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    222 Nj-35 Neptune City, NJ 07753

    Sponsored
    For Lease
    $15 SF/Yr ($7,518 /Mo)

    6,015 SF Flex Space, Prime Location

    Lot size:
    6,015 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,015-square-foot flex space in Neptune City, NJ, presents a compelling investment opportunity. Situated on a 0.61-acre lot at 222 NJ-35, this single-tenant building offers a versatile layout ideal for various business needs. Built in 1950 and renovated in 2004, the property boasts a 10'6" ceiling height, 142 feet of frontage, and one drive-in door. The property features a convenient location with easy access to Route 35 and Rutherford Avenue, benefiting from excellent visibility and accessibility. Zoned B-1 Town Commercial, this property is well-suited for a range of businesses. The building is entirely vacant, providing immediate occupancy for a new tenant. Annual property taxes are $1.92 per square foot. The property's strategic location offers seamless access to major highways, industrial corridors, and nearby airports, including the Jersey Shore and Monmouth Executive airports. The surrounding area provides employees with a variety of dining, shopping, and recreational options. Ample parking and outside storage are also available. This property represents a rare opportunity to acquire a well-maintained, strategically located flex space in a thriving New Jersey business hub. The property's features, combined with its prime location, make it an attractive option for businesses seeking a versatile and accessible space. The address is 222 Rt 35 N, Neptune City, NJ 07753, with APN 35-00614-0000-00002.

    Property Features for 222 Nj-35

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,015 SF
    Total Rate
    7518.75

    Building Details

    Year Built/Renovated
    1950/2004
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    6,015 SF
    Rate per SF
    $15

    HighLights

    • Freestanding building.
    • Fenced outside storage area.
    • Excellent signage opportunities.
    • High traffic count: over 18,000 vehicles per day.
    • Exceptional visibility with 142 feet of frontage on Route 35.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Neptune City
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.030048334814
    Latitude
    40.21490495426

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    FAQs

    What type of property is this?
    Flex space - 6,015 SF Flex Space, Prime Location
    Where is this flex space located?
    The property is located at 222 Nj-35 Neptune City, NJ.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Freestanding building.; Fenced outside storage area.; Excellent signage opportunities.
    Request Owner's contact information
    222 Nj-35 Neptune City, NJ 07753
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    Neptune City, NJ 07753
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    222 Nj-35 Neptune City, NJ 07753
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