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    Furnished Office Building Title is generated by Realmo AI

    506 Hooper Avenue, Toms River, NJ 08753

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    Claim this Listing
    For Sale
    $849,900

    COMMERCIAL - Toms River, NJ

    Property size:
    4,125 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $206/SF
    Added:
    Mar 30, 2026
    Days on Market:
    101
    Last Refresh:
    Jul 8 at 8:06 pm

    Property Features for 506 Hooper Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement
    Parking
    13
    Parking features
    Off Street
    Security features
    Security System
    Exterior features
    Lighting
    Basement
    Partially Finished
    Standard status
    Active
    APN
    08-00654-01-00019
    Size
    4,125 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    11294

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    3
    Flooring type
    Tile, Wood
    Building materials
    Brick

    We can help!

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    Joseph DeYonker

    Listing agent Joseph DeYonker

    Listing office Better Homes and Gardens Real Estate Murphy & Co 255 Route 9, Red Bank, NJ

    Listing date Mar 30, 2026

    MLS# 22608505

    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 near downtown and the courthouse with easy access to Route 37 and the Garden State Parkway.
    • Ample off‑street parking and strong visibility.
    • Furnished office with quality furniture (with limited exclusions).
    • Central air conditioning and forced air heating.
    • Brick construction.
    • Tile and wood flooring.

    Overview

    This offering is a furnished office building featuring quality furniture and a well-appointed workspace, presented as turnkey for professional use, with limited exclusions. The property totals 4,125 square feet and sits on a 0.25-acre lot.

    According to the listing, the location provides ample parking and strong visibility, with convenient proximity to downtown and the courthouse. Access is described as easy via Route 37 and the Garden State Parkway.

    For tenants, buyers, or operators looking for an office environment that can be put to work quickly, the furnished setup and designed workspace can help reduce initial outfitting time. The space is also positioned for a range of professional uses, with any exclusions to be confirmed as part of due diligence.

    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 $123.8k $30.00
    − Vacancy −$39.6k −$9.60
    EGI $84.2k $20.40
    − OpEx −$21.0k −$5.10
    NOI $63.1k $15.30
    4,125 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $901.6K
    $788.9K – $1.05M (±1% cap)
    NOI $63,113 @ 7.0% cap · market cap 7.43%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.08M
    $942.5K – $1.26M (±1% cap)
    NOI $75,398 @ 7.0% cap · market cap 8.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Barton Elizabeth L Physician Dasti, McGuckin, McNichols, ... Law Firm Trustan Nola Law Firm

    Suggested Use

    (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Nail Salon (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store Furniture & Home Goods Garden Center Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Toms River
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.190802
    Latitude
    39.959341

    FAQs

    What type of property is this?
    Office building - Turnkey furnished office setup with ample parking for professional services near Toms River access routes.
    Where is this office building located?
    The property is located at 506 Hooper Avenue Toms River, NJ.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: Prime location near downtown and the courthouse with easy access to Route 37 and the Garden State Parkway.; Ample off‑street parking and strong visibility.; Furnished office with quality furniture (with limited exclusions).
    More about this property
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