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    Updated Warehouse in Toms River Title is generated by Realmo AI

    1889 Route 9 #29, Toms River, NJ 08755

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    For Sale
    $925,000

    3,600 sq ft warehouse with renovated office and drive-through access.

    Type:Commercial
    Property size:
    3,600 SF
    Lot size:
    1.02 Acres
    Price / SF:
    $256/SF
    Added:
    Mar 29, 2025
    Days on Market:
    438
    Last Refresh:
    Apr 5 at 9:06 pm

    Property Features for 1889 Route 9 #29

    General Information

    Standard status
    Active
    Size
    3,600 SF
    Lot size
    1.02 Acres
    Property subtype
    Commercial

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    Listing Contact
    RICHARD GEBBIA

    Listing agent RICHARD GEBBIA

    Listing office REAL BROKER, LLC- RED BANK

    Listing date Mar 29, 2025

    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 REAL BROKER, LLC- RED BANK

    HighLights

    • Expansive 3,600 sq. ft. warehouse space, created by combining four units.
    • Convenient location on Route 9, minutes from the Garden State Parkway.
    • Drive‑through access with personnel and overhead doors on both sides.
    • Newly renovated 425 sq. ft. office with kitchenette.
    • 3,175 sq. ft. of open warehouse space with 12 ft. clear height.
    • 12 dedicated parking spaces.

    Overview

    This newly updated 3,600 sq. ft. warehouse is located in the Ocean County Business Park. Four 900 sq. ft. units have been combined to create one expansive space. The property is conveniently located on Route 9, minutes from the Garden State Parkway. The warehouse includes 3,175 sq. ft. of open warehouse space with a 12 ft. clear height to the rafters, and a newly renovated 425 sq. ft. office featuring a kitchenette. The building is designed for efficiency with personnel doors and overhead doors on both sides, allowing drive-through access for loading and unloading. There are 12 dedicated parking spaces available.

    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 $108.0k $30.00
    − Vacancy −$34.6k −$9.60
    EGI $73.4k $20.40
    − OpEx −$18.4k −$5.10
    NOI $55.1k $15.30
    3,600 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $786.9K
    $688.5K – $918.0K (±1% cap)
    NOI $55,080 @ 7.0% cap · market cap 5.95%
    Second Best
    Warehouse
    $700.9K
    $613.3K – $817.8K (±1% cap)
    NOI $49,066 @ 7.0% cap · market cap 5.30%
    Theoretical Best
    Office A
    $940.0K
    $822.5K – $1.10M (±1% cap)
    NOI $65,802 @ 7.0% cap · market cap 7.11%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

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

    Similar Places Nearby

    • Extra Space Storage — 1864 US-9, Toms River, NJ 08755

    Location Insight

    • Map
    • Local Demand
    City
    Toms River
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.2202
    Latitude
    40.0204

    FAQs

    What type of property is this?
    Warehouse - 3,600 sq ft warehouse with renovated office and drive-through access.
    Where is this warehouse located?
    The property is located at 1889 Route 9 #29 Toms River, NJ.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: Expansive **3,600 sq. ft. warehouse space**, created by combining four units.; Convenient location on Route 9, minutes from the Garden State Parkway.; Drive‑through access with personnel and overhead doors on both sides.
    More about this property
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