Furnished Office
506 Hooper Avenue Toms River, NJ 08753
506 Hooper Avenue, Toms River, NJ, 08753
$849,900
For Sale
$849,900
COMMERCIAL - Toms River, NJ
Property Size4,125 SF
Lot Size0.25 Acres
Price / SF$206.04
Days on Market111
Property Features for 506 Hooper Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 13
- Parking features
- Off Street
- Security features
- Security System
- Exterior features
- Lighting
- Basement
- Partially Finished
- Standard status
- Active
- APN
- 08-00654-01-00019
- Size
- 4,125 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11294
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 3
- Flooring type
- Tile, Wood
- Building materials
- Brick
Listing Agency
Better Homes and Gardens Real Estate Murphy & Co
(609) 693-4600
255 Route 9, Red Bank, NJ
Listed by
Joseph DeYonker
(609) 693-4600
Added: Mar 30 Checked: Jul 18 at 11:06 pm
MLS# 22608505
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 offering is a furnished office building featuring quality furniture and a well-appointed workspace, presented as turnkey for professional use, with limited exclusions. The property totals 4,125 square feet and sits on a 0.25-acre lot.
According to the listing, the location provides ample parking and strong visibility, with convenient proximity to downtown and the courthouse. Access is described as easy via Route 37 and the Garden State Parkway.
For tenants, buyers, or operators looking for an office environment that can be put to work quickly, the furnished setup and designed workspace can help reduce initial outfitting time. The space is also positioned for a range of professional uses, with any exclusions to be confirmed as part of due diligence.
According to the listing, the location provides ample parking and strong visibility, with convenient proximity to downtown and the courthouse. Access is described as easy via Route 37 and the Garden State Parkway.
For tenants, buyers, or operators looking for an office environment that can be put to work quickly, the furnished setup and designed workspace can help reduce initial outfitting time. The space is also positioned for a range of professional uses, with any exclusions to be confirmed as part of due diligence.
Key Highlights
- Prime location near downtown and the courthouse with easy access to Route 37 and the Garden State Parkway.
- Ample off‑street parking and strong visibility.
- Furnished office with quality furniture (with limited exclusions).
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 | $123.8k | $30.00 |
| − Vacancy | −$39.6k | −$9.60 |
| EGI | $84.2k | $20.40 |
| − OpEx | −$21.0k | −$5.10 |
| NOI | $63.1k | $15.30 |
4,125 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$901.6K
$788.9K – $1.05M
NOI $63,113 @ 7.0% cap · market cap 7.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$942.5K – $1.26M
NOI $75,398 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Barton Elizabeth L
Physician
Dasti, McGuckin, McNichols, ...
Law Firm
Trustan Nola
Law Firm
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FAQs
What type of property is this?
Office building - Turnkey furnished office setup with ample parking for professional services near Toms River access routes.
Where is this office building located?
The property is located at 506 Hooper Avenue Toms River, NJ.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Prime location near downtown and the courthouse with easy access to Route 37 and the Garden State Parkway.; Ample off‑street parking and strong visibility.; Furnished office with quality furniture (with limited exclusions).
