Professional Office
For Sale
$220,000
222 Commons Way, Toms River, NJ 08755
Commercial Sale, Toms River, NJ
Property Size920 SF
Lot Size0.01 Acres
Price / SF$239.13
Days on Market47
Property Features for 222 Commons Way
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Professional
Directions
GPS
Subdivision
Toms River
Standard status
Active
APN
08-00409-0000-00018-0000-C022
Size
920 SF
Lot size
0.01 Acres
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Forced Air
Water source
Public
Building Details
Floors in Building
1
Listing Agency:
Hazelet Realty Group, LLC
Listed By:
Michaela Rydstrom
(732) 836-8788
Added: Sep 6
Changed: Oct 20
Last Checked: Oct 22 at 10:06AM
MLS# 22628056
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.
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Investment Insights
Based on property information with market context.
This 920-square-foot office unit occupies the second floor of an office park serving medical and professional suites. The layout includes a reception area, four private offices, a kitchenette, and a bathroom, providing a defined arrangement for office operations and client-facing use. Heating is provided by hot water and forced air systems.
The property is located in Toms River near a hospital and Route 37. Public water and public sewer serve the premises. The recorded lot size is 0.01 acres.
The property is located in Toms River near a hospital and Route 37. Public water and public sewer serve the premises. The recorded lot size is 0.01 acres.
Key Highlights
- 920‑square‑foot second‑floor office unit
- Reception area, four private offices, kitchenette, and bathroom
- Located within an office park with medical and professional suites
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,076
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,520
$281.5K
Cap Rate 7%
$201,086
$201.1K
Cap Rate 9%
$156,400
$156.4K
Market Conditions
NOI Build-Up for 920 SF
Gross rent
$27.6K $30.00/SF
− Vacancy
−$8.8K −$9.60/SF
EGI
$18.8K $20.40/SF
− OpEx
−$4.7K −$5.10/SF
NOI
$14.1K $15.30/SF
Area
Ocean County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,520
Cap Rate 7%
$201,086
Cap Rate 9%
$156,400
Alternative Uses
Best Use
Office B
$201.1K
$176.0K – $234.6K
NOI $14,076 @ 7.0% cap · market cap 6.40%
Second Best
Healthcare Medical
$195.7K
$171.2K – $228.3K
NOI $13,698 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$240.2K
$210.2K – $280.3K
NOI $16,816 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,275
Businesses Nearby
Explore this area
Business Placement
Demographics for 08755, NJ
28,643
Population
11,318
Households
2.5
Avg Household Size
44
Median Age
33%
College-Educated
92%
High-School Grad
16.0 sq mi
ZIP Area
1,790
Density / Sq Mi
$81,077
Median Household Income
$54,183
Median Earnings
$1,484
Median Rent
$379,600
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor commercial suite with multiple enclosed workrooms, a reception area, kitchenette, and private restroom.
Where is this office unit located?
The property is located at 222 Commons Way Toms River, NJ.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 920‑square‑foot second‑floor office unit; Reception area, four private offices, kitchenette, and bathroom; Located within an office park with medical and professional suites
