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322 State Route 35 South

Off-Market

322 State Route 35 South, Red Bank, NJ 07701

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  • Property Type Office - General Office
  • Property Size 38,317 SF
  • Lot Size 3.13 Acre
  • Parking Spaces Avail. 153
  • Parking Ratio 4.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2007

Location

  • City Red Bank, NJ
  • Neighborhood Fairview
  • Zip Code 07701
  • Market New Jersey

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 11 Mar, 2019
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Red Bank

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Red Bank Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $33.58
  • 2020 Office Vacancy Rate 11.52%
  • 2020 Office Completions (SF)
View more Red Bank market trends

Tax

  • Property Tax in 2021 $133,344
  • Market Value* $6,236,900
  • Assessed Value $6,236,900

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 322 State Route 35 South?

322 State Route 35 South totals 38,317 square feet.

When was this property built?

322 State Route 35 South was built in 2007.

When was 322 State Route 35 South last sold?

322 State Route 35 South was last sold on 11 Mar, 2019.

What is the property tax for 322 State Route 35 South?

The property tax for 322 State Route 35 South in 2021 was $133,344.

What is the market value for 322 State Route 35 South?

The market value* for 322 State Route 35 South in 2021 was $6,236,900.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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