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Victorian Office Building
New
For Sale
$999,000

90 W Main Street, Freehold, NJ 07728

Commercial Sale, Freehold, NJ

Property Size4,298 SF
Lot Size0.26 Acres
Price / SF$232.43
Days on Market2

Property Features for 90 W Main Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Office, Professional
Rooms Basement
Parking 16
Parking features On Street
Basement Finished
Lot features Corner Lot
Directions Rt. 9 to 90 West Main Street
Standard status Active
APN 16-00088-0000-00007
Size 4,298 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 15875

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s), Central Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Flooring type Wood
Roof type Asphalt, Shingle
Listing Agency: Coldwell Banker Realty
Listed By: Robert Weinfeld · License #8933257
Added: Oct 14 Last Checked: Oct 15 at 12:06PM
MLS# 22632475

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.

Built in 1900, this 4,298-square-foot professional office building has Victorian-style architecture and wood flooring. The property includes a basement, window-unit and central air conditioning, and public water and sewer service. It sits on a 0.26-acre parcel and is fully occupied by medical, therapeutic, and business tenants.

At 90 W Main Street in Freehold, the property is near downtown shops, restaurants, banks, and Monmouth County government offices. The available information identifies office and commercial zoning designations without specifying a particular classification.

Key Highlights

  • 4,298‑square‑foot office building on a 0.26‑acre parcel
  • Constructed in 1900 with Victorian‑style architecture and wood flooring
  • Fully occupied by medical, therapeutic, and business tenants

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 (±1% cap)
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 (±1% cap)
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

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Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Parking Lot & Garage Catering Service Bakery Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,508
Businesses Nearby

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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Medical, therapeutic, and business professionals occupy the property.
Where is this office building located?
The property is located at 90 W Main Street 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: 4,298‑square‑foot office building on a 0.26‑acre parcel; Constructed in 1900 with Victorian‑style architecture and wood flooring; Fully occupied by medical, therapeutic, and business tenants
More about this property
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