Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Pad Site For Lease Title is generated by Realmo AI

    1922 Hooper Avenue #Front Pad Site, Toms River, NJ 08753

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Ground lease opportunity in Toms River with strong co-tenancy.

    Type:Commercial
    Property size:
    44,204 SF
    Lot size:
    1.01 Acres
    Added:
    May 20, 2026
    Days on Market:
    7
    Last Refresh:
    May 21 at 8:46 am

    Property Features for 1922 Hooper Avenue #Front Pad Site

    General Information

    Standard status
    Active
    Size
    44,204 SF
    Lot size
    1.01 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    2020

    We can help!

    Listing Contact
    MICHAEL MABIE

    Listing agent MICHAEL MABIE

    Listing office KELLER WILLIAMS PREFERRED PROPERTIES,BAYVILLE

    Listing date May 20, 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 PREFERRED PROPERTIES,BAYVILLE

    HighLights

    • Excellent location with frontage on Hooper Avenue in Toms River, NJ
    • Pad site ready for a 4,140 sqft building
    • All utilities stubbed and ready for connection
    • Strong co‑tenancy with 100% occupied existing tenants
    • Ingress/egress on both Hooper Avenue and Church Road
    • Suitable for various uses: fast food, bank, daycare, or retail

    Overview

    This ground lease opportunity features a pad site with frontage on Hooper Avenue in Toms River, New Jersey. The site can accommodate a 4,140-square-foot building. Located on the border of Brick, New Jersey, the property benefits from strong demographics within a 3-mile radius. The site has all utilities stubbed and ready for connection. Ingress and egress are available on Hooper Avenue and in the rear of the site along Church Road. The location is suitable for various retail uses, including fast food, banks, and daycare facilities. The property is anchored by Super Buy Rite Liquors, Verizon, Patricias, and Spa Virtue. A newly constructed building is located on the site in the rear of the pad.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Toms River
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.1609
    Latitude
    39.9821

    Nearby Similar for Lease

    • $2,400/Mo
      4,800 SF

      Toms River Commercial Space

      First floor office and retail space in Toms River.
      2494 Moore Road, Toms River, NJ 08753
      View Details
    • $10,000/Mo
      1,196 SF

      Route 9 Commercial Property

      Commercial property on Route 9 available for lease.
      2023 Lakewood Road, Toms River, NJ 08755
      View Details
    • Contact for pricing
      3,100 SF

      Renovated Office/Retail Space Available

      Prime Toms River location with flexible configuration and drive-thru.
      24 Main Street, Toms River, NJ 08753
      View Details
    • Contact for pricing
      57,830 SF

      Retail Space in Silverton Plaza

      Retail spaces for lease in high-traffic Silverton Plaza.
      1769 Hooper Avenue, Toms River, NJ 08753
      View Details
    • Contact for pricing
      4,000 SF

      Medical Office Condo For Lease

      Turnkey medical office condo in Toms River's 'Medical Lane'.
      1314 Hooper Avenue, Toms River, NJ 08753
      View Details
    • Contact for pricing
      5,740 SF

      Toms River Professional Office Campus

      Flexible workspace solutions in the heart of Toms River, New Jersey.
      25 Route 37 E, Toms River, NJ 08753
      View Details
    • Contact for pricing
      43,223 SF

      Mixed-Use Complex in Toms River

      Multi-tenant office/retail complex in a 55+ community.
      600 Mule Road, Toms River, NJ 08757
      View Details
    • Contact for pricing
      9,744 SF

      Elevatored Professional Building Suite

      Professional building suite suitable for medical or non-medical tenants.
      388 Lakehurst Road, Toms River, NJ 08755
      View Details
    • Contact for pricing
      7,308 SF

      Toms River Medical/Professional Space

      Elevatored professional building near hospital, suitable for medical/non-medical tenants.
      388 Lakehurst Road, Toms River, NJ 08755
      View Details
    • Contact for pricing
      2,000 SF

      Toms River Office Space

      Professional office space for lease in Toms River, NJ.
      10 Allen Street, Toms River, NJ 08753
      View Details
    • Contact for pricing
      4,818 SF

      Toms River Office Space

      Professional office space for lease in Toms River, NJ.
      1466 Hooper Avenue, Toms River, NJ 08753
      View Details
    • Contact for pricing
      3,052 SF

      Toms River Commercial Space

      Commercial space suitable for medical or office use in Toms River.
      618 Main Street, Toms River, NJ 08753
      View Details

    FAQs

    What type of property is this?
    Commercial land - Ground lease opportunity in Toms River with strong co-tenancy.
    Where is this commercial land located?
    The property is located at 1922 Hooper Avenue #Front Pad Site Toms River, NJ.
    What are key features of this property?
    This property features: Excellent location with frontage on Hooper Avenue in Toms River, NJ; **Pad site ready for a 4,140 sqft building**; All utilities stubbed and ready for connection
    (732) 269-5200
    We can help!
    Listing Contact
    MICHAEL MABIE
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1922 Hooper Avenue #Front Pad Site, Toms River, NJ 08753
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!