Historic Victorian Office
New
For Sale
$999,000
90 W Main St, Freehold, NJ 07728
An established professional-office tenancy includes medical, therapeutic, and business occupants, with dedicated on-site parking.
Property Size4,298 SF
Days on Market1
Property Features for 90 W Main St
General Information
Standard status
Active
Size
4,298 SF
Total Parking Spaces
16
Property subtype
Commercial
Occupancy
100%
Taxes and HOA fees
Annual Taxes
$15,875
Building Details
Building Size
4,298 SF
Year Built
1900
Buildings
1
Stories
2
Construction
Victorian-style
Tenancy
Multi
Listing Agency:
Coldwell Banker Res. Brokerage
Listed By:
Robert Weinfeld · License #8933257
(732) 462-4242
Source:
Elliman
Added: Oct 16
Last Checked: Oct 16 at 2:05PM
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 Coldwell Banker Res. Brokerage
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.
Built in 1900, this Victorian-style office building in Freehold Center is fully occupied. Its tenant roster includes medical, therapeutic, and business professionals, and a dedicated on-site lot provides 16 parking spaces. The property is described as having Office/Commercial zoning designations.
The building is at 90 W Main St in Freehold, near downtown shops, restaurants, banks, and Monmouth County government offices. Its historic architectural character and existing professional-office use define the property.
The building is at 90 W Main St in Freehold, near downtown shops, restaurants, banks, and Monmouth County government offices. Its historic architectural character and existing professional-office use define the property.
Key Highlights
- Fully occupied office building with medical, therapeutic, and business tenants
- 16‑space dedicated on‑site parking lot
- Victorian‑style building constructed in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,759
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,315,180
$1.3M
Cap Rate 7%
$939,414
$939.4K
Cap Rate 9%
$730,656
$730.7K
Market Conditions
NOI Build-Up for 4,298 SF
Gross rent
$128.9K $30.00/SF
− Vacancy
−$41.3K −$9.60/SF
EGI
$87.7K $20.40/SF
− OpEx
−$21.9K −$5.10/SF
NOI
$65.8K $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%
$1,315,180
Cap Rate 7%
$939,414
Cap Rate 9%
$730,656
Alternative Uses
Best Use
Office B
$939.4K
$822.0K – $1.10M
NOI $65,759 @ 7.0% cap · market cap 6.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$982.0K – $1.31M
NOI $78,561 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,309
Businesses Nearby
Explore this area
Business Placement
Demographics for 07728, NJ
56,444
Population
21,150
Households
2.7
Avg Household Size
43
Median Age
46%
College-Educated
92%
High-School Grad
49.6 sq mi
ZIP Area
1,138
Density / Sq Mi
$107,042
Median Household Income
$56,824
Median Earnings
$1,941
Median Rent
$490,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - An established professional-office tenancy includes medical, therapeutic, and business occupants, with dedicated on-site parking.
Where is this office building located?
The property is located at 90 W Main St Freehold, NJ.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Fully occupied office building with medical, therapeutic, and business tenants; 16‑space dedicated on‑site parking lot; Victorian‑style building constructed in 1900
