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Flex Property with Detached Shop

Toms River, NJ 08755 Toms River, NJ 08755

Toms River, NJ, 08755
$1,190,000
Pending
For Sale
Claim this Listing
$1,190,000
Pending

COMMERCIAL - Toms River, NJ

Property Size2,619 SF
Lot Size0.89 Acres
AddedMay 26
Days on Market52
Last RefreshJul 16 at 12:06 pm

Property Features

General Information

Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Paved or Surfaced, Parking Lot
Basement
Full
Standard status
Pending
Size
2,619 SF
Lot size
0.89 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
9155

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Floors in Building
2
Flooring type
Vinyl

Listing agent Isaac Nussbaum

Listing office Real Broker, LLC- Toms River 1800 Lakewood Road Ste, Toms River, NJ

Listing date May 26, 2026

MLS# 22615542

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 flex-style commercial property includes an approximately 2,500 SF building with 10 office/bedrooms, 4 bathrooms, and a basement. Also on site is a detached 1,500 SF garage/shop building, offering additional shop and storage space for on-site operations.

The property sits on a corner on Route 9 and borders township-preserved land. The site is listed at 0.89 acres and is zoned LI, supporting industrial-oriented commercial use.

Overall, the layout combines offices and sanitary facilities within the main building alongside a separate detached shop structure designed to support hands-on business needs.

Key Highlights

  • Commercial property on a prime corner on Route 9 with zoning LI
  • Approx. 2,500 SF building with 10‑office/bedroom, 4‑bath layout and basement
  • 1,500 SF detached garage/shop for additional workspace and storage

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 $78.6k $30.00
− Vacancy −$25.1k −$9.60
EGI $53.4k $20.40
− OpEx −$13.4k −$5.10
NOI $40.1k $15.30
2,619 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$572.4K
$500.9K – $667.9K (±1% cap)
NOI $40,071 @ 7.0% cap · market cap 3.37%
Second Best
Flex RnD
$496.7K
$434.6K – $579.5K (±1% cap)
NOI $34,767 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$683.9K
$598.4K – $797.9K (±1% cap)
NOI $47,871 @ 7.0% cap · market cap 4.02%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Similar Off Market Nearby

  • J&D venue — 815 Hooper Ave, Toms River, NJ 08753

FAQs

What type of property is this?
Flex space - Corner commercial property with an office building and detached 1,500 SF garage/shop for yard, shop, and storage uses.
Where is this flex space located?
The property is located at Toms River, NJ.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Commercial property on a prime corner on Route 9 with zoning LI; Approx. 2,500 SF building with 10‑office/bedroom, 4‑bath layout and basement; 1,500 SF detached garage/shop for additional workspace and storage
Contact an agent
More about this property
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