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    Toms River Industrial Land Parcel Title is generated by Realmo AI

    1599 Route 9, Toms River, NJ 08755

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    Claim this Listing
    For Sale
    $18,000,000

    22.7 acres of land in Toms River, NJ.

    Type:Land or Vacant Lot
    Property size:
    91,650 SF
    Lot size:
    22.70 Acres
    Price / SF:
    $196/SF
    Added:
    Mar 4, 2026
    Days on Market:
    93
    Last Refresh:
    Apr 5 at 10:15 pm

    Property Features for 1599 Route 9

    General Information

    Standard status
    Active
    Size
    91,650 SF
    Lot size
    22.70 Acres
    Property subtype
    Land or Vacant Lot

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    Listing Contact
    MICHAEL H LITTLE

    Listing agent MICHAEL H LITTLE License #9804215

    Listing office KELLER WILLIAMS SHORE PROPERTIES

    Listing date Mar 4, 2026

    Source Corcoran

    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

    HighLights

    • 22.7 Acres in Light Industrial Zone on Hwy Rt 9
    • Approved for 91,650 sqft of Self Storage, 73,686 sqft of Warehouse, and 11,252 sqft of Office on 12.08 Acres
    • Adjoining 10.62 Acres potentially developable for up to 152,000 sqft of Warehouse or similar use
    • Permitted uses include light manufacturing, warehousing/storage, wholesale distribution, research laboratories, and executive offices
    • Includes parcels at 1593 Rt 9, 1599 Rt 9, 1579 Rt9, and 1581 Rt 9
    • Permitted uses also include motor vehicle repair garages, child‑care centers, hotels/motels (100+ units), and mini‑warehouse facilities

    Overview

    Available for purchase is a 22.7-acre parcel of property situated in Toms River, NJ, within a Light Industrial Zone on Highway Route 9. The property consists of approved and unapproved land. The approved land at 1593 Route 9 comprises 4.57 acres, and 1599 Route 9 comprises 7.51 acres. These parcels are approved for the construction of a 91,650-square-foot self-storage facility, a 73,686-square-foot warehouse, and an 11,252-square-foot office. The adjoining 10.62-acre property currently lacks approvals or a concept plan but could potentially accommodate up to 152,000 square feet of warehouse space or a similar use. The unapproved land at 1579 Route 9 spans 10.42 acres, while 1581 Route 9 covers 0.2 acres. Permitted uses for this property encompass light manufacturing, warehousing and storage of goods and products (excluding hazardous chemicals), wholesaling or distributing establishments (excluding used automobiles), scientific or research laboratories, executive or administrative offices not typically involved in direct business with the general public, federal, state, county, and municipal buildings and grounds, essential services, motor vehicle repair garages, child-care centers, hotels and motels containing 100 or more units, and mini-warehouse facilities, including one dwelling.

    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 $2.75M $30.00
    − Vacancy −$879.8k −$9.60
    EGI $1.87M $20.40
    − OpEx −$467.4k −$5.10
    NOI $1.40M $15.30
    91,650 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $20.03M
    $17.53M – $23.37M (±1% cap)
    NOI $1,402,245 @ 7.0% cap · market cap 7.79%
    Second Best
    Warehouse
    $17.84M
    $15.61M – $20.82M (±1% cap)
    NOI $1,249,139 @ 7.0% cap · market cap 6.94%
    Theoretical Best
    Office A
    $23.93M
    $20.94M – $27.92M (±1% cap)
    NOI $1,675,215 @ 7.0% cap · market cap 9.31%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toms River
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.2152
    Latitude
    40.0088

    FAQs

    What type of property is this?
    Industrial land - 22.7 acres of land in Toms River, NJ.
    Where is this industrial land located?
    The property is located at 1599 Route 9 Toms River, NJ.
    What is the asking price?
    The asking price for this property is $18,000,000.
    What are key features of this property?
    This property features: 22.7 Acres in Light Industrial Zone on Hwy Rt 9; Approved for **91,650 sqft of Self Storage, 73,686 sqft of Warehouse, and 11,252 sqft of Office** on 12.08 Acres; Adjoining 10.62 Acres potentially developable for up to 152,000 sqft of Warehouse or similar use
    More about this property
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