61 Pease RdManalapan Township, NJ 07726

Property Details for 61 Pease Rd

Year built

1960

Lot size

0.44 AC

Property size (Sq ft)

2,640 SF

Property type

Other commercial real estate

APN

28 01505-0000-00039

APU

2801505000000039

Description

This exceptional 3,000 square foot executive office building, situated on a 0.44-acre lot in desirable Manalapan Township, New Jersey (Monmouth County), presents a unique owner-user investment opportunity. The two-story freestanding building, constructed in 1960 and zoned R-20, boasts 17 parking spaces and is currently 50% occupied. The existing tenants, Joffe Family Chiropractic and Ignite Training, LLC, occupy approximately 2,000 square feet of the building, leaving approximately 1,000 square feet of vacant space on the second floor, ideal for an owner-occupier. Located at 61 Pease Road, this property offers convenient access to major employment centers throughout Central and Northern New Jersey, with New York City reachable within an hour by car or train. Its strategic location near Gordons Corner Road and Route 9 provides excellent visibility and accessibility. The asking price for this well-maintained property is $585,000. This presents a compelling opportunity to acquire a valuable asset in a thriving New Jersey market. The property's address is 61 Pease Rd, Manalapan Township, NJ 07726.

• Alternative Use

  Use

  Valuation

  Residential

  $558,386

  Hospitality

  $511,479

  Educational

  $425,544

  Medical

  $440,179

  Retail

  $661,958

Location Insight

City

Manalapan

County

Monmouth

State

New Jersey

Latitude

40.3073

Longitude

-74.322

CBSA code

35620

CBSA name

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

Property Tax & Assessments

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