Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    77 Throckmorton St Freehold, NJ 07728

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    77 Throckmorton St Freehold, NJ 07728

    View on Map
    • Mixed-use properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 77 Throckmorton St

    Property type
    Mixed-use properties
    Property subtype
    Residential income homes

    Description

    This exceptional Freehold, New Jersey investment opportunity presents a stabilized mixed-use property boasting a 7.01% cap rate and 100% occupancy. The portfolio comprises a 5,600 square foot mixed-use building and three fully leased residential homes. The commercial space features approximately 4,251 square feet of flexible warehouse space, including a drive-in door with a ramp and 11-foot clearance. Additionally, there is approximately 1,600 square feet of newly renovated office space, complete with a kitchenette, three built-out offices, two bathrooms, and HVAC. Basement storage adds another approximately 1,900 square feet of usable space. The residential component includes three separate homes: one with a two-bedroom apartment on the first floor and a two-bedroom apartment on the second

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Freehold
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.2779
    Latitude
    40.2614

    Comparable in this City

    • Value Estimation by Request

      322 Professional Vw Dr

      Multifamily properties
      322 Professional Vw Dr, Freehold Township, NJ 07728
      View Details
    • Value Estimation by Request
      100,714 SF

      245 Willow Brook Rd

      Distribution properties • 100,714 SF
      245 Willow Brook Rd, Freehold, NJ 07728
      View Details
    • Value Estimation by Request

      195 Us Hwy 9th 9

      CONDOMINIUM OFFICES
      195 Us Hwy 9th 9, Freehold, NJ 07728
      View Details
    • Value Estimation by Request
      0.02 Acres

      Hwy 33

      COMMERCIAL (GENERAL) • 0.02 Acres
      Hwy 33, Freehold, NJ 07728
      View Details
    • Value Estimation by Request
      5.00 Acres

      Manalapan Ave

      COMMERCIAL (GENERAL) • 5.00 Acres
      Manalapan Ave, Freehold, NJ 07728
      View Details
    • Value Estimation
      $1,490,000
      7,819 SF

      3320 Us Hwy 9th 9

      COMMERCIAL (GENERAL) • 7,819 SF
      3320 Us Hwy 9th 9, Freehold, NJ 07728-8530
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,652 SF

      Mixed-Use Building with Retail Spaces

      Mixed-use building featuring retail spaces and residential apartments.
      41 E Main St, Freehold, NJ 07728
      View Details
    • $2,300,000
      9,652 SF

      Mixed-Use Property in Freehold, NJ

      Income-producing mixed-use property with retail, office, and residential units.
      41 E Main St, Freehold, NJ 07728
      View Details
    • $1,295,000
      5,546 SF

      Downtown Freehold Multi-Use Commercial Property

      Versatile commercial property in downtown Freehold, ideal for office or restaurant.
      75 South St, Freehold, NJ 07728
      View Details
    • $1,950,000

      Freehold Borough Landmark Property

      Mixed-use property in high demand downtown Freehold Borough.
      34 East Main St, Freehold, NJ 07728
      View Details
    • $1,950,000
      Pending

      Freehold Borough Landmark Property

      Mixed-use property in high-demand Freehold Borough with redevelopment potential.
      34 E Main St, Freehold, NJ 07728
      View Details
    • $999,000
      Pending

      Victorian Triplex Investment Opportunity

      Turn-key, income-producing property near downtown Freehold.
      27 Spring St, Freehold, NJ 07728
      View Details

    Similar Nearby for Lease

    • $22,916
      6,000 SF

      Prime Land with Highway Frontage

      Highly visible land with access from Route 9 and Pond Road.
      4431 Us Highway 9, Freehold, NJ 07728
      View Details
    • Contact for pricing
      141,141 SF

      Freehold Logistics Center For Rent

      Freehold logistics center featuring LED lighting and office space.
      550 Halls Mill Rd, Freehold, NJ 07728
      View Details
    • Contact for pricing
      1,700 SF

      Freehold Retail Space Available

      1700 SF retail space in Freehold, NJ for lease.
      39 Throckmorton St, Freehold, NJ 07728
      View Details
    • $1,100 /Mo

      Professional Office Space For Rent

      Second floor office space with private bathroom available May 2026.
      590 Park Ave, Freehold, NJ 07728
      View Details
    • New
      Contact for pricing

      Freehold Office Space Available

      Professional office space in downtown Freehold, available immediately.
      9 South St, Freehold, NJ 07728
      View Details
    • Contact for pricing

      Retail Space in Freehold, NJ

      Retail space available for rent in Freehold, New Jersey.
      Park Ave, Freehold, NJ 07728
      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.
    77 Throckmorton St
    Freehold, NJ 07728
    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.
    Sign Up Successful!
    You now have access to more from Realmo!