Office Suite with Conference
For Sale
Contact for pricing
609 Main Street, Toms River, NJ 08753
A compact professional office includes shared access to a conference room and on-site parking.
Property Size7,155 SF
Price / SF$0.17
Days on Market17
Property Features for 609 Main Street
General Information
Standard status
Active
Size
7,155 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
1
Property Use
Office
Amenities
shared conference room
Listing Agency:
O'Brien Realty, LLC
Listed By:
Laura Gambacorto · License #8440371
(732) 229-3532
Source:
Defelicerealtygroup
Added: Oct 16
Changed: Oct 31
Last Checked: Oct 31 at 2:24PM
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 O'Brien Realty, LLC
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Investment Insights
Based on property information with market context.
Approximately 330 square feet of office space is arranged as a single room and designated for professional use. Occupants also have access to a shared conference room, with on-site parking available for visitors and staff.
The office is on Main Street, also identified as Route 166, with connections to Route 37 and the Garden State Parkway. Downtown shops, restaurants, the courthouse, and county offices are nearby.
The office is on Main Street, also identified as Route 166, with connections to Route 37 and the Garden State Parkway. Downtown shops, restaurants, the courthouse, and county offices are nearby.
Key Highlights
- Approximately 330 square feet of single‑room office space
- Shared conference room access
- On‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,472
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,189,440
$2.2M
Cap Rate 7%
$1,563,886
$1.6M
Cap Rate 9%
$1,216,356
$1.2M
Market Conditions
NOI Build-Up for 7,155 SF
Gross rent
$214.7K $30.00/SF
− Vacancy
−$68.7K −$9.60/SF
EGI
$146.0K $20.40/SF
− OpEx
−$36.5K −$5.10/SF
NOI
$109.5K $15.30/SF
Area
Ocean County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,189,440
Cap Rate 7%
$1,563,886
Cap Rate 9%
$1,216,356
Alternative Uses
Best Use
Office B
$1.56M
$1.37M – $1.82M
NOI $109,472 @ 7.0% cap · market cap 9,122.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.87M
$1.63M – $2.18M
NOI $130,782 @ 7.0% cap · market cap 10,898.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
40
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
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - A compact professional office includes shared access to a conference room and on-site parking.
Where is this office unit located?
The property is located at 609 Main Street Toms River, NJ.
What are key features of this property?
This property features: Approximately 330 square feet of single‑room office space; Shared conference room access; On‑site parking
