Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1401 Main St Stafford Township, NJ 08050

    • Office Properties & Spaces
    • 1 SF
    • 25.46 lot acres
    For Sale
    View listing
    $10,000,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 1401 Main St

    Year built
    2006
    Lot size
    25.46 lot acres
    Property size
    1 SF
    Property type
    Office Properties & Spaces

    Description

    Exceptional investment opportunity: a fully accredited and operational cemetery in Stafford Township, NJ (Ocean County, zip 08050), encompassing 25.459 acres and featuring a two-story office building (1 sq ft). The property includes an existing mausoleum built in 2006, with 350 garden-style crypts (50 available) and 60 niches (15 available). A substantial development plan allows for the construction of four large and two smaller mausoleums, along with approximately 14,000 additional grave sites. Currently, approximately 1,900 grave sites exist, with approximately 180 sold. The property boasts a peaceful setting with landscaped grounds and a loop road. The location is advantageous, situated in Ocean County where 22.5% of the population is over 65. This unique offering presents a long-term investment opportunity with significant potential for growth and revenue generation through gradual build-out and the addition of a chapel. The asking price is $10,000,000. The property's non-profit status under NJ cemetery regulations offers unique tax advantages.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Stafford Township
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.2412
    Latitude
    39.7258

    Comparable in this City

    • Value Estimation by Request
      800 SF

      853 Ml Crk Rd Ste, Unit 1

      CONDOMINIUM OFFICES • 800 SF
      853 Ml Crk Rd Ste, Manahawkin, NJ 08050-4562
      View Details
    • Value Estimation by Request
      800 SF

      853 Ml Crk Rd Ste, Unit 11

      CONDOMINIUM OFFICES • 800 SF
      853 Ml Crk Rd Ste, Manahawkin, NJ 08050-4562
      View Details
    • Value Estimation by Request
      864 SF

      24 Nautilus Dr Ste, Unit 4

      CONDOMINIUM OFFICES • 864 SF
      24 Nautilus Dr Ste, Manahawkin, NJ 08050-2490
      View Details
    • Value Estimation by Request
      864 SF

      24 Nautilus Dr Ste, Unit 5

      CONDOMINIUM OFFICES • 864 SF
      24 Nautilus Dr Ste, Manahawkin, NJ 08050-2490
      View Details
    • Value Estimation by Request
      864 SF

      24 Nautilus Dr Ste, Unit 8

      CONDOMINIUM OFFICES • 864 SF
      24 Nautilus Dr Ste, Manahawkin, NJ 08050-2490
      View Details
    • Value Estimation by Request
      800 SF

      853 Ml Crk Rd, Unit 101

      CONDOMINIUM OFFICES • 800 SF
      853 Ml Crk Rd, Manahawkin, NJ 08050-4562
      View Details

    Similar Nearby for Sale

    • $995,000
      2,332 SF

      Manahawkin Office Building w/ Heliport

      Versatile Commercial Space, Ample Storage, Prime Location
      641 Beach Ave, Manahawkin, NJ 08050
      View Details
    • $10,000,000
      1 SF

      Ocean County Cemetery Investment

      NJ Executive Office & Mausoleum
      1401 Main St, Stafford Township, NJ 08050
      View Details
    • Contact for pricing
      1.02 Acres

      Manahawkin Office Space - Route 72

      Prime Office Space, Flexible Lease Options
      325 Route 72, Manahawkin, NJ 08050
      View Details
    • $1,800,000
      10,398 SF

      Manahawkin Office Building on Route 72

      10,000+ SF office building on Route 72 in Manahawkin, NJ.
      675 Route 72 E, Manahawkin, NJ 08050
      View Details
    • $2,100,000

      Flooring Company and Real Estate

      Turn-key flooring business with real estate and valuable inventory.
      905 E Bay Ave, Manahawkin, NJ 08050
      View Details
    • $655,000
      2,080 SF

      Manahawkin Duplex in Beach Haven

      Duplex in ideal location with excellent rental history.
      772 Jane Dr, Manahawkin, NJ 08050
      View Details

    Similar Nearby for Lease

    • $700 /Mo

      Private Office Space Available

      Quiet office space with shared amenities, convenient location.
      1155 B, Manahawkin, NJ 08050
      View Details
    • New
      $675 /Mo

      Manahawkin Office Space For Lease

      Downtown office space with included utilities and common reception area.
      142 E Bay Avenue Unit, Manahawkin, NJ 08050
      View Details
    • Contact for pricing
      10,398 SF

      Manahawkin Office Space on Route 72

      Newly renovated office space in prime commercial location on Route 72.
      675 Route 72, Manahawkin, NJ 08050
      View Details
    • Contact for pricing

      Professional Office Space Available

      Professional office space suitable for medical or other services.
      1160 Beacon Ave, Manahawkin, NJ 08050
      View Details
    • Contact for pricing

      Newly Renovated Office Space Available

      Prime location office space, Route 72, Manahawkin, move-in ready.
      675 Rte 72, Manahawkin, NJ 08050
      View Details
    • Contact for pricing
      4,950 SF

      Prime Retail Space, Manahawkin, NJ

      New Construction Retail - 4,950 SF
      505 Main St, Stafford Township, NJ 08050
      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.
    1401 Main St
    Stafford Township, NJ 08050
    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

    Google sign-in failed. Please try again or use another login method.