Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    17 Front St Keyport, NJ 07735
    Back to Search
    Property profile & analytics

    17 Front St, Keyport, NJ 07735

    View on Map
    • Retail properties & Spaces
    • 10,800 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Family Dollar / Discount Store

    Property Details for 17 Front St

    Property type
    Retail properties & Spaces

    Description

    This exceptional 10,800-square-foot retail space, currently vacant, presents a unique investment opportunity in the heart of Keyport, New Jersey's bustling business district. Located at 17 W Front St, 07735, this three-story building enjoys high foot traffic and unparalleled visibility. Its prime location offers easy access to major highways and The Garden State Parkway, ensuring excellent accessibility for customers and employees. The property boasts unobstructed harbor views, adding significant appeal and potential for diverse uses beyond its current configuration as a gym. The building's strategic placement within the Keyport Business District guarantees a steady stream of potential clientele. An added advantage is the availability of an adjacent building offering an additional 5,000 square feet of potential expansion space, should the need arise. This presents a rare chance to acquire a substantial commercial property in a thriving New Jersey town with significant growth potential. The property is a single-tenant space, offering flexibility and control to the new owner.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Keyport
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.2029
    Latitude
    40.4377

    Comparable in this City

    • Value Estimation by Request
      1,320 SF

      129 Highway 35

      Retail properties & Spaces
      129 Highway 35, Keyport, NJ 07735
      View Details
    • Value Estimation by Request
      1,320 SF

      129 Nj-35

      Automotive properties
      129 Nj-35, Keyport, NJ 07735
      View Details
    • Value Estimation by Request
      4,700 SF

      47 Tennent Rd

      Medical Office Space
      47 Tennent Rd, Keyport, NJ 07735
      View Details
    • Value Estimation by Request
      2,663 SF

      107 Rte

      Retail properties & Spaces
      107 Rte, Keyport, NJ 07735
      View Details
    • Value Estimation by Request
      2,167 SF

      168 2nd St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING)
      168 2nd St, Keyport, NJ 07735-1849
      View Details
    • Value Estimation by Request
      6,088 SF

      1237 State Rte 36

      CAR WASH
      1237 State Rte 36, Union Beach, NJ 07735-3519
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,640 SF

      Keyport Retail Space Available

      2,640 SF retail space available for sale in Keyport.
      196 Nj-35, Keyport, NJ 07735
      View Details
    • $2,999,999
      1,610 SF

      Waterfront Restaurant/Bar Opportunity

      Waterfront restaurant/bar with liquor license in Keyport, New Jersey.
      522 Amboy Ave, Keyport, NJ 07735
      View Details
    • $500,000

      Established Barbershop on Union Avenue

      Barbershop for sale or lease in high-visibility location.
      610 Union Ave, Union Beach, NJ 07735
      View Details
    • Contact for pricing

      Former 7-Eleven in Keyport, NJ

      2,640 SF building on 0.25 AC available for sale.
      196 Highway 35, Keyport, NJ 07735
      View Details
    • $650,000
      3,787 SF

      Mixed-Use Property in Historic Keyport

      Two buildings with three income-producing units in thriving Keyport.
      78 1St St, Keyport, NJ 07735
      View Details
    • Contact for pricing
      Pending

      Downtown Keyport Mixed-Use Building

      Mixed-use commercial building in downtown Keyport with storefront and apartments.
      43 E Front St, Keyport, NJ 07735
      View Details

    Similar Nearby for Lease

    • New
      $1,950 /Mo
      871 SF

      Mixed-Use Property in Downtown Keyport

      Charming mixed-use property in Keyport's vibrant business district.
      55 E Front St, Keyport, NJ 07735
      View Details
    • Contact for pricing
      5,800 SF

      Waterfront Brick Bank with Deck

      Unique waterfront bank building with high ceilings and new deck.
      25 W Front St, Keyport, NJ 07735
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      107 Rte 35, Keyport, NJ 07735
      View Details
    • Contact for pricing
      900 SF

      Versatile Storefront in Keyport

      Three-room storefront suitable for various businesses, available now.
      78 1St St, Keyport, NJ 07735
      View Details
    • Contact for pricing
      900 SF

      Versatile Commercial Space in Keyport

      Commercial space with storefront windows near waterfront park.
      78 1St St, Keyport, NJ 07735
      View Details
    • $3,231 /Mo
      1,650 SF

      Retail Space with Patio Access

      Wide-open retail/commercial suite with large front glass visibility and rear water-view patio access for flexible business concepts.
      11 W Front St, Keyport, NJ 07735
      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.
    17 Front St
    Keyport, NJ 07735
    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
    17 Front St, Keyport, NJ, 07735
    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!