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Route 37 East Investment Opportunity

25 Route 37 E Toms River, NJ 08753

25 Route 37 E, Toms River, NJ, 08753
$2,350,000
For Sale
Claim this Listing
$2,350,000

COMMERCIAL - Toms River, NJ

Property Size9,954 SF
Lot Size0.40 Acres
Price / SF$236.09
AddedFeb 12
Days on Market154
Last RefreshJul 16 at 9:06 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

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

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.


Investment Insights

Based on property information with market context.

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.

Key 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.

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 (±1% cap)
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 (±1% cap)
NOI $181,943 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Grocery & Convenience Store Catering Service Pet Store Wine and Liquor Store Pet Store & Service

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

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.
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