206 Court House Lane, Toms River, NJ 08753
COMMERCIAL - Toms River, NJ
- Added:
- Nov 7, 2025
- Days on Market:
- 226
- Last Refresh:
- Jun 21 at 9:06 pm
Property Features for 206 Court House Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Assigned, Parking Lot
- Standard status
- Active
- APN
- 08-00660-0000-00016
- Size
- 8,280 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 19789
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1953
- Floors in Building
- 2
Listing agent Damoun Yashar (201) 939-0500
Listing office A.W. Van Winkle 2 Station Square, Rutherford, NJ (201) 939-0500
Listing date Nov 7, 2025
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Leased to Ocean County, providing stable income
- Absolute net lease structure ensures predictable returns
- Prime location within the Ocean County Courthouse complex
- Institutional‑grade location near key municipal offices
- Low‑risk investment profile
- Assigned parking and parking lot available
Overview
Located at 206 Court House Lane in Toms River, the building is part of the Ocean County Courthouse complex and includes access to key municipal offices within the same institutional setting.
For investors or owner-users evaluating a for-sale office asset, the current County of Ocean tenancy and the stated absolute net lease structure are central considerations. The property’s ongoing governmental use may align well with buyers seeking a stable, long-term operating profile tied to public-sector occupancy.
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 | $248.4k | $30.00 |
| − Vacancy | −$79.5k | −$9.60 |
| EGI | $168.9k | $20.40 |
| − OpEx | −$42.2k | −$5.10 |
| NOI | $126.7k | $15.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Toms River
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.195901
- Latitude
- 39.953441
