Route 37 East Investment
25 Route 37 E, Toms River, NJ 08753
COMMERCIAL - Toms River, NJ
Property size:
9,954 SFLot size:
0.40 AcresPrice / SF:
$236/SF- Added:
- Feb 12, 2026
- Days on Market:
- 109
- Last Refresh:
- Jun 1 at 4:06 am
Property Features for 25 Route 37 E
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 50
- Parking features
- Off Street
- Interior features
- Fluorescent
- Standard status
- Active
- APN
- 08-00611-0000-00020
- Size
- 9,954 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 30392
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1977
- Floors in Building
- 3
- Roof type
- Shingle
Listing agent Mark Kotzas License #7933305 (732) 244-4900
Listing office Crossroads Realty, Inc. 81 E Water Street Suite 1A, Whiting, NJ (732) 244-4900
Listing date Feb 12, 2026
MLS# 22603825
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.
HighLights
- Prime location: Just 1/8 mile from Garden State Parkway (GSP) Exit 82 on Route 37 East.
- Includes approvals for a new 12,000 SF office building.
- Three existing office buildings included in the sale: 5,740 SF, 1,500 SF, and 2,714 SF.
- Total lot size of .832 acres with 296 feet of frontage on Route 37 East.
- Investment property available for the first time in almost 50 years.
- One building (21 Route 37 East) is handicap accessible.
Overview
Available for purchase is an investment property located on Route 37 East, featuring three office buildings and approvals for a new 12,000 square foot building. Situated on 0.832 acres, the property is located approximately 1/8 of a mile from Garden State Parkway exit 82. The main building, located at 25 Route 37, is a two-story structure with 5,740 square feet of space, including private offices, large work areas, and a conference/training room. This building will be delivered vacant and is not handicap accessible. The additional office buildings at 21 Route 37 and 17 Route 37 are currently leased on short-term leases. The building at 21 Route 37 East provides approximately 1,500 square feet of space across two stories, with additional basement storage. The first floor of this building is handicap accessible. The building at 17 Route 37 offers approximately 2,714 square feet of office space with separate entrances for each floor. The total lot size measures 296 x 135 feet, with 296 feet of frontage on Route 37 East. All three properties are being sold as a package.
Local 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 | $298.6k | $30.00 |
| − Vacancy | −$95.6k | −$9.60 |
| EGI | $203.1k | $20.40 |
| − OpEx | −$50.8k | −$5.10 |
| NOI | $152.3k | $15.30 |
9,954 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.18M
$1.90M – $2.54M
NOI $152,296 @ 7.0% cap · market cap 6.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.60M
$2.27M – $3.03M
NOI $181,943 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Toms River
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.197916
- Latitude
- 39.963283
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Three office buildings with approvals for a new 12,000 SF building.
Where is this office building located?
The property is located at 25 Route 37 E Toms River, NJ.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Prime location: Just 1/8 mile from Garden State Parkway (GSP) Exit 82 on Route 37 East.; Includes approvals for a new 12,000 SF office building.; Three existing office buildings included in the sale: 5,740 SF, 1,500 SF, and 2,714 SF.
