First-Floor Office
For Sale
Contact for pricing
10 Allen Street #103, Toms River, NJ 08753
Approximately 1,500 square feet of office space is available with flexible leasing options.
Property Size1,500 SF
Price / SF$1.43
Days on Market235
Property Features for 10 Allen Street #103
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Office
Additional Details
Floor
first floor
Property Use
Office
Building Details
Year Built
1986
Listing Agency:
Crossroads Realty, Inc.
Listed By:
Yanay Scheff · License #2563663
(732) 244-4900
Source:
Defelicerealtygroup
Added: Mar 12
Changed: Oct 31
Last Checked: Oct 31 at 3:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crossroads Realty, Inc.
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Investment Insights
Based on property information with market context.
This first-floor office suite at 10 Allen Street, Suite 103, offers approximately 1,500 square feet in a building constructed in 1986. Flexible leasing options are available, and utilities are paid separately.
The property is in Toms River, New Jersey. The address provides a specific location for businesses considering office space in the area.
The property is in Toms River, New Jersey. The address provides a specific location for businesses considering office space in the area.
Key Highlights
- Approximately 1,500 SF of first‑floor office space
- Flexible leasing options
- Building constructed in 1986
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,950
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,000
$459.0K
Cap Rate 7%
$327,857
$327.9K
Cap Rate 9%
$255,000
$255.0K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$45.0K $30.00/SF
− Vacancy
−$14.4K −$9.60/SF
EGI
$30.6K $20.40/SF
− OpEx
−$7.7K −$5.10/SF
NOI
$23.0K $15.30/SF
Area
Ocean County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,000
Cap Rate 7%
$327,857
Cap Rate 9%
$255,000
Alternative Uses
Best Use
Office B
$327.9K
$286.9K – $382.5K
NOI $22,950 @ 7.0% cap · market cap 1,067.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$391.7K
$342.7K – $457.0K
NOI $27,418 @ 7.0% cap · market cap 1,275.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,623
Businesses Nearby
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Business Placement
Demographics for 08753, NJ
64,369
Population
27,900
Households
2.3
Avg Household Size
42
Median Age
36%
College-Educated
94%
High-School Grad
23.0 sq mi
ZIP Area
2,799
Density / Sq Mi
$101,648
Median Household Income
$54,291
Median Earnings
$1,742
Median Rent
$377,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Approximately 1,500 square feet of office space is available with flexible leasing options.
Where is this office unit located?
The property is located at 10 Allen Street #103 Toms River, NJ.
What are key features of this property?
This property features: Approximately 1,500 SF of first‑floor office space; Flexible leasing options; Building constructed in 1986
