Freestanding Office Building with
43 Cedar Grove Road Toms River, NJ 08753
43 Cedar Grove Road, Toms River, NJ, 08753
$599,888
For Sale
$599,888
COMMERCIAL - Toms River, NJ
Property Size1,125 SF
Lot Size0.24 Acres
Price / SF$533.23
Days on Market26
Property Features for 43 Cedar Grove Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 8
- Parking features
- Off Street
- Basement
- Crawl Space
- Standard status
- Active
- APN
- 08-00646-0000-00024
- Size
- 1,125 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4885
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1970
- Roof type
- Shingle
Listing Agency
Del Virginia Realtors
(848) 221-1180
329 Commons Way Building C, Toms River, NJ
Listed by
Gaetana Del Virginia · License #0451829
(848) 221-1180
Added: Jun 23 Checked: Jul 18 at 8:06 pm
MLS# 22619038
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.
This freestanding professional office building totals 1,125 square feet and is situated on a 0.24-acre lot. The property is configured for professional use, with private parking for up to eight vehicles, supporting an efficient, client-friendly arrival experience.
Located in Toms River, the building is described as minutes from Downtown Toms River and only one block from Hooper Avenue and Route 37, providing convenient access for staff and visitors. As an independently situated office asset, it offers a straightforward footprint for an owner-operator or a business looking to establish a dedicated location.
The layout and parking make the space a practical fit for office users, medical-related operations, or boutique business concepts seeking ownership rather than ongoing rent. Because the property is purpose-built for professional occupancy and offers on-site parking, it can support day-to-day business needs with fewer reliance on public parking arrangements.
Located in Toms River, the building is described as minutes from Downtown Toms River and only one block from Hooper Avenue and Route 37, providing convenient access for staff and visitors. As an independently situated office asset, it offers a straightforward footprint for an owner-operator or a business looking to establish a dedicated location.
The layout and parking make the space a practical fit for office users, medical-related operations, or boutique business concepts seeking ownership rather than ongoing rent. Because the property is purpose-built for professional occupancy and offers on-site parking, it can support day-to-day business needs with fewer reliance on public parking arrangements.
Key Highlights
- Freestanding 1,125 SF professional office building
- Private off‑street parking for up to 8 vehicles
- Built in 1970 with central air conditioning
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 | $33.8k | $30.00 |
| − Vacancy | −$10.8k | −$9.60 |
| EGI | $23.0k | $20.40 |
| − OpEx | −$5.7k | −$5.10 |
| NOI | $17.2k | $15.30 |
1,125 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$245.9K
$215.2K – $286.9K
NOI $17,213 @ 7.0% cap · market cap 2.87%
Second Best
Healthcare Medical
$239.3K
$209.4K – $279.2K
NOI $16,751 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$293.8K
$257.0K – $342.7K
NOI $20,563 @ 7.0% cap · market cap 3.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tegeder W Douglas ...
Accounting Firm
Roberts, Bobroff & Tegeder
Accounting Firm
Roberts Joan A
Accounting Firm
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FAQs
What type of property is this?
Office building - Own a 1,125 sq. ft. professional office building with private parking for up to eight vehicles.
Where is this office building located?
The property is located at 43 Cedar Grove Road Toms River, NJ.
What is the asking price?
The asking price for this property is $599,888.
What are key features of this property?
This property features: Freestanding 1,125 SF professional office building; Private off‑street parking for up to 8 vehicles; Built in 1970 with central air conditioning
