Three-Story Professional Office
For Sale
$849,900
Pending
12 Robbins Parkway, Toms River, NJ 08753
Commercial Sale, Toms River, NJ
Property Size3,640 SF
Lot Size0.20 Acres
Days on Market142
Property Features for 12 Robbins Parkway
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Office, Professional, Commercial
Rooms
Basement
Parking
10
Parking features
Parking Lot
Interior features
Handicapped
Exterior features
Lighting
Accessibility
Accessible Approach with Ramp
Lot features
Level, Curbing, Fin Road, Corner Lot
Directions
Corner Robbins Parkway and Water Street
Subdivision
Village Of T.R.
Standard status
Pending
APN
08-00669-0000-00047
Size
3,640 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12642
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2007
Floors in Building
3
Roof type
Shingle
Listing Agency:
Daunno Realty Services
Listed By:
Rudolph Daunno · License #677573
(732) 396-3995
Added: May 26
Changed: Oct 8
Last Checked: Oct 14 at 10:06PM
MLS# 22615534
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.
This 3,640-square-foot professional office building rises three stories and was built in 2007. The property is fully leased and has undergone renovation, with modernized interior spaces suited to professional office occupancy. Building features include central air conditioning, forced-air heat, accessible approach with ramp, handicapped-accessible interior features, lighting, a shingle roof, basement space, and an on-site parking lot.
Positioned at a signalized corner in the Village Seaport zone of Historic Downtown Toms River, the property offers direct exposure to passing traffic. Municipal parking is adjacent, while the Ocean County Courthouse, municipal offices, restaurants, and other downtown amenities are within walking distance. Public water and public sewer serve the building.
Positioned at a signalized corner in the Village Seaport zone of Historic Downtown Toms River, the property offers direct exposure to passing traffic. Municipal parking is adjacent, while the Ocean County Courthouse, municipal offices, restaurants, and other downtown amenities are within walking distance. Public water and public sewer serve the building.
Key Highlights
- 3,640‑square‑foot, three‑story office building
- Fully leased professional office property
- Renovated interior spaces; built in 2007
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,692
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,113,840
$1.1M
Cap Rate 7%
$795,600
$795.6K
Cap Rate 9%
$618,800
$618.8K
Market Conditions
NOI Build-Up for 3,640 SF
Gross rent
$109.2K $30.00/SF
− Vacancy
−$34.9K −$9.60/SF
EGI
$74.3K $20.40/SF
− OpEx
−$18.6K −$5.10/SF
NOI
$55.7K $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%
$1,113,840
Cap Rate 7%
$795,600
Cap Rate 9%
$618,800
Alternative Uses
Best Use
Office B
$795.6K
$696.2K – $928.2K
NOI $55,692 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$950.5K
$831.7K – $1.11M
NOI $66,533 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,567
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Renovated professional offices at a signalized corner with municipal parking nearby and public water and sewer service.
Where is this office building located?
The property is located at 12 Robbins Parkway Toms River, NJ.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 3,640‑square‑foot, three‑story office building; Fully leased professional office property; Renovated interior spaces; built in 2007
