trade Area within ½ mile

292
Businesses Nearby
Under-served
Demand for This Use

Demographics for 07731, NJ

39,677
Population
14,102
Households
2.8
Avg Household Size
40
Median Age
42%
College-Educated
94%
High-School Grad
31.8 sq mi
ZIP Area
1,248
Density / Sq Mi
$130,064
Median Household Income
$57,228
Median Earnings
$2,619
Median Rent
$454,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Similar Off Market Nearby

  • Zac's Storage — 710 Casino Dr, Howell Township, NJ 07731

Frequently Asked Questions

What type of property is this?
Warehouse - Multi-use property on 1.8 acres with a 40-by-60 heated warehouse and on-site parking.
Where is this warehouse located?
The property is located at 575 Wyckoff Mills Road Howell, NJ.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 40‑by‑60 (2,400 SF) warehouse building with heated cement floor; Includes two‑bedroom, one‑bath home; 1.8‑acre lot with off‑street parking and parking lot
More about this property
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