Three-Level Office Building with
122 Lien Street Toms River, NJ 08753
For Sale
$1,195,000
Three-level office/professional building on a VB-zoned lot with on-site parking, delivered vacant for owner-user or redevelopment.
Property Size6,708 SF
Lot Size0.87 Acres
Price / SF$178.15
Days on Market99
Property Features for 122 Lien Street
General Information
Standard status
Active
Size
6,708 SF
Lot size
0.87 Acres
Property subtype
Commercial
Building Details
Year Built
1900
Listing Agency:
Keller Williams Shore Properties
Listed By:
Melissa Lotano
(833) 740-1234
Source:
Actionplusrealty
Added: Apr 23
Changed: Jul 29
Last Checked: Jul 29 at 9:43PM
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 Keller Williams Shore Properties
Investment Insights
Based on property information with market context.
Three-level office/professional building on a lot zoned VB (Village Business). The property is currently owner occupied and will be delivered vacant, giving an incoming owner-user immediate flexibility to adapt the space for professional, medical, retail, or mixed-use applications. Built in 1900, the building sits on approximately 0.87 acres and includes approximately 27 on-site parking spaces.
The site is centrally located just off Main Street, with convenient access to municipal buildings, shops, restaurants, and major highways. Its combination of downtown accessibility, substantial on-site parking, and VB zoning supports a range of operating plans.
The generous lot also offers room for future expansion or redevelopment, depending on how an owner wants to approach long-term use.
The site is centrally located just off Main Street, with convenient access to municipal buildings, shops, restaurants, and major highways. Its combination of downtown accessibility, substantial on-site parking, and VB zoning supports a range of operating plans.
The generous lot also offers room for future expansion or redevelopment, depending on how an owner wants to approach long-term use.
Key Highlights
- VB (Village Business) zoning supports professional, medical, retail, or mixed‑use use
- Approximately 27 on‑site parking spaces
- Three‑level office/professional building, currently owner occupied and delivered vacant
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $201.2k | $30.00 |
| − Vacancy | −$64.4k | −$9.60 |
| EGI | $136.8k | $20.40 |
| − OpEx | −$34.2k | −$5.10 |
| NOI | $102.6k | $15.30 |
6,708 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.47M
$1.28M – $1.71M
NOI $102,632 @ 7.0% cap · market cap 8.59%
Second Best
Healthcare Medical
$1.43M
$1.25M – $1.66M
NOI $99,879 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,612 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Three-level office/professional building on a VB-zoned lot with on-site parking, delivered vacant for owner-user or redevelopment.
Where is this office building located?
The property is located at 122 Lien Street Toms River, NJ.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: VB (Village Business) zoning supports professional, medical, retail, or mixed‑use use; Approximately 27 on‑site parking spaces; Three‑level office/professional building, currently owner occupied and delivered vacant
