96 Freneau Avenue Unit 96 Matawan, NJ 07747
Office condominium unit offered for sale with flexible workspace suited to professional tenants.
Property Features for 96 Freneau Avenue Unit 96
General Information
- Standard status
- Active
- Size
- 9,540 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1850
Listing office EXP Realty (866) 201-6210
Listing date Mar 18, 2026
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty
Investment Insights
Based on property information with market context.
The asset is located at 96 Freneau Avenue Unit 96 in Matawan, New Jersey. As a condominium-style office component, it is positioned as a discrete unit within the broader office property rather than a standalone building, which can be useful for buyers looking for compartmentalized control.
From a tenant or buyer fit perspective, an office condominium unit is typically most practical for business owners and professional operators seeking an office configuration that aligns with day-to-day client and employee use. It may also appeal to investors or owner-occupants who prefer acquiring an individual office unit within a larger office structure, based on the unit-specific ownership indicated by the condo designation. Please note that additional details such as suite layout, condition, building amenities, and parking are not provided with this listing information.
Key Highlights
- Office condominium unit for sale
- 20 parking spaces on site
- No pool
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 | $286.2k | $30.00 |
| − Vacancy | −$91.6k | −$9.60 |
| EGI | $194.6k | $20.40 |
| − OpEx | −$48.7k | −$5.10 |
| NOI | $146.0k | $15.30 |
