Three-Unit Warehouse
71 Irons St Toms River, NJ 08753
New
For Sale
Contact for pricing
Three warehouse buildings totaling 13,500 SF sit on a 2.37-acre lot with mostly paved parking.
Property Size13,500 SF
Lot Size2.37 Acres
Price / SF$259.26
Days on Market7
Property Features for 71 Irons St
General Information
Standard status
Active
Size
13,500 SF
Lot size
2.37 Acres
Property subtype
INDUSTRIAL
Listing Agency:
The Blau & Berg Company
(973) 568-6611
Listed By:
Jason M. Crimmins · License #0341793
(973) 568-6611
Source:
Moodyscre
Added: Jul 23
Changed: Jul 26
Last Checked: Jul 29 at 2:00PM
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 The Blau & Berg Company
Investment Insights
Based on property information with market context.
This property consists of three warehouse buildings: Building 1 offers approximately 5,000 SF, Building 2 offers approximately 2,800 SF, and Building 3 offers approximately 5,700 SF. The site includes mostly paved asphalt parking and is situated on a 2.37-acre lot.
Zoned VB – Village Business, the property is positioned for a variety of village business uses. Taxes for 2025 are listed at $42,824.78.
For buyers seeking a multi-building warehouse configuration within a single site, this offering provides separate building sizes under one ownership with established on-site parking.
Zoned VB – Village Business, the property is positioned for a variety of village business uses. Taxes for 2025 are listed at $42,824.78.
For buyers seeking a multi-building warehouse configuration within a single site, this offering provides separate building sizes under one ownership with established on-site parking.
Key Highlights
- Three warehouse buildings totaling 13,500 SF
- 2.37‑acre lot (Block 566.02, Lot 6)
- Zoned VB – Village Business
Financial Insights For Warehouse
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 | $230.0k | $17.04 |
| − Vacancy | −$13.6k | −$1.01 |
| EGI | $216.5k | $16.03 |
| − OpEx | −$32.5k | −$2.41 |
| NOI | $184.0k | $13.63 |
13,500 SF · lease $17.04/SF/yr · vacancy 5.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.63M
$2.30M – $3.07M
NOI $183,997 @ 7.0% cap · market cap 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.53M
$3.08M – $4.11M
NOI $246,758 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- de Rouville's Boat Shop — 69 Flint Rd, South Toms River, NJ 08757
- The Storage Mall - South Toms River — 29 Flint Rd, South Toms River, NJ 08757
Frequently Asked Questions
What type of property is this?
Warehouse - Three warehouse buildings totaling 13,500 SF sit on a 2.37-acre lot with mostly paved parking.
Where is this warehouse located?
The property is located at 71 Irons St Toms River, NJ.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Three warehouse buildings totaling 13,500 SF; 2.37‑acre lot (Block 566.02, Lot 6); Zoned VB – Village Business
