End-Unit Medical
New
For Sale
$275,000
1163 New Jersey 37, Toms River, NJ 08753
Commercial Sale, Toms River, NJ
Property Size1,352 SF
Price / SF$203.40
Days on Market1
Property Features for 1163 New Jersey 37
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot, Assigned
Directions
Google
Subdivision
Toms River
Standard status
Active
APN
08-00506-02-00026-0000-C0404
Additional Details
Property Use
Medical Office
Condition
Move-in Ready
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Floors in Building
1
Listing Agency:
One Real Estate Group, LLC
Listed By:
Chaya Klein · License #1649028
(732) 663-9898
Added: Nov 5
Last Checked: Nov 5 at 2:06PM
MLS# 22635003
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,352-square-foot, single-story medical office is configured with three exam rooms, each equipped with a sink. The layout also includes a waiting area, reception and administrative office, private physician office with its own entrance, kitchenette, and two restrooms. The space is an end unit within Toms River Professional Center.
The property is on Route 37, minutes from Community Medical Center and the RWJBarnabas outpatient facility. Parking is available in a lot, with assigned spaces noted. Public water and public sewer serve the property.
The property is on Route 37, minutes from Community Medical Center and the RWJBarnabas outpatient facility. Parking is available in a lot, with assigned spaces noted. Public water and public sewer serve the property.
Key Highlights
- 1,352‑square‑foot end‑unit medical office in Toms River Professional Center
- Three exam rooms, each with a sink
- Private physician office has a separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,686
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,720
$413.7K
Cap Rate 7%
$295,514
$295.5K
Cap Rate 9%
$229,844
$229.8K
Market Conditions
NOI Build-Up for 1,352 SF
Gross rent
$40.6K $30.00/SF
− Vacancy
−$13.0K −$9.60/SF
EGI
$27.6K $20.40/SF
− OpEx
−$6.9K −$5.10/SF
NOI
$20.7K $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%
$413,720
Cap Rate 7%
$295,514
Cap Rate 9%
$229,844
Alternative Uses
Best Use
Office B
$295.5K
$258.6K – $344.8K
NOI $20,686 @ 7.0% cap · market cap 7.52%
Second Best
Healthcare Medical
$287.6K
$251.6K – $335.5K
NOI $20,131 @ 7.0% cap · market cap 7.32%
Theoretical Best
Office A
$353.0K
$308.9K – $411.9K
NOI $24,712 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Vet Supporter — 891-899 NJ-37, Toms River, NJ 08755
Frequently Asked Questions
What type of property is this?
Medical Office Space - Three sink-equipped exam rooms and a separate-entry physician office support an established clinical layout.
Where is this medical office space located?
The property is located at 1163 New Jersey 37 Toms River, NJ.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,352‑square‑foot end‑unit medical office in Toms River Professional Center; Three exam rooms, each with a sink; Private physician office has a separate entrance
