Office Space in Toms
890 Commons Way Toms River, NJ 08755
890 Commons Way, Toms River, NJ, 08755
$195,000
For Sale
$195,000
COMMERCIAL - Toms River, NJ
Property Size920 SF
Lot Size0.02 Acres
Price / SF$211.96
Days on Market100
Property Features for 890 Commons Way
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Standard status
- Active
- APN
- 08-00409-0000-00018-0000-C0890
- Size
- 920 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3505
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1986
- Floors in Building
- 1
Listing Agency
Preferred Properties Real Estate
(732) 531-5900
1915 Highway 35 Unit 3, Allenhurst, NJ
Listed by
Karen Gershenbaum · License #0345258
(732) 531-5900
Added: Apr 9 Checked: Jul 17 at 10:06 am
MLS# 22609724
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 is a 920 square foot office space located on the second floor. The property is not handicap accessible due to the absence of an elevator. It is suitable for general office use, excluding medical practices. The Homeowner's Association fee is $529.10 monthly. The property is located in Toms River, New Jersey.
Key Highlights
- 920 sq ft of office space
- Low taxes
- Central Air
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 | $27.6k | $30.00 |
| − Vacancy | −$8.8k | −$9.60 |
| EGI | $18.8k | $20.40 |
| − OpEx | −$4.7k | −$5.10 |
| NOI | $14.1k | $15.30 |
920 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$201.1K
$176.0K – $234.6K
NOI $14,076 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$240.2K
$210.2K – $280.3K
NOI $16,816 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Tyler Beaulieu - Realtor
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - 920 SF office space available for sale in Toms River.
Where is this office units located?
The property is located at 890 Commons Way Toms River, NJ.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 920 sq ft of office space; Low taxes; Central Air
