Three-Story Office
2611 Route 37 Toms River, NJ 08753
2611 Route 37, Toms River, NJ, 08753
$899,000
For Sale
$899,000
COMMERCIAL - Toms River, NJ
Property Size2,240 SF
Lot Size0.23 Acres
Price / SF$401.34
Days on Market15
Property Features for 2611 Route 37
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Rooms
- Basement
- Parking
- 21
- Fencing
- Fenced
- Basement
- Full
- Standard status
- Active
- APN
- 08-00794-03-00005
- Size
- 2,240 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8316
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1988
- Floors in Building
- 2
- Roof type
- Shingle
Listing agency
RE/MAX On the Move Realty
(732) 901-0701
Listed by
Fraidy Kaluszyner · License #1650661
(732) 901-0701
Added: Jul 9 Checked: Jul 23 at 6:06AM
MLS# 22620838
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.
2611 Route 37 is a well-maintained three-story office building designed to support multiple tenants. The first floor has four private office suites and two communal restrooms. The second floor is similarly configured with four private office suites and two communal restrooms. The third floor includes two additional private office suites, and the basement provides extra storage or flexible-use space. Recent updates include new flooring and fresh paint throughout.
The property is located on a highly traveled main road with strong visibility. Ample parking and easy access support day-to-day operations.
With separate suite-level layouts across multiple floors and updated interior finishes, this property can work well for both investors and owner-occupants seeking an income-producing office asset.
The property is located on a highly traveled main road with strong visibility. Ample parking and easy access support day-to-day operations.
With separate suite-level layouts across multiple floors and updated interior finishes, this property can work well for both investors and owner-occupants seeking an income-producing office asset.
Key Highlights
- Three‑story office building at 2611 Route 37 built in 1988 with multiple private office suites on each level
- First floor: four private office suites plus two communal restrooms
- Second floor: four private office suites plus two communal restrooms
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 | $67.2k | $30.00 |
| − Vacancy | −$21.5k | −$9.60 |
| EGI | $45.7k | $20.40 |
| − OpEx | −$11.4k | −$5.10 |
| NOI | $34.3k | $15.30 |
2,240 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$489.6K
$428.4K – $571.2K
NOI $34,272 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$584.9K
$511.8K – $682.4K
NOI $40,944 @ 7.0% cap · market cap 4.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Three-story office building with multiple private suites, communal restrooms, and additional basement storage.
Where is this office building located?
The property is located at 2611 Route 37 Toms River, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Three‑story office building at 2611 Route 37 built in 1988 with multiple private office suites on each level; First floor: four private office suites plus two communal restrooms; Second floor: four private office suites plus two communal restrooms
