Retail Space in Apartment
For Sale
Contact for pricing
9 Carr Avenue #102, Keansburg, NJ 07734
Commercial space in a 45-unit rental building can be configured for tenant requirements.
Property Size3,000 SF
Price / SF$0.01
Days on Market38
Property Features for 9 Carr Avenue #102
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Commercial
Building Details
Year Built
2026
Listing Agency:
Sackman Realty
Listed By:
Matthew Warncke · License #1859482
(732) 798-8188
Source:
Defelicerealtygroup
Added: Sep 28
Changed: Nov 3
Last Checked: Nov 4 at 6:41AM
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 Sackman Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Retail space is planned within a 45-unit apartment rental building scheduled for completion in 2026. The commercial area can be divided to accommodate tenant requirements.
The property is in Keansburg, New Jersey, within the Baypoint development.
The property is in Keansburg, New Jersey, within the Baypoint development.
Key Highlights
- Commercial space within a planned 45‑unit apartment rental building
- Commercial area can be divided for tenant requirements
- Building scheduled for completion in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,820
Suggested Prices Based on Cap Rates
Cap Rate 5%
$856,400
$856.4K
Cap Rate 7%
$611,714
$611.7K
Cap Rate 9%
$475,778
$475.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$64.8K $21.60/SF
− Vacancy
−$3.6K −$1.21/SF
EGI
$61.2K $20.39/SF
− OpEx
−$18.4K −$6.12/SF
NOI
$42.8K $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%
$856,400
Cap Rate 7%
$611,714
Cap Rate 9%
$475,778
Alternative Uses
Best Use
Retail
$611.7K
$535.3K – $713.7K
NOI $42,820 @ 7.0% cap · market cap 214,100.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$783.4K
$685.4K – $913.9K
NOI $54,835 @ 7.0% cap · market cap 274,175.00%
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
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
2,494 visits/mo
0.2 miles
Demographics for 07734, NJ
12,772
Population
5,349
Households
2.4
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
1.7 sq mi
ZIP Area
7,513
Density / Sq Mi
$89,073
Median Household Income
$41,228
Median Earnings
$1,638
Median Rent
$310,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial space in a 45-unit rental building can be configured for tenant requirements.
Where is this retail space located?
The property is located at 9 Carr Avenue #102 Keansburg, NJ.
What are key features of this property?
This property features: Commercial space within a planned 45‑unit apartment rental building; Commercial area can be divided for tenant requirements; Building scheduled for completion in 2026
