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Financial
Distress signals
Property profile

3 Paragon Way Freehold, NJ 07728

FOR LEASE
Office buildings
Property ID
US59-3014869
64,383 SF 5.85 ac lot Built 1990
Last sale Nov 2016 · $4,340,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
3 Paragon Way, Freehold, NJ 07728 For Lease
$8,780,000 31,709 SF available
3 Paragon Way, Freehold, NJ 07728
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Property summary

AI-generated overview

This premier Class A office building, the Monmouth Executive Center, located at 3 Paragon Way in Freehold, NJ 07728, offers exceptional office space for lease. Situated on 5.8 acres, this single-story, 67,518 square foot building underwent extensive renovations in 2016. The property is ideally suited for both traditional office and medical office uses. Multiple tenancy options are available, with a minimum divisible space of 3,544 square feet and a maximum contiguous space of 13,526 square…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$116k
Tax billed · 2022
Assessed value · 2023$6.08M
Assessed land$2.63M
Assessed improvement$3.44M
Effective rate1.90%

Value estimate

· Oct 2026
$8.78M
$7.90M – $9.66M
Submarket $/SF estimate$9.19M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$181/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$143 – $209

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LI-3
JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.2
Restaurant15.4
Dental Office14.6

Location

3 Paragon Way Freehold, NJ 07728
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11 Mclean, Freehold, NJ 07728-2132 $600,000 Dec 2025 1,676 SF
178 Ss, Freehold, NJ 07728-2676 $243,645 May 2024 4,608 SF
400 Broadway, Freehold, NJ 07728-1494 $2,350,000 Jan 2023 36,336 SF
224 Ss, Freehold, NJ 07728-2619 $300,000 May 2022 2,362 SF
82 Helen, Freehold, NJ 07728-2623 $405,000 Nov 2018 1,440 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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