Multi-Tenant Light Industrial
2000-2004 Adams Avenue, Toms River, NJ 08753
For Sale
Contact for pricing
Four tenants lease the property, comprising three buildings on a single parcel.
Property Size15,000 SF
Lot Size1.44 Acres
Price / SF$143.33
Days on Market9
Property Features for 2000-2004 Adams Avenue
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Additional Details
Highway Access
Tenant in Place
Property Use
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Horvath & Tremblay
Listed By:
Michael Lombardi · License NJ #0569706
(201) 215-1801
Source:
Crexi
Added: Nov 2
Changed: Nov 8
Last Checked: Nov 8 at 5:19PM
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 Horvath & Tremblay
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The light industrial property contains three buildings totaling 15,000 square feet on 1.44 acres. Constructed in 1980, the site is fully leased to four tenants and is located at 2000-2004 Adams Avenue in Toms River, New Jersey.
NJ Route 37 is nearby, with access to the Garden State Parkway and Ocean County markets. The surrounding area includes retail, restaurants, grocery stores, service businesses, residential neighborhoods, schools, Ocean County College, and Community Medical Center. The property is also within reach of Jersey Shore communities.
NJ Route 37 is nearby, with access to the Garden State Parkway and Ocean County markets. The surrounding area includes retail, restaurants, grocery stores, service businesses, residential neighborhoods, schools, Ocean County College, and Community Medical Center. The property is also within reach of Jersey Shore communities.
Key Highlights
- Three buildings totaling 15,000 square feet
- 1.44‑acre parcel in Toms River, New Jersey
- 100% leased to four tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$168,364
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,367,280
$3.4M
Cap Rate 7%
$2,405,200
$2.4M
Cap Rate 9%
$1,870,711
$1.9M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$255.6K $17.04/SF
− Vacancy
−$15.1K −$1.01/SF
EGI
$240.5K $16.03/SF
− OpEx
−$72.2K −$4.81/SF
NOI
$168.4K $11.22/SF
Area
Ocean County, NJ
Vacancy
5.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,367,280
Cap Rate 7%
$2,405,200
Cap Rate 9%
$1,870,711
Alternative Uses
Best Use
Industrial
$2.41M
$2.10M – $2.81M
NOI $168,364 @ 7.0% cap · market cap 7.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.92M
$3.43M – $4.57M
NOI $274,176 @ 7.0% cap · market cap 12.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
361
Businesses Nearby
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
$377,200
Median Home Value
Market
Average Price Trend$/SF for Industrial properties in Ocean County, NJ
Properties on Market for Industrial properties in Ocean County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Industrial property - Four tenants lease the property, comprising three buildings on a single parcel.
Where is this industrial property located?
The property is located at 2000-2004 Adams Avenue Toms River, NJ.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Three buildings totaling 15,000 square feet; 1.44‑acre parcel in Toms River, New Jersey; 100% leased to four tenants
