Second-Floor Medical Office
For Sale
Contact for pricing
1410 Hooper Avenue 2nd Floor, Toms River, NJ 08753
The suite includes utilities and on-site parking in a commercial corridor.
Property Size8,640 SF
Price / SF$0.34
Days on Market138
Property Features for 1410 Hooper Avenue 2nd Floor
General Information
Standard status
Active
Size
8,640 SF
Property subtype
Office
Additional Details
Floor
Second Floor
Property Use
Office/Medical
Building Details
Year Built
1980
Listing Agency:
Smires & Associates
Listed By:
Salvatore Bua · License #1430436
(609) 259-1414
Source:
Defelicerealtygroup
Added: Jun 17
Changed: Oct 31
Last Checked: Oct 31 at 3:09AM
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 Smires & Associates
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located on the second floor at 1410 Hooper Avenue in Toms River, this 1,700-square-foot space is classified as medical office space. The building dates to 1980, and on-site parking is available. Utilities are included.
The property sits in a high-traffic area with access to major roadways, dining, retail, and other services.
The property sits in a high-traffic area with access to major roadways, dining, retail, and other services.
Key Highlights
- 1,700‑square‑foot second‑floor medical office space
- Utilities included
- On‑site parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,646
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,572,920
$2.6M
Cap Rate 7%
$1,837,800
$1.8M
Cap Rate 9%
$1,429,400
$1.4M
Market Conditions
NOI Build-Up for 8,640 SF
Gross rent
$228.1K $26.40/SF
− Vacancy
−$13.7K −$1.58/SF
EGI
$214.4K $24.82/SF
− OpEx
−$85.8K −$9.93/SF
NOI
$128.6K $14.89/SF
Area
Ocean County, NJ
Vacancy
6.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,572,920
Cap Rate 7%
$1,837,800
Cap Rate 9%
$1,429,400
Alternative Uses
Best Use
Office B
$1.89M
$1.65M – $2.20M
NOI $132,192 @ 7.0% cap · market cap 4,481.08%
Second Best
Healthcare Medical
$1.84M
$1.61M – $2.14M
NOI $128,646 @ 7.0% cap · market cap 4,360.88%
Theoretical Best
Office A
$2.26M
$1.97M – $2.63M
NOI $157,925 @ 7.0% cap · market cap 5,353.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
745
Businesses Nearby
Under-served
Demand for This Use
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
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Petco Vaccination Clinic — 1331 Hooper Ave, Toms River, NJ 08753
Frequently Asked Questions
What type of property is this?
Medical Office Space - The suite includes utilities and on-site parking in a commercial corridor.
Where is this medical office space located?
The property is located at 1410 Hooper Avenue 2nd Floor Toms River, NJ.
What are key features of this property?
This property features: 1,700‑square‑foot second‑floor medical office space; Utilities included; On‑site parking available
