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Medical Office Condominium
For Lease
$20 SF/Yr

23-20 Hospital Dr, Toms River, NJ 08755

The undemised space is suited to medical, physical therapy, or Pilates use.

Space Size1,249 SF
Property Size62,270 SF
Days on Market20

Property Features for 23-20 Hospital Dr

General Information

Standard status Active
Size 1,249 SF
Net Rentable 1,249 SF
Class B

Space & Availability

Available Space 1,249 SF
Contiguous Space 1,249 SF
Space Use Medical Office

Taxes and HOA fees

Annual Taxes $4,584

Building Details

Stories 3
Building Size 62,270 SF
Listing Agency: C21/ Action Plus Realty
Listed By: Joan L Velardi · License #NJ 0337813
Source: Exprealty
Added: Oct 17 Changed: Nov 3 Last Checked: Nov 4 at 6:11PM

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 C21/ Action Plus Realty

Rey
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Investment Insights

Based on property information with market context.

Unit 23 is a 1,249-square-foot medical office condominium space that is not demised. The space can serve medical, physical therapy, or Pilates uses within a three-story, Class B medical and professional office building constructed around 1970. The building contains approximately 62,270 square feet and has surface parking on site.

The property is in Toms River, across from Community Medical Center, within an established healthcare corridor.

Key Highlights

  • Unit 23 offers 1,249 square feet of undemised medical office space
  • Medical, physical therapy, or Pilates use is supported for the space
  • Three‑story, Class B building constructed around 1970

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Hair Salon Nail Salon Auto Repair Shop Building Supply Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,297
Businesses Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Toms River, NJ

$18.94 /SF/Yr
Avg Asking Price
$4.1–$23 /SF/Yr
Price Range
5,606 SF
Avg Space Size

This space is priced 6% above the average of $18.94 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Similar Off Market Nearby

  • PriorityVet - Pet Urgent Care of Toms River , NJ — 226 NJ-37, Toms River, NJ 08755

Frequently Asked Questions

What type of property is this?
Medical Office Space - The undemised space is suited to medical, physical therapy, or Pilates use.
Where is this medical office space located?
The property is located at 23-20 Hospital Dr Toms River, NJ.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Unit 23 offers 1,249 square feet of undemised medical office space; Medical, physical therapy, or Pilates use is supported for the space; Three‑story, Class B building constructed around 1970
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