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    Brick, NJ
    Live - Work Space

    Brick, NJ Live-work Space for Sale

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    Commercially Zoned Historic Colonial
    Updated: May 12, 2025
    Commercially Zoned Historic Colonial

    197 Drum Point Road, Brick, NJ 08723

    $429,000
    1,498 sqft
    Commercially Zoned (B‑2) in a High Visibility Corner Location
    Historic Charm and Rich Original Details like Hardwood Floors and Beam Ceilings
    Oversized Parking Lot with Room for Expansion/Development
    Suitable for Various Uses: Commercial, Professional, Live/Work
    Detached Garage with Attached Workshop (Ideal for Hobbies/Studio)
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    This listing looks promising.

    Here's a quick look at some key insights for

    197 Drum Point Road, Brick, NJ 08723

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    • Est. Cap Rate

      5.3%
      NOI ÷ price

    • Est. NOI

      $23K
      Annual

    • Price @ 7% Cap

      $327K
      Suggested

    • Property Type

      Single Family Residence
      Built 1910
    View Property Analytics
    Leased Live-Work Mixed-Use Property
    Updated: Apr 30
    Leased Live-Work Mixed-Use Property

    437 Adamston Road, Brick, NJ 08723

    $1,550,000
    4,600 sqft 3.58 AC lot
    3.58‑acre mixed‑use property in Brick’s Adamston corridor with secured long‑term lease to a corporate tenant
    10‑year lease commenced February 7, 2023; as of 4/30/2026 it is in Year 4 with ~6 years and 9 months remaining
    Current base rent is $83,997 annually, with scheduled increases; total remaining base rent over the lease term is approx. $610,000+
    Tenant contributes toward taxes, insurance, and operating expenses
    Includes approx. 2,300 SF of commercial space plus an attached residence
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Brick, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Office with Residential Unit
    Mixed-Use Office with Residential Unit

    261 State Route 34, Colts Neck, NJ 07722

    $849,900
    2,884 sqft 0.77 AC lot

    Three-story office configuration with multiple exam/surgery rooms, plus a 1-bedroom apartment on the top floor.

    View details
    Professional Office Suite with Rear Yard
    Professional Office Suite with Rear Yard

    13 Main Street, Bradley Beach, NJ 07720

    $618,000
    760 sqft 0.09 AC lot

    Four-office layout with reception area and a large rear yard, zoned for offices and mixed live-work use.

    View details
    Mixed-Use Medical Office with Apartment
    Mixed-Use Medical Office with Apartment

    261 State Route 34, Colts Neck, NJ 07722

    $849,900
    2,884 sqft

    Office and medical exam layout with an additional 1-bedroom apartment and private outdoor space.

    View details
    Mixed-Use Office Building with Rear Yard
    Mixed-Use Office Building with Rear Yard

    13 Main Street Unit 13, Bradley Beach, NJ 07720

    $618,000
    760 sqft

    Four office suites with a reception area and rear yard, with zoning-supported apartments above for mixed-use flexibility.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Land with Black Horse Frontage
    Prime Land with Black Horse Frontage

    2443 South Black Horse, Williamstown, NJ 08094

    $375,000
    19.00 AC lot

    Approximately 19 acres with frontage on Black Horse Pike.

    View details
    Mixed-Use Property Near Temple
    Mixed-Use Property Near Temple

    1538 W SEYBERT Street, Philadelphia, PA 19121

    $200,000
    0.02 AC lot

    Mixed-use property with business and living space near Temple University.

    View details
    Philadelphia Land Opportunity
    Philadelphia Land Opportunity

    5423 MARKET Street, Philadelphia, PA 19139

    $30,000
    0.02 AC lot

    Two adjacent lots in Philadelphia, PA, for sale.

    View details
    Commercial Land Near Oceola Lake
    Commercial Land Near Oceola Lake

    353 East Main Street, Jefferson Valley, NY 10535

    $295,000

    Commercial land for sale in Jefferson Valley, New York.

    View details

    Brick, NJ Live-Work Space Market Trends and Statistics

    Explore 2 live-work space for sale in Brick, NJ on our real estate platform. These investment opportunities span a total of 6,098 square feet of properties for sale, with an estimated market value of $1,979,000.

    Sale prices for live-work properties in Brick, NJ start at $429,000, averaging $989,500, and reaching up to $1,550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 27
    Office buildings 8
    Medical Office Space 5
    Coworking space 1

    Demographics Overview

    Population 74K
    Population Growth (5Y) -0.6%
    Median Household Income $101,026
    College Educated 43.5%

    High-Yield Neighborhoods for Investment

    Identify Brick submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    08723 $989.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.47%
    Property Tax per SF $40.10 per SF
    Tax Rate vs County Average 0.36 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ocean County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Ocean County

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    Office

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