641 Beach Avenue, Manahawkin, NJ 08050
COMMERCIAL - Manahawkin, NJ
- Added:
- Dec 9, 2024
- Days on Market:
- 570
- Last Refresh:
- Jul 2 at 5:06 am
Property Features for 641 Beach Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Open
- Security features
- Security System
- Standard status
- Active
- APN
- 31-00296-0000-00064
- Size
- 2,332 SF
- Lot size
- 7.47 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8489
Utilities
- Sewer type
- Septic Tank
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Well
Building Details
- Floors in Building
- 1
- Building materials
- Block
Listing agent Richard M Saparito License #0343579 (609) 698-6900
Listing office Van Dyk Group 500 Barnegat Blvd., Suite 300, Manahawkin, NJ (609) 698-6900
Listing date Dec 9, 2024
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.
HighLights
- Licensed Heliport: A rare and valuable asset for luxury transport.
- Strategic Location: Minutes from Long Beach Island (LBI), catering to affluent homeowners.
- Versatile 2,300 SF Block Building: Suitable for a range of businesses.
- Ample Parking: Large parking lot provides convenience.
- Ideal for Luxury Services: Caters to the growing demand for convenience.
- Solid Block Construction: Durable and adaptable building material.
Overview
Located at 641 Beach Avenue in Manahawkin, the site is described as being in a low-traffic area with access to Long Beach Island (LBI). The offering is presented as being minutes from LBI’s communities and popular shore destinations, with major highway access nearby.
For buyers seeking a unique commercial asset, the presence of a licensed heliport distinguishes this property from standard office or retail sites. It may fit aviation support or client transport concepts, as well as specialty business uses that can benefit from off-street parking and a flexible interior footprint. Those looking to operate with a direct helicopter capability, or to build a visitor-focused service model around LBI-bound travelers, will want to evaluate the building layout and the heliport requirements as part of due diligence.
Local 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 | $70.0k | $30.00 |
| − Vacancy | −$22.4k | −$9.60 |
| EGI | $47.6k | $20.40 |
| − OpEx | −$11.9k | −$5.10 |
| NOI | $35.7k | $15.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Manahawkin
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.234169
- Latitude
- 39.699192
