County Courthouse Office
For Sale
$2,399,000
206 Court House Lane, Toms River, NJ 08753
COMMERCIAL - Toms River, NJ
Property Size8,280 SF
Lot Size0.09 Acres
Price / SF$289.73
Days on Market266
Property Features for 206 Court House Lane
General Information
Property type
Commercial Sale
Property subtype
Office
Parking features
Parking Lot, Assigned
Directions
GPS
Subdivision
Toms River
Standard status
Active
APN
08-00660-0000-00016
Size
8,280 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
19789
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1953
Floors in Building
2
Listing Agency:
A.W. Van Winkle
(201) 939-0500
Listed By:
Damoun Yashar
(201) 939-0500
Added: Nov 7, 2025
Changed: Jul 9
Last Checked: Jul 31 at 10:06AM
MLS# 22533400
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.
For sale: an office building leased to the County of Ocean and currently used as a courthouse. The property is described as having an absolute net lease structure.
The building is located at 206 Court House Lane in Toms River, NJ, within the Ocean County Courthouse complex and among key municipal offices.
The asset size is listed as 8,280 square feet on a 0.09-acre lot.
The building is located at 206 Court House Lane in Toms River, NJ, within the Ocean County Courthouse complex and among key municipal offices.
The asset size is listed as 8,280 square feet on a 0.09-acre lot.
Key Highlights
- Leased to the County of Ocean and used as a courthouse
- Absolute net lease structure
- Public parking lot with assigned parking
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $248.4k | $30.00 |
| − Vacancy | −$79.5k | −$9.60 |
| EGI | $168.9k | $20.40 |
| − OpEx | −$42.2k | −$5.10 |
| NOI | $126.7k | $15.30 |
8,280 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.81M
$1.58M – $2.11M
NOI $126,684 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.16M
$1.89M – $2.52M
NOI $151,345 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,602
Businesses Nearby
Explore this area
Business Placement
Demographics for 08753, NJ
64,369
Population
27,900
Households
2.3
Avg Household Size
42
Median Age
36%
College-Educated
94%
High-School Grad
23.0 sq mi
ZIP Area
2,799
Density / Sq Mi
$101,648
Median Household Income
$54,291
Median Earnings
$1,742
Median Rent
$377,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building leased to the County of Ocean and used as a courthouse under an absolute net lease structure.
Where is this office building located?
The property is located at 206 Court House Lane Toms River, NJ.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: Leased to the County of Ocean and used as a courthouse; Absolute net lease structure; Public parking lot with assigned parking
