Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    405 Main St Manalapan Township, NJ 07726
    Back to Search
    Property profile & analytics

    405 Main St Manalapan Township, NJ 07726

    View on Map
    • Warehouses
    • 2,192 SF
    • 6.66 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 405 Main St

    Lot size
    6.66 lot acres
    Property size
    2,192 SF
    Property type
    Warehouses
    Property subtype
    Land

    Description

    This exceptional 6.6-acre property at 405 Main St, Manalapan Township, NJ 07726, presents a unique investment opportunity. Currently zoned and approved for a 75,000 square foot self-storage facility, this site boasts pre-approved plans for two three-story buildings, featuring interconnected drive aisles and a common parking area. The project includes ADA accessibility and one EV parking space. Located at a busy intersection of Tennet Rd and Main St in Manalapan's business district, this high-traffic location ensures excellent visibility and accessibility. Existing approvals encompass city, county, DEP, and state permits, including a finalized site plan, making construction immediate. The 2,192 square foot existing building on the site is included in the sale price of $2,495,000. The property offers flexibility beyond self-storage

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Manalapan Township
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.3334
    Latitude
    40.2806

    Comparable in this City

    • Value Estimation by Request
      7 SF

      405 Main St

      Distribution properties • 7 SF
      405 Main St, Manalapan Township, NJ 07726
      View Details
    • Value Estimation by Request
      46,000 SF

      55 Us-9

      Distribution properties • 46,000 SF
      55 Us-9, Manalapan Township, NJ 07726
      View Details
    • Value Estimation by Request
      4,000 SF

      92 Hwy

      Distribution properties • 4,000 SF
      92 Hwy, Manalapan Township, NJ 07726
      View Details
    • Value Estimation
      $580,000
      5.00 Acres

      600 Park Ave Ste, Unit 100

      WAREHOUSE, STORAGE • 5.00 Acres
      600 Park Ave Ste, Manalapan, NJ 07726-9371
      View Details
    • Value Estimation by Request
      60,398 SF

      700 Tennent Rd

      Lifestyle centers • 60,398 SF
      700 Tennent Rd, Manalapan Township, NJ 07726
      View Details
    • Value Estimation by Request

      224 Taylors Ml Rd

      Office Spaces
      224 Taylors Ml Rd, Manalapan Township, NJ 07726
      View Details

    Similar Nearby for Sale

    • $2,200,000
      2,192 SF

      Approved Self-Storage Facility Site

      Approved 6.6-acre self-storage facility site ready for construction.
      405 Main St, Manalapan, NJ 07726
      View Details
    • $2,200,000
      2,192 SF

      Approved Self-Storage Facility Site

      Approved 75,000 SF self-storage facility on 6.6 acres.
      405 Main St, Englishtown, NJ 07726
      View Details
    • Contact for pricing
      1,360 SF

      Route 33 Commercial Redevelopment Opportunity

      1.5-acre property with 2,900 SF building and redevelopment potential.
      320 State Route 33, Manalapan, NJ 07726
      View Details
    • $1,699,999

      Manalapan Warehouse with Expansion Potential

      4000 sq ft warehouse on 5.31 acres in Manalapan, NJ.
      92 Hwy 33, Manalapan, NJ 07726
      View Details
    • $1,200,000
      Pending

      Manalapan Commercial Property on Route 33

      1.5-acre property with redevelopment potential and existing 2,900 SF building.
      320 State Route 33, Manalapan, NJ 07726
      View Details
    • $1,699,999
      4,000 SF

      Manalapan Warehouse with Expansion Potential

      4000 sq ft warehouse on 5.31 acres.
      92 Hwy 33, Manalapan, NJ 07726
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,205 SF

      Englishtown Warehouse with Fleet Parking

      Warehouse space with offices and fleet parking for 14+ vehicles.
      25 Main St, Englishtown, NJ 07726
      View Details
    • Contact for pricing
      3,000 SF

      Englishtown Warehouse/Storage Space Available

      3000 SF warehouse/storage space in the heart of Englishtown.
      11 Water St, Englishtown, NJ 07726
      View Details
    • Contact for pricing

      Manalapan Township Commercial Space

      Commercial space available for lease in Manalapan Township.
      700 Tennent Rd, Englishtown, NJ 07726
      View Details
    • Contact for pricing

      Englishtown Land For Rent

      Commercial land available for rent in Englishtown, New Jersey.
      197 Us Highway 9, Englishtown, NJ 07726
      View Details
    • $2,200 /Mo
      21,780 SF

      Renovated Office Building For Rent

      Newly renovated office space in high-traffic Manalapan location.
      711 Tennent Rd, Manalapan, NJ 07726
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      100 Rte 9, Manalapan, NJ 07726
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    405 Main St
    Manalapan Township, NJ 07726
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    405 Main St, Manalapan Township, NJ, 07726
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!