• Red Bank Corporate Center
  • Red Bank Corporate Center
  • +3 images Red Bank Corporate Center
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Red Bank Corporate Center

Off-Market

157 Broad Street, Red Bank, NJ 07701

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  • Property Type Office - General Office
  • Property Size 40,086 Sqft
  • Lot Size 0.62 Acre
  • Parking Spaces Avail. 160
  • Parking Ratio 4.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1928

Location

  • City Red Bank, NJ
  • 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 02 Feb, 1978
  • 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 (Sqft)
View more Red Bank market trends

Tax

  • Property Tax in 2021 $101,717
  • Market Value $4,477,000
  • Assessed Value $4,477,000

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

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