Divisible Retail
For Sale
Contact for pricing
9 Carr Avenue #101, Keansburg, NJ 07734
Commercial space is planned within a 45-unit apartment rental building in Keansburg’s Baypoint development.
Property Size6,021 SF
Price / SF$0.00
Days on Market38
Property Features for 9 Carr Avenue #101
General Information
Standard status
Active
Size
6,021 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 6:40AM
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
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Investment Insights
Based on property information with market context.
Planned for 9 Carr Avenue, this retail space is part of a 45-unit luxury apartment rental building scheduled for 2026. The commercial area totals 6,000 SF and may be divided to accommodate different suite configurations. The property record lists a size of 6,021 square feet.
The building is located in the Baypoint development in Keansburg, a seaside community where more than 700 residential units are in development. The landlord is willing to configure the commercial space for tenants, and access to a liquor license is noted.
The building is located in the Baypoint development in Keansburg, a seaside community where more than 700 residential units are in development. The landlord is willing to configure the commercial space for tenants, and access to a liquor license is noted.
Key Highlights
- 6,000 SF of commercial space within a planned 45‑unit apartment rental building
- Commercial area may be divided to suit tenant requirements
- Building scheduled for 2026 in the Baypoint development
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,939
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,718,780
$1.7M
Cap Rate 7%
$1,227,700
$1.2M
Cap Rate 9%
$954,878
$954.9K
Market Conditions
NOI Build-Up for 6,021 SF
Gross rent
$130.1K $21.60/SF
− Vacancy
−$7.3K −$1.21/SF
EGI
$122.8K $20.39/SF
− OpEx
−$36.8K −$6.12/SF
NOI
$85.9K $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%
$1,718,780
Cap Rate 7%
$1,227,700
Cap Rate 9%
$954,878
Alternative Uses
Best Use
Retail
$1.23M
$1.07M – $1.43M
NOI $85,939 @ 7.0% cap · market cap 429,695.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.38M – $1.83M
NOI $110,054 @ 7.0% cap · market cap 550,270.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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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
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial space is planned within a 45-unit apartment rental building in Keansburg’s Baypoint development.
Where is this retail space located?
The property is located at 9 Carr Avenue #101 Keansburg, NJ.
What are key features of this property?
This property features: 6,000 SF of commercial space within a planned 45‑unit apartment rental building; Commercial area may be divided to suit tenant requirements; Building scheduled for 2026 in the Baypoint development
