Log In/Sign Up
Your email has been sent.
2504 Highway 35
Manasquan, NJ 08736
Merrill Lynch (Investment Grade Tenant) · Office Property For Sale


Investment Highlights
- Fully leased to Merrill Lynch, a wholly owned subsidiary of Bank of America.
- Prominent Location Along Route 35 with Approximately 25,800 Vehicles Per Day, Providing Outstanding Visibility and Accessibility.
- Surrounded by established retailers, financial institutions, and professional service businesses.
- Situated in Affluent Manasquan, One of Monmouth County's Most Desirable Coastal Communities with Exceptional Demographics
- Two-story office building supported by 68 on-site parking spaces.
Executive Summary
2504 NJ-35 presents an opportunity to acquire a fully leased office investment occupied by Merrill Lynch, a wholly owned subsidiary of Bank of America and one of the most recognized wealth management firms in the United States. Situated on approximately 1.83 acres along Route 35 in the Manasquan and Wall Township market, the property combines institutional tenancy with a highly visible location within one of Monmouth County’s established commercial corridors.
The two-story office building contains approximately 12,000 square feet, plus a 3,000-square-foot basement, and is supported by 68 parking spaces, providing a parking ratio of approximately 5.7 spaces per 1,000 square feet. The site benefits from frontage along Route 35, where traffic counts are reported at approximately 25,800 vehicles per day, enhancing visibility and accessibility for office users and visitors. The surrounding area includes a mix of financial institutions, service providers, and nationally recognized retailers, including Chase Bank, Wawa, McDonald’s, and Ace Hardware.
Regional connectivity is supported by proximity to Route 34, the Garden State Parkway, Route 18, and Interstate 195, providing convenient access throughout Monmouth County, the Jersey Shore region, and major population centers including New York City and Philadelphia. The property is positioned within an affluent coastal market characterized by limited commercial development, established residential neighborhoods, and strong long-term demand fundamentals.
The combination of an investment-grade tenant, established office improvements, significant parking capacity, and a well-located parcel within a supply-constrained market creates a compelling investment opportunity supported by both tenancy and underlying real estate value.
The two-story office building contains approximately 12,000 square feet, plus a 3,000-square-foot basement, and is supported by 68 parking spaces, providing a parking ratio of approximately 5.7 spaces per 1,000 square feet. The site benefits from frontage along Route 35, where traffic counts are reported at approximately 25,800 vehicles per day, enhancing visibility and accessibility for office users and visitors. The surrounding area includes a mix of financial institutions, service providers, and nationally recognized retailers, including Chase Bank, Wawa, McDonald’s, and Ace Hardware.
Regional connectivity is supported by proximity to Route 34, the Garden State Parkway, Route 18, and Interstate 195, providing convenient access throughout Monmouth County, the Jersey Shore region, and major population centers including New York City and Philadelphia. The property is positioned within an affluent coastal market characterized by limited commercial development, established residential neighborhoods, and strong long-term demand fundamentals.
The combination of an investment-grade tenant, established office improvements, significant parking capacity, and a well-located parcel within a supply-constrained market creates a compelling investment opportunity supported by both tenancy and underlying real estate value.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
15,000 SF
Building Class
C
Year Built
1900
Price
$6,707,164 CAD
Price Per SF
$447.14 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
7,500 SF
Slab To Slab
12’
Building FAR
0.19
Lot Size
1.83 AC
Zoning
OP-2
Parking
68 Spaces (4.53 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 52-00337-0000-00033 | Improvements Assessment | $2,797,869 CAD |
| Land Assessment | $1,009,384 CAD | Total Assessment | $3,807,253 CAD |
Property Taxes
Parcel Number
52-00337-0000-00033
Land Assessment
$1,009,384 CAD
Improvements Assessment
$2,797,869 CAD
Total Assessment
$3,807,253 CAD
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
