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Mixed-Use Property with Parking

513 Fischer Boulevard Toms River, NJ 08753

513 Fischer Boulevard, Toms River, NJ, 08753
$450,000
For Sale
$450,000

Mixed-use property featuring office/commercial space and residential living.

Property Size1,860 SF
Price / SF$241.94
Days on Market103

Property Features for 513 Fischer Boulevard

General Information

Standard status
Active
Size
1,860 SF
Property subtype
Commercial
Listing Agency KEYPOINT REALTY LLC
Listed by YOSEF BEANE · License #344874
Source Corcoran
Added: Apr 6 Checked: Jul 17 at 2:38 am

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 KEYPOINT REALTY LLC


Investment Insights

Based on property information with market context.

This mixed-use property offers both office/commercial space and residential living. The property features office areas and open workspaces, along with a separate residential section. A large on-site parking lot provides ample parking and easy access. The property's size is 1860 square feet. It is located in a high visibility location. This property is suited for an owner-user or investor.

Key Highlights

  • Mixed‑use property: Combines office/commercial space with residential living
  • Large on‑site parking lot: Provides ample parking and easy access
  • High visibility location: Offers strong exposure

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 $55.8k $30.00
− Vacancy −$17.9k −$9.60
EGI $37.9k $20.40
− OpEx −$9.5k −$5.10
NOI $28.5k $15.30
1,860 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$406.5K
$355.7K – $474.3K (±1% cap)
NOI $28,458 @ 7.0% cap · market cap 6.32%
Second Best
Mixed Use
$306.9K
$268.5K – $358.1K (±1% cap)
NOI $21,483 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$485.7K
$425.0K – $566.6K (±1% cap)
NOI $33,998 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Robinson & Robinson Total ... Financial Advisor

Suggested Use

Law Firm Real Estate Agency Pharmacy Daycare Center Hair Salon Accounting Firm (Bike/Boat/Book/etc) Store Electrical Service Computer & Electronic Repair Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Mixed-use property featuring office/commercial space and residential living.
Where is this mixed-use property located?
The property is located at 513 Fischer Boulevard Toms River, NJ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Mixed‑use property: Combines office/commercial space with residential living; Large on‑site parking lot: Provides ample parking and easy access; High visibility location: Offers strong exposure
Contact an agent
More about this property
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