Three-Level Office/Professional
122 Lien Street Unit 122 Toms River, NJ 08753
122 Lien Street Unit 122, Toms River, NJ, 08753
$1,195,000
For Sale
$1,195,000
Three-level office building with approximately 27 on-site parking spaces and VB zoning for flexible professional, medical, or retail use.
Property Size6,708 SF
Lot Size0.87 Acres
Price / SF$178.15
Days on Market60
Property Features for 122 Lien Street Unit 122
General Information
- Standard status
- Active
- Size
- 6,708 SF
- Lot size
- 0.87 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1900
Listing Agency
(732) 797-9001
Listed by
Keller Williams Shore Properties
(732) 797-9001
Source
Xome
Added: May 20 Checked: Jul 16 at 6:57 am
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/professional building offers approximately 5,428 SF and is currently owner occupied, with delivery planned as vacant. The site sits on an approximately 0.87-acre lot and includes approximately 27 on-site parking spaces, supporting convenient customer and employee access.
Located in Downtown Toms River, just off Main Street, the property is positioned for visibility and convenient access to nearby municipal buildings, shops, restaurants, and major highways. The Village Business (VB) zoning provides flexibility for professional, medical, retail, or mixed-use applications.
For tenants, owner-users, and investors, the combination of a multi-level commercial building and parking capacity can simplify everyday operations, whether the space is used for professional offices, medical practice, retail, or a blended concept. The generous lot also provides room to consider future expansion or redevelopment, subject to applicable approvals.
Located in Downtown Toms River, just off Main Street, the property is positioned for visibility and convenient access to nearby municipal buildings, shops, restaurants, and major highways. The Village Business (VB) zoning provides flexibility for professional, medical, retail, or mixed-use applications.
For tenants, owner-users, and investors, the combination of a multi-level commercial building and parking capacity can simplify everyday operations, whether the space is used for professional offices, medical practice, retail, or a blended concept. The generous lot also provides room to consider future expansion or redevelopment, subject to applicable approvals.
Key Highlights
- Approx. 5,428 SF three‑level office/professional building
- Zoned VB (Village Business) for flexible professional, medical, retail, or mixed‑use applications
- On‑site parking for 27 vehicles
Local 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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Debra Hill
Counselor
Bright Harbor Healthcare
Physician
Christina Farrell
Foster Care Service
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Three-level office building with approximately 27 on-site parking spaces and VB zoning for flexible professional, medical, or retail use.
Where is this office building located?
The property is located at 122 Lien Street Unit 122 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: Approx. 5,428 SF three‑level office/professional building; Zoned VB (Village Business) for flexible professional, medical, retail, or mixed‑use applications; On‑site parking for 27 vehicles
