1500 Allaire Ave Ocean, NJ 07712-7603

Property Details for 1500 Allaire Ave

Year built

1988

Construction

BRICK

Lot size

1.74 lot acres

Property size

18,744 SF

Zone code

O140

Property type

Commercial real estate

APN

37 00192-0000-00001

APU

3700192000000001

Description

This exceptional 18,744 square foot Class B medical office building, situated on a generous 1.74-acre lot in desirable Ocean Township, New Jersey, presents a compelling investment opportunity. Constructed in 1988, the property boasts a single, multi-tenant configuration. Currently, there is one suite available for lease, totaling 2,318 square feet, and ready for occupancy on May 1st, 2024. The building's location in Monmouth County, at 1500 Allaire Avenue, zip code 07712, offers convenient access to major transportation routes and a thriving medical community. The building's zoning permits medical use, making it ideal for a variety of healthcare practices. The ample lot size provides ample parking for tenants and visitors. This property represents a rare chance to acquire a well-located, established medical office building with immediate leasing potential in a high-demand market. The existing suite offers a turnkey solution for a medical practice seeking immediate occupancy. The building's size and layout offer flexibility for potential expansion or subdivision, catering to a range of business needs. This is an excellent opportunity for investors seeking a stable, income-producing asset in a strong New Jersey market. The property is conveniently located in Ocean Township, offering easy access to local amenities and a robust patient base.

Location Insight

City

Ocean

County

Monmouth

State

New Jersey

Longitude

-74.0392

Latitude

40.2442

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments