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$1,300,000
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Property 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.
Full Property Details
Full Property Details for 470 State Route 79
General
- Sold For: $1,300,000
- Taxes: $26,857 (2024)
- Status: Closed
- Type: Office
- Source: Monmouth
- MLS ID: 22503447
- Added to Site: 383 day(s) ago
Business
- Business Type: Medical, Professional Service, Professional/Office
Parking
- Parking Features: Off-Street, On-Site Parking, Paver Block
Location
- Area: Marlboro (MAR)
- Municipality: Marlboro (MAR)
- County: Monmouth
Heating & Cooling
- Heating Type: Baseboard
Utilities
- Gas: No Gas
- Dist. to Gas: No Gas
- Sewer: Public Sewer
- Water: Public
Structural Information
- Square Feet: 9,756
- Current Bldg. Use: Medical, Professional Service, Professional/Office
- Year Built: 1970
Lot Features
- Lot Size (Acres): 1.24
- Lot Size (Sq. Ft.): 54,014.4
- Lot Dimensions: 240 x 225
- Zoning: Office, Professional
Financial Considerations
- Price Per Sq. Ft.: $184.5
- Assessment Amount: $1,064,500
- Tax Amount: $26,857
- Tax Year: 2024
- Owner Pays: Water, Taxes, Snow Removal, Sewer, Common Area Maintenance, Insurance, Garbage Removal
- Landlord Pays: Garbage Removal, Insurance, Maintenance, Sewer, Snow Removal, Taxes, Water
Disclosures and Reports
- Documents Avail.: Lease
- Exclusions: Tenant belongings
- Property ID: 30-00124-0000-00006
- Section: Morganville
Listed and Sold by RE/MAX Select, Darren Tietsworth
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Schools
Schools serving 470 State Route 79
School Districts:Marlboro Township School District, Freehold Regional School District
| Name | Grades | Distance |
|---|---|---|
Frank Defino Central Elementary School 175 Route 79 North, Marlboro, NJ 07746 | K-5 | 2.9 mi |
Marlboro Memorial Middle School 71 Nolan Road, Marlboro, NJ 07751 | 6-8 | 0.7 mi |
Marlboro High School 95 North Main Street, Marlboro, NJ 07746 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 470 State Route 79
Date
Details
Price
Change
Source
9/08/2025
Sold
$1,300,000
-27.78%
MLS
2/07/2025
Listed
$1,799,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
470 State Route 79, Morganville, NJ 07751 (MLS# 22503447) is a Office property that was sold at $1,300,000 on September 08, 2025. Want to learn more about 470 State Route 79? Do you have questions about finding other Office real estate for sale in Morganville? You can browse all Morganville real estate or contact a Coldwell Banker agent to request more information.

