Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1433 Hooper Avenue unit 212 Toms River, NJ 08753

    View on Map
    For Lease
    Contact for pricing

    COMMERCIAL - Toms River, NJ

    Type:Office
    Property size:
    116,030 SF
    Lot size:
    13.96 Acres
    Added:
    Jul 16, 2024
    Days on Market:
    625
    Last Refresh:
    Apr 1 at 12:06 pm

    Property Features for 1433 Hooper Avenue unit 212

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Parking
    750
    Parking features
    Open
    Interior features
    Handicapped, Fluorescent
    Exterior features
    Lighting
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    08-00442-59-00040
    Size
    116,030 SF
    Lot size
    13.96 Acres

    Taxes and HOA fees

    TaxYear
    2023
    TaxAnnualAmount
    358253

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    3

    We can help!

    Listing Contact
    Mark Kotzas

    Listing agent Mark Kotzas License #7933305

    Listing office Crossroads Realty Ocean Cty Regional Office 81 E Water Street Suite 1A, Whiting, NJ

    Listing date Jul 16, 2024

    MLS# 22420339

    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.

    Overview

    Class A Office Building

    This Class A office building is situated along the Hooper Avenue corridor in Ocean County. Available spaces range from 540 to approximately 6,800 square feet, with Unit 212 offering 2,730 square feet. The building features an elevator and a parking ratio of 6/1, providing parking for 750 cars. The property encompasses 13.96 acres and the building has a total area of 116,030 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    VitalAxis Inc (Bike/Boat/Book/etc) Store Technology and Management International, ... Business To Business Service TIAA Bank Home ... Financial Advisor Jacquelyne K. White ... Financial Advisor Gerard R. Tischio ... Financial Advisor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Toms River
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.172229
    Latitude
    39.994001

    Nearby Similar for Lease

    • Contact for pricing

      Route 9 Commercial Property

      Commercial property on Route 9 available for lease.
      2023 Lakewood Road, Toms River, NJ 08755
      View Details
    • Contact for pricing

      Toms River Commercial Space

      First floor office space suitable for various businesses.
      2494 Moore Road unit: 2, Toms River, NJ 08753
      View Details
    • Contact for pricing

      Medical Office Condo For Lease

      Turnkey medical office condo in Toms River's 'Medical Lane'.
      1314 Hooper Avenue, Toms River, NJ 08753
      View Details
    • Contact for pricing

      Toms River Professional Office Campus

      Flexible workspace solutions in the heart of Toms River, New Jersey.
      25 Route 37 E, Toms River, NJ 08753
      View Details
    • Contact for pricing

      Medical/Professional Office Condo For Rent

      Well-positioned medical/professional office condo in Toms River, NJ.
      1163 NJ 37 unit: 102, Toms River, NJ 08753
      View Details
    • Contact for pricing

      Toms River Office Space

      Professional office space for lease in Toms River, NJ.
      10 Allen Street unit: 103, Toms River, NJ 08753
      View Details
    • Contact for pricing

      Class A Office Building

      Premier office building in Ocean County with flexible spaces.
      1433 Hooper Avenue unit: 137, Toms River, NJ 08753
      View Details
    • Contact for pricing

      Toms River Mixed-Use Retail Space

      Enclosed retail/office spaces in Holiday City Plaza I Shopping Mall.
      730 Jamaica Boulevard unit: #21, Toms River, NJ 08757
      View Details
    • Contact for pricing

      Toms River Mixed-Use Retail Space

      Enclosed mixed-use building in Holiday City, suitable for various tenants.
      730 Jamaica Boulevard unit: 16-19, Toms River, NJ 08757
      View Details
    • Contact for pricing

      Toms River Mixed-Use Retail Space

      Enclosed mixed-use building in Holiday City, suitable for various tenants.
      730 Jamaica Boulevard unit: #7, Toms River, NJ 08757
      View Details
    • Contact for pricing

      Toms River Mixed-Use Retail Space

      Enclosed mixed-use retail/office building in Holiday City, Toms River, NJ.
      730 Jamaica Boulevard unit: 1-4, Toms River, NJ 08757
      View Details
    • Contact for pricing

      Toms River Mixed-Use Retail

      Enclosed mixed-use retail/office building in a 55+ community.
      730 Jamaica Boulevard unit: #6, Toms River, NJ 08757
      View Details

    FAQs

    What type of property is this?
    Office building - Premier office building in Toms River, large spaces available.
    Where is this office building located?
    The property is located at 1433 Hooper Avenue unit 212 Toms River, NJ.
    What are key features of this property?
    This property features: Premier Class A office building in Ocean County; Large floor plates available, up to 6,800 SF; Unit 212 is 2,730 SF
    (732) 244-4900
    We can help!
    Listing Contact
    Mark Kotzas
    Real Estate License ID: 7933305
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!