Medical Office End
For Sale
$239,900
25 Mule Road, Toms River, NJ 08755
Commercial Sale, Toms River, NJ
Property Size50,000 SF
Lot Size0.02 Acres
Price / SF$218.09
Days on Market8
Property Features for 25 Mule Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Office, Professional
Rooms
Basement
Parking features
Open, Parking Lot
Interior features
Handicapped
Exterior features
Display Window
Basement
Partial
Accessibility
Accessible Approach with Ramp
Lot features
Highway Frontage, Landscaped, Sidewalks
Directions
Office s located at the SW corner of Mule Road and Rt 37
Subdivision
Toms River
Standard status
Active
APN
08-00507-01-00041-0000-C0210
Size
1,100 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5374
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2005
Floors in Building
1
Flooring type
Vinyl
Building materials
Block
Roof type
Shingle
Listing Agency:
Gillen Realty Inc.
(732) 240-9600
Listed By:
Timothy J Gillen · License #8535813
(732) 330-8035
Added: Oct 7
Changed: Oct 13
Last Checked: Oct 14 at 6:06PM
MLS# 22631753
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.
Investment Insights
Based on property information with market context.
This 1,100-square-foot end unit was built in 2005 and is currently configured as an updated professional office. The space can accommodate medical or professional office use and includes a basement for storage, a rear entrance, and a display window. Interior finishes include vinyl flooring, with forced-air heat and central air conditioning.
Located at 25 Mule Road in Toms River, the property has access to a large parking lot and an approach ramp. Public water and sewer serve the unit.
Located at 25 Mule Road in Toms River, the property has access to a large parking lot and an approach ramp. Public water and sewer serve the unit.
Key Highlights
- 1,100‑square‑foot medical or professional office unit
- End‑unit position with a display window
- Basement storage and rear entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,830
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,600
$336.6K
Cap Rate 7%
$240,429
$240.4K
Cap Rate 9%
$187,000
$187.0K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$33.0K $30.00/SF
− Vacancy
−$10.6K −$9.60/SF
EGI
$22.4K $20.40/SF
− OpEx
−$5.6K −$5.10/SF
NOI
$16.8K $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%
$336,600
Cap Rate 7%
$240,429
Cap Rate 9%
$187,000
Alternative Uses
Best Use
Office B
$240.4K
$210.4K – $280.5K
NOI $16,830 @ 7.0% cap · market cap 7.02%
Second Best
Healthcare Medical
$234.0K
$204.7K – $273.0K
NOI $16,379 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$287.2K
$251.3K – $335.1K
NOI $20,106 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Updated space supports medical or professional office use, with basement storage and a separate rear entrance.
Where is this medical office space located?
The property is located at 25 Mule Road Toms River, NJ.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 1,100‑square‑foot medical or professional office unit; End‑unit position with a display window; Basement storage and rear entrance
