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First-Floor Two-Office Condo

800 The Plaza Sea Girt, NJ 08750

New
800 The Plaza, Sea Girt, NJ, 08750
$545,000
For Sale
$545,000

COMMERCIAL - Sea Girt, NJ

Property Size2,000 SF
Price / SF$272.50
Days on Market2

Property Features for 800 The Plaza

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
On Street, Open, Off Street, Parking Lot, Offsite
Standard status
Active

Utilities

Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public

Building Details

Floors in Building
1
Flooring type
Vinyl
Listing agency Ward Wight Sotheby's International Realty
Listed by Keith W Kernan · License #0560338
Added: Jul 21 Checked: Jul 22 at 4:06PM
MLS# 22622206

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.


Investment Insights

Based on property information with market context.

This first-floor, turn-key two-office office condo unit features an open floor plan with recently updated flooring, two private offices, and a bathroom. The space is offered as a combined unit that can be used together as one suite.

The property is located at 800 The Plaza in Sea Girt, New Jersey. The listing notes ample parking. The combined two-office condo can also be separated into individually deeded units, which are listed separately at approximately 1,000 square feet each.

As presented, the combined offering provides approximately 2,000 square feet of office space and is described as suitable for professional general office use.

Key Highlights

  • First‑floor two‑office condo with an open floor plan, a bathroom, and two private offices
  • Approximately 2,000 SF total combined space; units can be separated and are deeded individually (~1,000 SF each)
  • Recently updated vinyl flooring and central air cooling

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 $60.0k $30.00
− Vacancy −$19.2k −$9.60
EGI $40.8k $20.40
− OpEx −$10.2k −$5.10
NOI $30.6k $15.30
2,000 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$437.1K
$382.5K – $510.0K (±1% cap)
NOI $30,600 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$522.2K
$457.0K – $609.3K (±1% cap)
NOI $36,557 @ 7.0% cap · market cap 6.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Parking Lot & Garage Pharmacy Auto Parts Store Storage Facility Building Supply Bakery Locksmith Daycare Center Home Appliance Store Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Turn-key first-floor office condo with two private offices, a bathroom, open workspace, recently updated flooring, and parking.
Where is this office units located?
The property is located at 800 The Plaza Sea Girt, NJ.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: First‑floor two‑office condo with an open floor plan, a bathroom, and two private offices; Approximately 2,000 SF total combined space; units can be separated and are deeded individually (~1,000 SF each); Recently updated vinyl flooring and central air cooling
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