470 State Route 79, Morganville, NJ 07751

$1,300,000

Property Type: Commercial Square Footage: 9,756 Lot Size (sq. ft.): 54,014 Status: Closed

Current Price: $1,300,000 List Date: 2/07/2025 Last Modified: 9/08/2025

Overview

Description

Located in the heart of Morganville, NJ, this prime 10,000 sq ft commercial property offers exceptional visibility and accessibility along the bustling Route 79 corridor. Situated on a spacious lot with plenty of parking, the property is ideal for a variety of business uses, from retail and office space to service-oriented establishments. It is currently a multiple tenancy building with stable, long-term tenants. The building features a prime location, oversized lot with ample parking and room for development, strong rent roll and much more. Whether you are a cashflow investor or owner-user, this investment opportunity is a must see.

Listing Details MLS# 22503447

Contract Info

Property Sub-Type: Office
Sale: Yes
Lease: No
List Price/SqFt: 184.5
New Construction: No

Location

House Number: 470
Street Name: State Route 79
County: Monmouth
Municipality: Marlboro (MAR)
Postal City: Morganville
State: NJ
Zip Code: 07751
Area/Section: Morganville
Directions: Use GPS. Building is easy to find on Route 79 at the intersection with Tennent Rd.

General Property Info

# Levels: 2
Apx SqFt: 9756
Apx Year Built: 1970
Garage: No
Acreage: 1.24
Lot Dimensions: 240 x 225
# Car Garage: 0

Tax and Legal

Asmnt - Total: 1064500
Taxes: 26857
Tax Year: 2024

Status Change Info

Under Contract Date: 2025-06-23
Sold Date: 2025-09-08

Remarks & Misc

Excluded: Tenant belongings

More Information

Use

Medical: Yes
Professional Service: Yes
Professional/Office: Yes

Zoning

Office: Yes
Professional: Yes

Electric

200 - 400 AMP: Yes

Gas

No Gas: Yes

Water Heater

Electric: Yes

Heating

Baseboard: Yes
Electric: Yes

Water

Public Water: Yes

Sewer

Public Sewer: Yes

Parking

Off Street: Yes
On Site: Yes
Paved: Yes

Assessment Status

Assessed: Yes

Landlord Pays

Garbage Removal: Yes
Insurance: Yes
Maintenance: Yes
Sewer: Yes
Snow Removal: Yes
Taxes: Yes
Water: Yes

Documents Available

Lease: Yes

Property Features

Use: Medical; Professional Service; Professional/Office Heating: Baseboard; Electric Water Heater: Electric Water: Public Water Sewer: Public Sewer Gas: No Gas Electric: 200 - 400 AMP Parking: Off Street; On Site; Paved Zoning: Office; Professional Landlord Pays: Garbage Removal; Insurance; Maintenance; Sewer; Snow Removal; Taxes; Water Assessment Status: Assessed Documents Available: Lease

Listing Office: RE/MAX Select

Listing Agent: Darren Tietsworth

Last Updated: September - 08 - 2025

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.