Three-Tenant Storefront
75 Highway 35, Eatontown, NJ 07724
For Sale
New
$1,650,000
Two occupied buildings provide space for three tenants, with access from Route 35 and White Street.
Property Size3,393 SF
Lot Size0.87 Acres
Price / SF$486.30
Days on Market1
Property Features for 75 Highway 35
General Information
Standard status
Size
Total Parking Spaces
Lot size
Zoning
Site & Location
Highway Access
Road Access
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
Crawl Space,Slab
Other
25
1976
true
No
Fenced/Enclosed Area,Highway Frontage,Landscaped
Public
1.08
47
158 x 297
On Site,Parking Lot,Paver Block
Lighting,Outdoor Shower
3393
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Listing Agency:
(201) 204-1334
Listed By:
Jessie Su
Source:
Opuselitenj
Added: Nov 6
Last Checked: Nov 6 at 2:29PM
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 Jessie Su
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Investment Insights
Based on property information with market context.
This storefront property includes two freestanding, tenant-occupied buildings totaling 3,393 SF. The 2,093-SF building and 1,300-SF building accommodate three tenants. On-site improvements include 47 paved parking spaces and three curb cuts, two serving Route 35 and one connecting to White Street. The property is identified for office, retail, research, professional, multi-use, general highway, commercial, and central business zoning categories.
The site fronts Route 35 in Eatontown, about one-half mile south of the Netflix development and one-half mile north of the Monmouth Square redevelopment, formerly Monmouth Mall.
The site fronts Route 35 in Eatontown, about one-half mile south of the Netflix development and one-half mile north of the Monmouth Square redevelopment, formerly Monmouth Mall.
Key Highlights
- Two freestanding buildings total 3,393 SF: 2,093 SF and 1,300 SF
- Three tenants occupy the buildings
- 47 paved on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,429
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$968,580
$968.6K
Cap Rate 7%
$691,843
$691.8K
Cap Rate 9%
$538,100
$538.1K
Market Conditions
NOI Build-Up for 3,393 SF
Gross rent
$73.3K $21.60/SF
− Vacancy
−$4.1K −$1.21/SF
EGI
$69.2K $20.39/SF
− OpEx
−$20.8K −$6.12/SF
NOI
$48.4K $14.27/SF
Area
Monmouth 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%
$968,580
Cap Rate 7%
$691,843
Cap Rate 9%
$538,100
Alternative Uses
Best Use
Retail
$691.8K
$605.4K – $807.2K
NOI $48,429 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$886.0K
$775.2K – $1.03M
NOI $62,019 @ 7.0% cap · market cap 3.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07724, NJ
23,494
Population
10,424
Households
2.3
Avg Household Size
44
Median Age
45%
College-Educated
92%
High-School Grad
12.1 sq mi
ZIP Area
1,942
Density / Sq Mi
$99,170
Median Household Income
$53,234
Median Earnings
$1,640
Median Rent
$487,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Monmouth County, NJ
Properties on Market for Storefront properties in Monmouth County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - Two occupied buildings provide space for three tenants, with access from Route 35 and White Street.
Where is this storefront property located?
The property is located at 75 Highway 35 Eatontown, NJ.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Two freestanding buildings total 3,393 SF: 2,093 SF and 1,300 SF; Three tenants occupy the buildings; 47 paved on‑site parking spaces
