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NNN Office Condo Investment

10 Allen Street Toms River, NJ 08753

10 Allen Street, Toms River, NJ, 08753
$2,650,000
For Sale
Claim this Listing
$2,650,000

COMMERCIAL - Toms River, NJ

Lot Size0.02 Acres
AddedMar 29
Days on Market110
Last RefreshJul 16 at 9:06 am

Property Features for 10 Allen Street

General Information

Property type
Commercial Sale
Property subtype
Office
Parking features
Parking Lot
Standard status
Active
APN
08-00664-0000-00008-0000-C0113
Lot size
0.02 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
15408

Utilities

Sewer type
Public Sewer
Heating system
Hot Water(Heating), Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1986
Floors in Building
4

Listing agent Yanay Scheff

Listing office Crossroads Realty, Inc. 81 E Water Street Suite 1A, Whiting, NJ

Listing date Mar 29, 2026

MLS# 22608063

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

The property consists of five office condos representing approximately 41% ownership of the building, offered as a 1031 exchange investment. The leases are described as NNN, and the offering is presented as an institutional-quality office investment. The tenants operate in home health services, mental health counseling, and insurance.

Located at 10 Allen Street in Toms River, New Jersey 08753, the asset is in Ocean County. The specific unit configuration is described through the ownership of five office condos, with the building’s revenue structure tied to the existing NNN lease terms.

This offering is positioned for investors seeking an office asset with NNN lease structures and a tenant mix spanning home health services, mental health counseling, and insurance. The seller also highlights a 6.5% cap rate within the presentation materials. Because the information provided centers on the leased, condo-based ownership interest and NNN framework, it may be a practical fit for buyers looking to acquire a defined share of the building rather than a single owner-occupied space.

Key Highlights

  • 5 office condos representing approximately 41% ownership of the building
  • NNN leases with high‑credit national and regional tenants in home health services, mental health counseling, and insurance
  • 6.5% cap rate stated for this institutional‑quality office investment

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Robert P Lamb ... Law Firm Jean L Cipriani ... Law Firm Gilmore & Monahan, P.A. Law Firm Michelle Nirenberg, LPC Physician Scot King, LPC Marriage Or Relationship Counselor

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Nail Salon (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store Clothing & Fashion Store Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - For sale: 5 office condos representing about 41% ownership, leased on NNN terms for institutional-quality income.
Where is this office units located?
The property is located at 10 Allen Street Toms River, NJ.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 5 office condos representing approximately 41% ownership of the building; NNN leases with high‑credit national and regional tenants in home health services, mental health counseling, and insurance; 6.5% cap rate stated for this institutional‑quality office investment
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