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Mixed-Use Property with Apartment
For Sale
$1,700,000

1273 Church Road, Toms River, NJ 08755

Commercial Sale, Toms River, NJ

Property Size4,860 SF
Lot Size1.00 Acre
Price / SF$349.79
Days on Market50

Property Features for 1273 Church Road

General Information

Property type Commercial Sale
Property subtype Office
Parking 18
Directions Old Freehold Rd to Currch Rd
Subdivision Toms River
Standard status Active
APN 08-00410-0000-00060
Size 4,860 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12645

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1972
Floors in Building 2
Flooring type Wood
Roof type Asphalt
Listing Agency: Alligator Property Management
Listed By: Emerson Amador
Added: Aug 26 Changed: Oct 2 Last Checked: Oct 14 at 5:06PM
MLS# 22626718

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 4,860-square-foot mixed-use property on a 1-acre parcel includes commercial space on the first floor and a residential apartment above. The lower level is arranged as a veterinary clinic with reception, several examination rooms, a private bathroom, and a dedicated yard. The second-floor residence provides three bedrooms and two bathrooms, along with renovated bathrooms, a modernized kitchen, a private deck, and a separate yard.

Built in 1972, the property has wood flooring, forced-air heat, central air, an asphalt roof, public water, and public sewer. Its Toms River location places the building near local amenities, while the combination of commercial and residential components supports a range of owner-user or investor configurations.

Key Highlights

  • 4,860 SF mixed‑use property on 1 acre
  • First‑floor veterinary clinic with reception, examination rooms, bathroom, and private yard
  • Second‑floor apartment with 3 bedrooms and 2 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$74,358
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,487,160 $1.5M
Cap Rate 7%
$1,062,257 $1.1M
Cap Rate 9%
$826,200 $826.2K
Market Conditions
NOI Build-Up for 4,860 SF
Gross rent
$145.8K $30.00/SF
− Vacancy
−$46.7K −$9.60/SF
EGI
$99.1K $20.40/SF
− OpEx
−$24.8K −$5.10/SF
NOI
$74.4K $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%
$1,487,160
Cap Rate 7%
$1,062,257
Cap Rate 9%
$826,200

Alternative Uses

Best Use
Office B
$1.06M
$929.5K – $1.24M (±1% cap)
NOI $74,358 @ 7.0% cap · market cap 4.37%
Second Best
Healthcare Medical
$1.03M
$904.5K – $1.21M (±1% cap)
NOI $72,363 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,833 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Small Animal Veterinary ... Veterinary Clinic

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Pharmacy Hair Salon Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level configuration pairs a veterinary clinic with a renovated three-bedroom residence and separate outdoor areas.
Where is this mixed-use property located?
The property is located at 1273 Church Road 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 SF mixed‑use property on 1 acre; First‑floor veterinary clinic with reception, examination rooms, bathroom, and private yard; Second‑floor apartment with 3 bedrooms and 2 bathrooms
More about this property
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