Mixed-Use Property with Medical
For Sale
$1,700,000
1273 Church Rd, Toms River, NJ 08755
Two-story property combining a configured veterinary clinic with a renovated three-bedroom apartment.
Property Size4,860 SF
Price / SF$349.79
Days on Market48
Property Features for 1273 Church Rd
General Information
Standard status
Active
Size
4,860 SF
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Office Units
1
Additional Details
Floor
First Floor
Amenities
private deck
private yard
Building Details
Year Built
1972
Buildings
1
Stories
2
Listing Agency:
Alligator Property Management
Listed By:
Emerson Amador
(908) 289-5108
Source:
Mynewjerseyrealestate
Added: Aug 30
Changed: Sep 14
Last Checked: Oct 7 at 1:56PM
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 Alligator Property Management
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Investment Insights
Based on property information with market context.
This two-story mixed-use property contains 4,860 square feet and was built in 1972. The first floor is configured as a veterinary clinic with a reception area, multiple examination rooms, a private bathroom, and a dedicated yard. The second floor includes a three-bedroom, two-bathroom apartment with renovated bathrooms, an updated kitchen, a private deck, and a separate yard.
The property is located at 1273 Church Rd in Toms River, NJ 08755. Its layout brings commercial and residential components together within one building, offering distinct spaces for the clinic and apartment.
The property is located at 1273 Church Rd in Toms River, NJ 08755. Its layout brings commercial and residential components together within one building, offering distinct spaces for the clinic and apartment.
Key Highlights
- 4,860‑square‑foot mixed‑use property at 1273 Church Rd, Toms River, NJ 08755
- First‑floor veterinary clinic with reception, multiple examination rooms, private bathroom, and dedicated yard
- Second‑floor three‑bedroom, two‑bathroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,737
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,494,740
$1.5M
Cap Rate 7%
$1,067,671
$1.1M
Cap Rate 9%
$830,411
$830.4K
Market Conditions
NOI Build-Up for 4,860 SF
Gross rent
$145.8K $30.00/SF
− Vacancy
−$9.9K −$2.04/SF
EGI
$135.9K $27.96/SF
− OpEx
−$61.1K −$12.58/SF
NOI
$74.7K $15.38/SF
Area
Ocean County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,494,740
Cap Rate 7%
$1,067,671
Cap Rate 9%
$830,411
Alternative Uses
Best Use
Apartment 5plus
$1.07M
$934.2K – $1.25M
NOI $74,737 @ 7.0% cap · market cap 4.40%
Second Best
Office B
$1.06M
$929.5K – $1.24M
NOI $74,358 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,833 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
1
Residential units
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
Explore this area
Business Placement
Demographics for 08755, NJ
28,643
Population
11,318
Households
2.5
Avg Household Size
44
Median Age
33%
College-Educated
92%
High-School Grad
16.0 sq mi
ZIP Area
1,790
Density / Sq Mi
$81,077
Median Household Income
$54,183
Median Earnings
$1,484
Median Rent
$379,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-story property combining a configured veterinary clinic with a renovated three-bedroom apartment.
Where is this mixed-use property located?
The property is located at 1273 Church Rd Toms River, NJ.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 4,860‑square‑foot mixed‑use property at 1273 Church Rd, Toms River, NJ 08755; First‑floor veterinary clinic with reception, multiple examination rooms, private bathroom, and dedicated yard; Second‑floor three‑bedroom, two‑bathroom apartment
