Listing Agency: Sitar Realty Company Iselin b***@sitarcompany.com Show Phone

Listed By: William Sitar · License #NJ 7867749

Source: Crexi

Added: May 13, 2023 Changed: Aug 8 Last Checked: Jul 15 at 9:05PM

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Investment Insights

Based on property information with market context.

This commercial property is a 10+ acre development site intended for medical, hospital, or office use. It is located in Holmdel, across from Monmouth County's Bayshore Hackensack Meridian Hospital. The site features approximately 950 feet of frontage and full exposure to the Garden State Parkway, offering convenient access to Routes 35 and 36.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Restaurant Law Firm Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

517

Businesses Nearby

Explore this area Business Placement

Demographics for 07733, NJ

17,266

Population

6,318

Households

2.7

Avg Household Size

46

Median Age

67%

College-Educated

97%

High-School Grad

17.8 sq mi

ZIP Area

970

Density / Sq Mi

$175,559

Median Household Income

$100,004

Median Earnings

$3,501

Median Rent

$814,000

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - 10+ acre development site near Bayshore Hackensack Meridian Hospital.

Where is this commercial land located?

The property is located at 694-696 North Beers Street Holmdel, NJ.