Office Suite with Shared Conference
For Sale
Contact for pricing
10 Allen Street #105, Toms River, NJ 08753
A private interior office includes shared reception, lobby, and waiting areas.
Property Size1,300 SF
Price / SF$0.77
Days on Market60
Property Features for 10 Allen Street #105
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Property Use
Office
Amenities
water views
conference room
reception and waiting area
Building Details
Year Built
1986
Tenancy
Multi
Listing Agency:
C21/ Solid Gold Realty
Listed By:
Ashley Lamb · License #2182659
(732) 920-2100
Source:
Defelicerealtygroup
Added: Sep 3
Changed: Oct 31
Last Checked: Oct 31 at 2:26PM
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 C21/ Solid Gold Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A private interior office is available within a professional suite occupied by an established law firm. Shared spaces include a large conference room, reception and lobby with waiting area, and common areas. The property is 1,300 square feet and was built in 1986.
The office is steps from the Ocean County Courthouse and downtown offices, with water views and access to Route 37 and the Garden State Parkway. Parking includes three designated spaces and a private on-site lot.
The office is steps from the Ocean County Courthouse and downtown offices, with water views and access to Route 37 and the Garden State Parkway. Parking includes three designated spaces and a private on-site lot.
Key Highlights
- Private interior office within a suite shared with an established law firm
- Shared large conference room, reception, lobby, waiting area, and common areas
- 1,300‑square‑foot property built in 1986
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,890
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,800
$397.8K
Cap Rate 7%
$284,143
$284.1K
Cap Rate 9%
$221,000
$221.0K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$39.0K $30.00/SF
− Vacancy
−$12.5K −$9.60/SF
EGI
$26.5K $20.40/SF
− OpEx
−$6.6K −$5.10/SF
NOI
$19.9K $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%
$397,800
Cap Rate 7%
$284,143
Cap Rate 9%
$221,000
Alternative Uses
Best Use
Office B
$284.1K
$248.6K – $331.5K
NOI $19,890 @ 7.0% cap · market cap 1,989.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.5K
$297.0K – $396.0K
NOI $23,762 @ 7.0% cap · market cap 2,376.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,623
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - A private interior office includes shared reception, lobby, and waiting areas.
Where is this office unit located?
The property is located at 10 Allen Street #105 Toms River, NJ.
What are key features of this property?
This property features: Private interior office within a suite shared with an established law firm; Shared large conference room, reception, lobby, waiting area, and common areas; 1,300‑square‑foot property built in 1986
