Second-Floor Office
For Sale
Contact for pricing
9 Mt Lane 2nd Floor, Manasquan, NJ 08736
Open work area and a private office provide a practical layout for a small professional operation.
Property Size850 SF
Price / SF$0.65
Days on Market84
Property Features for 9 Mt Lane 2nd Floor
General Information
Standard status
Active
Size
850 SF
Property subtype
Office
Space & Availability
Floor
2
Furnished
No
Additional Details
Public Transit
Yes
Property Use
Office
Building Details
Year Built
1912
Listing Agency:
KeyVest LLC
Listed By:
Thomas M Santoro Jr. · License #0016588
(877) 662-7540
Source:
Defelicerealtygroup
Added: Aug 11
Changed: Oct 31
Last Checked: Oct 31 at 2:18PM
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 KeyVest LLC
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Investment Insights
Based on property information with market context.
This second-floor office unit contains 850 square feet, arranged with a large central workspace, one private office, and a half bathroom. The open area can accommodate workstations or collaborative work. The building dates to 1912.
The property is a short walk from the Manasquan Train Station and minutes from downtown Manasquan shopping and dining. Route 35, Route 70, and the Garden State Parkway are identified as nearby transportation corridors.
The space is offered for sale with an NNN lease structure described in the property information. Furniture shown in marketing materials is virtual.
The property is a short walk from the Manasquan Train Station and minutes from downtown Manasquan shopping and dining. Route 35, Route 70, and the Garden State Parkway are identified as nearby transportation corridors.
The space is offered for sale with an NNN lease structure described in the property information. Furniture shown in marketing materials is virtual.
Key Highlights
- 850‑square‑foot second‑floor office unit
- Large central open workspace plus one private office
- Half bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,005
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,100
$260.1K
Cap Rate 7%
$185,786
$185.8K
Cap Rate 9%
$144,500
$144.5K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$25.5K $30.00/SF
− Vacancy
−$8.2K −$9.60/SF
EGI
$17.3K $20.40/SF
− OpEx
−$4.3K −$5.10/SF
NOI
$13.0K $15.30/SF
Area
Monmouth County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,100
Cap Rate 7%
$185,786
Cap Rate 9%
$144,500
Alternative Uses
Best Use
Office B
$185.8K
$162.6K – $216.8K
NOI $13,005 @ 7.0% cap · market cap 2,364.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$222.0K
$194.2K – $259.0K
NOI $15,537 @ 7.0% cap · market cap 2,824.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
934
Businesses Nearby
Explore this area
Business Placement
Demographics for 08736, NJ
12,566
Population
6,155
Households
2
Avg Household Size
49
Median Age
70%
College-Educated
99%
High-School Grad
4.7 sq mi
ZIP Area
2,674
Density / Sq Mi
$170,042
Median Household Income
$72,924
Median Earnings
$1,838
Median Rent
$849,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Open work area and a private office provide a practical layout for a small professional operation.
Where is this office unit located?
The property is located at 9 Mt Lane 2nd Floor Manasquan, NJ.
What are key features of this property?
This property features: 850‑square‑foot second‑floor office unit; Large central open workspace plus one private office; Half bathroom
