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Investment Highlights
- Ideal for User / Investor - Two Professional Office Buildings totaling +- 5,945 SF
- Abundance of Parking - 19 Total Parking Spaces
- Building has a generator
- Fully Renovated in 2023
- Located directly across from the Monmouth County Courthouse.
Executive Summary
BRAND NEW TO THE MARKET!
78 Court Street – Freehold Borough, NJ
Ideal for User / Investor.
Two Professional Office Buildings totaling +- 5,945 SF.
Asking Price: $1,395,000.00
Building 1: Single Story Professional Office Building
• 1st Floor: 1,971 SF
• Finished Basement: 345 SF
• Total SF: 2,316 SF
Building 2: Three-Story Professional Office Building
• 1st Floor: 1,764 SF
• 2nd Floor: 1,063 SF
• 3rd Floor: 384 SF
• Finished Basement: 418 SF
• Total SF: 3,629 SF
Total Lot Size: ~0.55 acres
Year Built: Circa 1900 (historic colonial-style structure. Fully Renovated in 2023.
Zoning: Office/Residential (R-5)
Parking: ~18 spaces plus 1 Handicap
Key Highlights:
• Colonial-style architecture with preserved historic features such as hardwood floors, fireplaces, and an abundance of natural light.
• Constructed circa 1900 - Fully Renovated in 2022.
• Located directly across from the Monmouth County Courthouse.
• Multiple private offices and common areas
• Building has a generator
• Basement for storage/utilities
• Abundance of Parking – 19 total parking spaces.
• Private outdoor courtyard and fenced lot.
• Multiple entry points.
Locational Details:
• Steps from the Monmouth County Courthouse
• Walkable to downtown Main Street dining, retail, and services
• Near major regional draws:
o Freehold Raceway
o Monmouth Battlefield State Park
• Strong commuter access:
o ~40 miles to Manhattan
o ~23 miles to Staten Island
Freehold Borough serves as a central commercial hub in Monmouth County, with a growing population and strong ties to the NYC metro area
Zone: R-5 (Office/Residential)
Permitted Uses May Include:
• Professional offices
• Residential conversion (subject to approvals)
• Mixed-use configurations
Please contact Matt Miller for additional information and to setup a tour.
Cell: 908-770-0686
Email: matt@legacyrealtynj.com
78 Court Street – Freehold Borough, NJ
Ideal for User / Investor.
Two Professional Office Buildings totaling +- 5,945 SF.
Asking Price: $1,395,000.00
Building 1: Single Story Professional Office Building
• 1st Floor: 1,971 SF
• Finished Basement: 345 SF
• Total SF: 2,316 SF
Building 2: Three-Story Professional Office Building
• 1st Floor: 1,764 SF
• 2nd Floor: 1,063 SF
• 3rd Floor: 384 SF
• Finished Basement: 418 SF
• Total SF: 3,629 SF
Total Lot Size: ~0.55 acres
Year Built: Circa 1900 (historic colonial-style structure. Fully Renovated in 2023.
Zoning: Office/Residential (R-5)
Parking: ~18 spaces plus 1 Handicap
Key Highlights:
• Colonial-style architecture with preserved historic features such as hardwood floors, fireplaces, and an abundance of natural light.
• Constructed circa 1900 - Fully Renovated in 2022.
• Located directly across from the Monmouth County Courthouse.
• Multiple private offices and common areas
• Building has a generator
• Basement for storage/utilities
• Abundance of Parking – 19 total parking spaces.
• Private outdoor courtyard and fenced lot.
• Multiple entry points.
Locational Details:
• Steps from the Monmouth County Courthouse
• Walkable to downtown Main Street dining, retail, and services
• Near major regional draws:
o Freehold Raceway
o Monmouth Battlefield State Park
• Strong commuter access:
o ~40 miles to Manhattan
o ~23 miles to Staten Island
Freehold Borough serves as a central commercial hub in Monmouth County, with a growing population and strong ties to the NYC metro area
Zone: R-5 (Office/Residential)
Permitted Uses May Include:
• Professional offices
• Residential conversion (subject to approvals)
• Mixed-use configurations
Please contact Matt Miller for additional information and to setup a tour.
Cell: 908-770-0686
Email: matt@legacyrealtynj.com
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Building Size
5,945 SF
Building Class
B
Year Built/Renovated
1900/2023
Price
$1,919,269 CAD
Price Per SF
$322.84 CAD
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
1,982 SF
Building FAR
0.25
Lot Size
0.55 AC
Zoning
R-5 - Office/Residential
Parking
18 Spaces (3.03 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Fenced Lot
- Storage Space
- Backup Power / Generators
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 16-00037-0000-00003 | Improvements Assessment | $854,659 CAD |
| Land Assessment | $467,091 CAD | Total Assessment | $1,321,750 CAD |
Property Taxes
Parcel Number
16-00037-0000-00003
Land Assessment
$467,091 CAD
Improvements Assessment
$854,659 CAD
Total Assessment
$1,321,750 CAD
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