Office Condo Investment
For Sale
$2,650,000
10 Allen Street, Toms River, NJ 08753
COMMERCIAL - Toms River, NJ
Property SizeContact for details
Lot Size0.02 Acres
Days on Market147
Property Features for 10 Allen Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Office, Professional
Parking features
Parking Lot
Directions
Lakehurst Rd to 527 to Horner to 10 Allen.
Subdivision
Toms River
Standard status
Active
APN
08-00664-0000-00008-0000-C0113
Lot size
0.02 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
15408
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Hot Water(Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1986
Floors in Building
4
Listing Agency:
Crossroads Realty, Inc.
(732) 244-4900
Listed By:
Yanay Scheff
(732) 244-4900
Added: Mar 29
Changed: Aug 4
Last Checked: Aug 22 at 11:06AM
MLS# 22608063
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.
Five office condos are being offered representing approximately 41% ownership of the building, positioned as an office investment property. The arrangement is described as NNN leases with tenants in home health services, mental health counseling, and insurance, aiming to support predictable, low-management landlord involvement.
The property is built in 1986 and features forced air and hot water heating, with central air cooling. It includes on-site parking lot use and is served by public water and public sewer.
The offering is framed as a 1031 exchange fit, with a reported 6.5% cap rate. The remaining component of the exchange strategy and any further upside is presented as value-add through potential rent growth and appreciation.
The property is built in 1986 and features forced air and hot water heating, with central air cooling. It includes on-site parking lot use and is served by public water and public sewer.
The offering is framed as a 1031 exchange fit, with a reported 6.5% cap rate. The remaining component of the exchange strategy and any further upside is presented as value-add through potential rent growth and appreciation.
Key Highlights
- Five office condos representing approximately 41% ownership of the building
- NNN lease structure with tenants in home health services, mental health counseling, and insurance
- Central air cooling with forced air and hot water heating
Property Analytics
Property Profile
Current Use
Lease Details
5
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,561
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Five office condos with NNN leases, central air, and on-site parking lot, built in 1986 on a small 0.02-acre parcel.
Where is this office units located?
The property is located at 10 Allen Street Toms River, NJ.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Five office condos representing approximately 41% ownership of the building; NNN lease structure with tenants in home health services, mental health counseling, and insurance; Central air cooling with forced air and hot water heating
