Three-Level Office
New
For Sale
$1,195,000
122 Lien St, Toms River, NJ 08753
The VB-zoned property includes substantial on-site parking and will be delivered vacant at sale.
Property Size5,428 SF
Lot Size0.87 Acres
Price / SF$220.15
Days on Market2
Property Features for 122 Lien St
General Information
Standard status
Active
Size
5,428 SF
Total Parking Spaces
27
Lot size
0.87 Acres
Zoning
VB
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Year Built
1900
Buildings
1
Stories
3
Tenancy
Single
Owner Occupied
Yes
Listing Agency:
Keller Williams Shore Properties
Listed By:
Melissa Lotano · License #0791348
(732) 797-9001
Source:
Nicolebarryrealestatenj
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 2:41AM
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.
This three-level office and professional building contains 5,428 square feet on a 0.87-acre parcel. Built in 1900, it is currently owner occupied and will be delivered vacant upon sale. The site includes approximately 27 on-site parking spaces.
Zoning is VB (Village Business). The property is just off Main Street in downtown Toms River, near municipal buildings, shops, and restaurants, with access to major highways.
The zoning and existing office configuration support a range of uses identified for the property, including professional, medical, retail, and mixed-use applications.
Zoning is VB (Village Business). The property is just off Main Street in downtown Toms River, near municipal buildings, shops, and restaurants, with access to major highways.
The zoning and existing office configuration support a range of uses identified for the property, including professional, medical, retail, and mixed-use applications.
Key Highlights
- 5,428‑square‑foot, three‑level office building
- 0.87‑acre parcel
- Approximately 27 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,048
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,660,960
$1.7M
Cap Rate 7%
$1,186,400
$1.2M
Cap Rate 9%
$922,756
$922.8K
Market Conditions
NOI Build-Up for 5,428 SF
Gross rent
$162.8K $30.00/SF
− Vacancy
−$52.1K −$9.60/SF
EGI
$110.7K $20.40/SF
− OpEx
−$27.7K −$5.10/SF
NOI
$83.0K $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%
$1,660,960
Cap Rate 7%
$1,186,400
Cap Rate 9%
$922,756
Alternative Uses
Best Use
Office B
$1.19M
$1.04M – $1.38M
NOI $83,048 @ 7.0% cap · market cap 6.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.42M
$1.24M – $1.65M
NOI $99,215 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,659
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 - The VB-zoned property includes substantial on-site parking and will be delivered vacant at sale.
Where is this office building located?
The property is located at 122 Lien St 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: 5,428‑square‑foot, three‑level office building; 0.87‑acre parcel; Approximately 27 on‑site parking spaces
