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    The Largest CRE Database in the US with Over 1 Million Listings

    730 Jamaica Blvd, Unit 21 Toms River, NJ 08757

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Toms River, NJ

    Lot size:
    6.35 Acres
    Days on Market:
    30
    Last Refresh:
    Feb 6 at 6:06 am

    Property Features for 730 Jamaica Blvd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    06-00004-146-00001-01
    Parking
    200
    Parking features
    Open
    Interior features
    Handicapped, Fluorescent
    Exterior features
    Lighting
    Accessibility
    Accessible Approach with Ramp
    Lot size
    6.35 Acres

    Utilities

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

    Building Details

    Year built
    1984
    Floors in Building
    1
    Building materials
    Block, Brick, Stucco
    Roof type
    Flat

    We can help!

    Listing Contact
    Mark Kotzas
    Mark Kotzas

    Crossroads Realty Inc-WH (732) 350-1000

    Listing agent Mark Kotzas (732) 244-4900

    Listing date Jan 8, 2026

    MLS# 22600637

    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.

    Learn more

    Property Insight Report

    Overview

    Toms River Mixed-Use Retail Space

    Holiday City Plaza I Shopping Mall is a mixed-use building featuring both office and retail spaces. It is located within the Holiday City age-restricted 55+ adult communities, serving as a central shopping and service hub for over 14,000 homes in the surrounding area. Available spaces range in size from 1,256 to 7,872 square feet. Units 1, 3, and 4 can be combined to create a larger space totaling 5,262 square feet. The property is suitable for a variety of tenants, including a grocery store, gym/fitness/yoga studio, coffee shop, clothing store, and professionals such as financial planners, senior planners, and insurance providers, as well as other retail or office tenants. The lease structure is NNN, with a lease rate of $16 per square foot, plus $7 per square foot for CAM/RE taxes. Tenants are responsible for their own utilities. The property is located at 730 Jamaica Boulevard unit #21, Toms River, NJ 08757 and the lot size is 6.35 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Balloon pantry.com Party Supply Store Memory Vision & The Photo ... Photography Service Wells Fargo ATM Atm Miss Donna Papaleo Physician Holiday City Plaza Business Service Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    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
    -74.245413
    Latitude
    39.971728

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    FAQs

    What type of property is this?
    Shopping mall - Enclosed retail/office spaces in Holiday City Plaza I Shopping Mall.
    Where is this shopping mall located?
    The property is located at 730 Jamaica Blvd, Unit 21 Toms River, NJ.
    What are key features of this property?
    This property features: - Located in the heart of Holiday City, a large 55+ adult community with over 14,000 homes.; - Multi-tenant mixed-use building suitable for a variety of retail and office tenants.; - Spaces available range from 1,256 to 7,872 square feet.
    (732) 244-4900
    Request Owner's contact information
    730 Jamaica Blvd, Unit 21 Toms River, NJ 08757
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    Toms River, NJ 08757
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    730 Jamaica Blvd, Unit 21 Toms River, NJ 08757
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    We can help!
    Listing Contact
    Mark Kotzas
    Mark Kotzas
    Real Estate License ID: 7800664
    (732) 244-4900
    Learn more
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