Two-Level Professional Office Building

929 Lacey Road Forked River, NJ 08731

Claim this Listing
New
For Sale
$549,000

COMMERCIAL - Forked River, NJ

Property size:
2,144 SF
Lot size:
0.22 Acres
Price / SF:
$256/SF
Added:
Jul 6, 2026
Days on Market:
5
Last Refresh:
Jul 10 at 11:06 pm

Property Features for 929 Lacey Road

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Open
Standard status
Active
APN
13-01568-0000-00001
Size
2,144 SF
Lot size
0.22 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
10636

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1965
Floors in Building
2

Listing agent Alan Seeland License #9591828

Listing office RE/MAX at Barnegat Bay 1717 Route 37 E, Whiting, NJ

Listing date Jul 6, 2026

MLS# 22620524

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.

This property offers a well-appointed upper floor professional office space along with a separate lower level office. The lower level can be rented independently or utilized by a single occupant to accommodate a flexible office configuration. Currently, the space is occupied as a professional financial services office, supported by dedicated interior areas for each level.

The building is located on busy Lacey Road, with Garden State Parkway access approximately 3/10 of a mile away. The property provides a highly visible location with signage, and offers ample on-site parking for clients and staff. An entrance from a side street supports straightforward arrival and access.

For office tenants or owner-users, the two-level layout can support different teams or allow one organization to consolidate space depending on how they plan to operate. The existing professional office finish and the separate lower-level suite provide a practical option for those seeking flexibility, whether for leasing part of the space or operating across both levels.

Key Highlights

  • 3/10 mile from Garden State Parkway access on busy Lacey Rd
  • Upper floor professional office space with a separate lower level office that can be rented or used by a single occupant
  • Currently occupied as a professional financial services office

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $64.3k $30.00
− Vacancy −$20.6k −$9.60
EGI $43.7k $20.40
− OpEx −$10.9k −$5.10
NOI $32.8k $15.30
2,144 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$468.6K
$410.0K – $546.7K (±1% cap)
NOI $32,803 @ 7.0% cap · market cap 5.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$559.8K
$489.9K – $653.2K (±1% cap)
NOI $39,189 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop HVAC Service Furniture & Home Goods Hotel & Motel (Bike/Boat/Book/etc) Store Electrical Service Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Well-appointed upper office space with a separate lower-level office and ample on-site parking for flexible tenant use.
Where is this office units located?
The property is located at 929 Lacey Road Forked River, NJ.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 3/10 mile from Garden State Parkway access on busy Lacey Rd; Upper floor professional office space with a separate lower level office that can be rented or used by a single occupant; Currently occupied as a professional financial services office
Contact an agent
More about this property
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