Dual-Use Flex and Storage
732 STATE ROUTE 57 Unit 0 Stewartsville, NJ 08886
For Sale
$699,900
Detached commercial workspace with a massive bay plus two garage bays for storage-focused uses.
Property Size3,400 SF
Price / SF$205.85
Days on Market67
Property Features for 732 STATE ROUTE 57 Unit 0
General Information
Standard status
Active
Size
3,400 SF
Property subtype
Mixed Use
Building Details
Year Built
1911
Listing Agency:
RE/MAX PREMIER
(908) 566-6990
Listed By:
DAVID BURKE · License #212308
(908) 566-6990
Source:
Xome
Added: May 25
Changed: Jul 10
Last Checked: Jul 29 at 8:34AM
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 RE/MAX PREMIER
Investment Insights
Based on property information with market context.
The property consists of an extraordinary detached structure providing approximately 3,400 sq ft of commercial workspace. The building includes a massive bay along with two additional garage bays, creating a practical layout for serious storage and hands-on work. A deck and an above-ground pool are also included on-site.
The property is designated Zone B1 Dual-Use. It is described as minutes from I-78 and Route 22, with nearby shopping and dining, as well as access to the Pennsylvania border.
This configuration can fit tenants, owners, or operators looking for a flexible commercial setup that supports both workspace and substantial storage within a detached facility. The presence of multiple bay and garage areas makes the property well-suited for contractors, hobbyists, and car enthusiasts needing dedicated room for equipment, vehicles, or related inventory, while the Zone B1 Dual-Use designation may support a range of compatible uses as allowed by local requirements.
The property is designated Zone B1 Dual-Use. It is described as minutes from I-78 and Route 22, with nearby shopping and dining, as well as access to the Pennsylvania border.
This configuration can fit tenants, owners, or operators looking for a flexible commercial setup that supports both workspace and substantial storage within a detached facility. The presence of multiple bay and garage areas makes the property well-suited for contractors, hobbyists, and car enthusiasts needing dedicated room for equipment, vehicles, or related inventory, while the Zone B1 Dual-Use designation may support a range of compatible uses as allowed by local requirements.
Key Highlights
- Detached commercial workspace with approximately 3,400 sq ft and a massive bay plus two additional garage bays for storage‑focused uses
- Zoned Commercial (Zone B1 Dual‑Use)
- 1911‑built structure with slate roof and level .62 AC lot
Financial Insights For Flex RnD
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 | $61.2k | $18.00 |
| − Vacancy | −$5.2k | −$1.53 |
| EGI | $56.0k | $16.47 |
| − OpEx | −$19.6k | −$5.76 |
| NOI | $36.4k | $10.71 |
3,400 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$520.0K
$455.0K – $606.7K
NOI $36,399 @ 7.0% cap · market cap 5.20%
Second Best
Warehouse
$340.7K
$298.1K – $397.5K
NOI $23,851 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$5.11M
$4.47M – $5.96M
NOI $357,359 @ 7.0% cap · market cap 51.06%
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?
Flex space - Detached commercial workspace with a massive bay plus two garage bays for storage-focused uses.
Where is this flex space located?
The property is located at 732 STATE ROUTE 57 Unit 0 Stewartsville, NJ.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Detached commercial workspace with approximately 3,400 sq ft and a massive bay plus two additional garage bays for storage‑focused uses; Zoned Commercial (Zone B1 Dual‑Use); 1911‑built structure with slate roof and level .62 AC lot
