Updated Duplex with Solar
For Sale
$359,900
Pending
530 Bradley Boulevard, Toms River, NJ 08753
Residential, Duplex, Toms River, NJ
Property Size813 SF
Lot Size0.05 Acres
Days on Market103
Property Features for 530 Bradley Boulevard
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 2, Bedroom 1
Parking features
On Street
Subdivision
Toms River
Directions
GPS spot on location
Standard status
Pending
APN
08-01083-18-00002
Size
813 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3810
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
solar panels
Building Details
Year built
1949
Floors in Building
1
Roof type
Shingle
Architectural style
Other
Listing Agency:
Real Broker, LLC- Jackson
Listed By:
Samara P O'Neill
(732) 803-0488
Added: May 26
Changed: Sep 4
Last Checked: Sep 5 at 7:06AM
MLS# 22615601
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 duplex property includes 813 square feet on a 0.05-acre lot, with a two-bedroom, one-bathroom layout reflected in the available room details. Built in 1949, the home has received updates including siding, roofing, gutters, fascia, soffit, solar panels, and an HVAC system. The roof is shingle, and the property has public water and public sewer service.
On-street parking is available. The property is positioned near beaches, dining, shopping, and major commuter routes, providing access to coastal recreation and everyday services. Its compact footprint and updated exterior systems support a straightforward residential income property profile.
On-street parking is available. The property is positioned near beaches, dining, shopping, and major commuter routes, providing access to coastal recreation and everyday services. Its compact footprint and updated exterior systems support a straightforward residential income property profile.
Key Highlights
- 813‑square‑foot duplex property on a 0.05‑acre lot
- Two‑bedroom, one‑bathroom layout
- Updated siding, roof, gutters, fascia, and soffit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,607
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$272,140
$272.1K
Cap Rate 7%
$194,386
$194.4K
Cap Rate 9%
$151,189
$151.2K
Market Conditions
NOI Build-Up for 813 SF
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.
Gross rent
$20.8K $25.56/SF
− Vacancy
−$1.3K −$1.65/SF
EGI
$19.4K $23.91/SF
− OpEx
−$5.8K −$7.17/SF
NOI
$13.6K $16.74/SF
Area
Ocean County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$272,140
Cap Rate 7%
$194,386
Cap Rate 9%
$151,189
Alternative Uses
Best Use
Multifamily LT 5
$194.4K
$170.1K – $226.8K
NOI $13,607 @ 7.0% cap · market cap 3.78%
Second Best
Apartment 5plus
$178.6K
$156.3K – $208.4K
NOI $12,502 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$212.3K
$185.8K – $247.7K
NOI $14,860 @ 7.0% cap · market cap 4.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Low-maintenance duplex property with newer exterior components, HVAC, solar panels, and public utilities near beaches, dining, and shopping.
Where is this duplex located?
The property is located at 530 Bradley Boulevard Toms River, NJ.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: 813‑square‑foot duplex property on a 0.05‑acre lot; Two‑bedroom, one‑bathroom layout; Updated siding, roof, gutters, fascia, and soffit
