Fischer Boulevard Commercial
557 Fischer Boulevard Toms River, NJ 08753
557 Fischer Boulevard, Toms River, NJ, 08753
$599,000
For Sale
$599,000
Versatile commercial space on Fischer Boulevard with high traffic exposure.
Property Size2,400 SF
Price / SF$249.58
Days on Market60
Property Features for 557 Fischer Boulevard
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1960
Listing Agency
KELLER WILLIAMS SHORE PROPERTIES
(732) 797-9001
Listed by
PATRIC DAMBROSKI · License #0559180
Source
Corcoran
Added: May 19 Checked: Jul 17 at 3:28 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 KELLER WILLIAMS SHORE PROPERTIES
Investment Insights
Based on property information with market context.
This 2,400-square-foot property is strategically located to benefit from high summer traffic, offering excellent exposure to both year-round residents and seasonal visitors heading to beaches, marinas, and local attractions. Currently configured as a medical/professional office, the space features an established, professional layout, making it suitable for a healthcare provider. The HB zoning permits a wide range of uses, including retail, professional services, personal services, and financial institutions.
Key Highlights
- High‑traffic location ideal for capturing summer tourist and year‑round resident business.
- Move‑in ready medical/professional office layout.
- HB zoning permits a wide range of business types (retail, professional, financial, etc.).
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 | $72.0k | $30.00 |
| − Vacancy | −$23.0k | −$9.60 |
| EGI | $49.0k | $20.40 |
| − OpEx | −$12.2k | −$5.10 |
| NOI | $36.7k | $15.30 |
2,400 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$524.6K
$459.0K – $612.0K
NOI $36,720 @ 7.0% cap · market cap 6.13%
Second Best
Healthcare Medical
$510.5K
$446.7K – $595.6K
NOI $35,735 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$626.7K
$548.4K – $731.1K
NOI $43,868 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warren Merguerian, DDS
Dental Office
Similar For Sale Nearby
Similar Off Market Nearby
- Coastal Veterinary — 2901 NJ-37, Toms River, NJ 08753
FAQs
What type of property is this?
Medical Office Space - Versatile commercial space on Fischer Boulevard with high traffic exposure.
Where is this medical office space located?
The property is located at 557 Fischer Boulevard Toms River, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: High‑traffic location ideal for capturing summer tourist and year‑round resident business.; Move‑in ready medical/professional office layout.; HB zoning permits a wide range of business types (retail, professional, financial, etc.).
