Office Units with On-Site
New
For Sale
$539,900
934 State Route 36, Leonardo, NJ 07737
Commercial Sale, Leonardo, NJ
Property Size2,106 SF
Lot Size0.34 Acres
Price / SF$256.36
Days on Market5
Property Features for 934 State Route 36
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Office, Single Family, Residential, Professional
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bathroom 3
Parking
13
Parking features
Parking Lot, Off Street, Open
Lot features
Highway Frontage
Directions
Rte 36 Southbound between Leonard and Avenue D
Subdivision
Leonardo
Standard status
Active
APN
32-00436-0000-00003
Size
2,106 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8088
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Building Details
Year built
1968
Floors in Building
2
Listing Agency:
O'Brien Realty, LLC
Listed By:
Bradley Moore
(732) 229-3532
Added: Oct 22
Changed: Oct 26
Last Checked: Oct 26 at 11:06PM
MLS# 22633408
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.
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.
This office property at 934 State Route 36 in Leonardo contains 2,106 square feet on a 0.34-acre parcel. Built in 1968, the building has three bathrooms and baseboard heating, with public water and public sewer service. Parking is available in an on-site lot, including open, off-street spaces.
Key Highlights
- 2,106‑square‑foot office property on a 0.34‑acre parcel
- On‑site parking lot with open, off‑street spaces
- Three bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,222
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,440
$644.4K
Cap Rate 7%
$460,314
$460.3K
Cap Rate 9%
$358,022
$358.0K
Market Conditions
NOI Build-Up for 2,106 SF
Gross rent
$63.2K $30.00/SF
− Vacancy
−$20.2K −$9.60/SF
EGI
$43.0K $20.40/SF
− OpEx
−$10.7K −$5.10/SF
NOI
$32.2K $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%
$644,440
Cap Rate 7%
$460,314
Cap Rate 9%
$358,022
Alternative Uses
Best Use
Office B
$460.3K
$402.8K – $537.0K
NOI $32,222 @ 7.0% cap · market cap 5.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$549.9K
$481.2K – $641.6K
NOI $38,494 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Explore this area
Business Placement
Demographics for 07737, NJ
4,177
Population
1,615
Households
2.6
Avg Household Size
44
Median Age
51%
College-Educated
99%
High-School Grad
2.6 sq mi
ZIP Area
1,607
Density / Sq Mi
$134,818
Median Household Income
$68,254
Median Earnings
$1,439
Median Rent
$468,500
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 unit - The property includes three bathrooms, baseboard heating, and public water and sewer service.
Where is this office unit located?
The property is located at 934 State Route 36 Leonardo, NJ.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: 2,106‑square‑foot office property on a 0.34‑acre parcel; On‑site parking lot with open, off‑street spaces; Three bathrooms
