Dual-Use Flex and Storage
732 STATE ROUTE 57 Unit 0 Stewartsville, NJ 08886
732 STATE ROUTE 57 Unit 0, Stewartsville, NJ, 08886
$699,900
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 Market60
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 Updated: Jul 10 at 1:56PM Checked: Jul 22 at 6:45AM
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
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
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
