1599 Route 9, Toms River, NJ 08755
22.7 acres of land in Toms River, NJ.
- 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
Listing agent MICHAEL H LITTLE License #9804215
Listing office KELLER WILLIAMS SHORE PROPERTIES (732) 797-9001
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Toms River
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.2152
- Latitude
- 40.0088