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Approved Self-Storage Development Opportunity
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255 Route 37 E, Toms River, NJ 08753

Approved self-storage development site in Toms River, New Jersey.

Property Size76,125 SF
Lot Size3.70 Acres
Days on Market201

Property Features for 255 Route 37 E

General Information

Standard status Active
Size 76,125 SF
Lot size 3.70 Acres
Property subtype Self Storage Development Site

Building Details

Building Size 76,125 SF
Year Built 1990
Listing Agency:
Listed By: Hans Hardisty
Source: Nationalstoragepartners
Added: Jan 27 Changed: Aug 16 Last Checked: Aug 16 at 5:14AM

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 Hans Hardisty

Investment Insights

Based on property information with market context.

This approved, Class-A self-storage development opportunity is located in Ocean County, within a growing community characterized by high market rents. The site has approvals for constructing a three-story, climate-controlled building with 76,000 gross square feet, along with an additional 12,640 square feet of exterior drive-up units and 8,500 square feet of exterior parking. Upon completion, the facility will offer approximately 71,190 net rentable square feet. Previously used for off-site vehicle storage by an automobile dealership, the 3.7-acre property is located in a Highway Business Zone (HB) zoning district, where self-storage is permitted as-of-right. The proposed development satisfies all land-use and zoning parameters set forth by the HB zoning ordinance, with a maximum height of 45 feet and a maximum building coverage ratio of 25%. Site plan approval has been granted by the township of Toms River, New Jersey. Toms River township is a bedroom suburb of New York City and a regional commercial hub in central New Jersey. The area hosts more than 75,000 people within 3 miles, with average household incomes around $150,000. The property benefits from high traffic counts of approximately 38,000 vehicles daily and has roughly 200 feet of frontage on Route 37, which serves as the major east-west route through the Toms River area and the main route to the Barnegat Peninsula.

Key Highlights

  • Approved Class‑A Self‑Storage Development Opportunity in Ocean County, NJ.
  • High traffic location with approximately 38,000 vehicles daily** and 200 feet of frontage on Route 37.
  • Approved for a three‑story, 76,000 gross square feet climate‑controlled building, plus 12,640 square feet of exterior drive‑up units.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Hair Salon Nail Salon Parking Lot & Garage Cafe & Coffee Shop Spa & Massage Center Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

379
Businesses Nearby

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

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Approved self-storage development site in Toms River, New Jersey.
Where is this self storage facility located?
The property is located at 255 Route 37 E Toms River, NJ.
What are key features of this property?
This property features: Approved Class‑A Self‑Storage Development Opportunity in Ocean County, NJ.; High traffic location with approximately 38,000 vehicles daily** and 200 feet of frontage on Route 37.; Approved for a three‑story, 76,000 gross square feet climate‑controlled building, plus 12,640 square feet of exterior drive‑up units.
More about this property
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