Flex Space with
92 Highway 33, Manalapan, NJ 07726
For Sale
$1,699,999
Commercial Sale, Manalapan, NJ
Property Size4,000 SF
Lot Size5.31 Acres
Price / SF$424
Days on Market550
Property Features for 92 Highway 33
General Information
Property type
Property subtype
Parking features
Directions
Standard status
APN
Lot size
Utilities
Sewer type
Water source
Building Details
Year built
Floors in Building
Listing Agency:
Berkshire Hathaway HomeServices Fox & Roach - Manalapan
Listed By:
Randy B Breitman · License #3608804
(732) 536-1200
Added: May 9, 2025
Changed: Oct 2
Last Checked: Nov 9 at 5:06AM
MLS# 22513598
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.
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Investment Insights
Based on property information with market context.
This flex-space property in Manalapan includes warehouse functionality, dedicated office space, and drive-through capability. The improvements date to 1984, and the site provides paved or surfaced parking for users and visitors. Available site plans include state approvals and reference possible expansion plans, adding documented planning information for future evaluation.
The property encompasses 5.31 acres at 92 Highway 33 in Manalapan, New Jersey. Water service is provided by a well, while wastewater is handled through a septic tank. The combination of warehouse and office areas, drive-through access, and an acreage-based site supports a range of commercial operating requirements within the stated property configuration.
The property encompasses 5.31 acres at 92 Highway 33 in Manalapan, New Jersey. Water service is provided by a well, while wastewater is handled through a septic tank. The combination of warehouse and office areas, drive-through access, and an acreage-based site supports a range of commercial operating requirements within the stated property configuration.
Key Highlights
- 5.31‑acre flex‑space property at 92 Highway 33, Manalapan, NJ 07726
- Warehouse configuration includes office space
- Drive‑through capability
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,612
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,312,240
$1.3M
Cap Rate 7%
$937,314
$937.3K
Cap Rate 9%
$729,022
$729.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$130.1K $32.52/SF
− Vacancy
−$29.1K −$7.28/SF
EGI
$100.9K $25.24/SF
− OpEx
−$35.3K −$8.83/SF
NOI
$65.6K $16.40/SF
Area
Monmouth County, NJ
Vacancy
22.40%
Lease Rate
$32.52 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,312,240
Cap Rate 7%
$937,314
Cap Rate 9%
$729,022
Alternative Uses
Best Use
Flex RnD
$937.3K
$820.2K – $1.09M
NOI $65,612 @ 7.0% cap · market cap 3.86%
Second Best
Warehouse
$665.2K
$582.0K – $776.0K
NOI $46,561 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$1.04M
$913.9K – $1.22M
NOI $73,114 @ 7.0% cap · market cap 4.30%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 07726, NJ
44,945
Population
16,822
Households
2.7
Avg Household Size
45
Median Age
55%
College-Educated
97%
High-School Grad
33.1 sq mi
ZIP Area
1,358
Density / Sq Mi
$145,625
Median Household Income
$75,503
Median Earnings
$1,973
Median Rent
$603,000
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Monmouth County, NJ
Properties on Market for Flex space in Monmouth County
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Cucina Bianchi Personal Chef Service — 78 Millhurst Rd, Manalapan Township, NJ 07726
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse configuration includes office space, paved parking, and drive-through capability on a sizable Manalapan parcel.
Where is this flex space located?
The property is located at 92 Highway 33 Manalapan, NJ.
What is the asking price?
The asking price for this property is $1,699,999.
What are key features of this property?
This property features: 5.31‑acre flex‑space property at 92 Highway 33, Manalapan, NJ 07726; Warehouse configuration includes office space; Drive‑through capability
