Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2850 Yorktowne Blvd Toms River, NJ 08753

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2850 Yorktowne Blvd Toms River, NJ 08753

    View on Map
    • Neighborhood centers
    • 15,600 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mariner Finance / Loan Service / Bank

    Property Details for 2850 Yorktowne Blvd

    Property size
    15,600 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    Yorktowne Plaza, located at 2850 Yorktowne Blvd in Brick Township, NJ (zip code 08753), offers a prime retail opportunity in Ocean County. This 15,600 square foot strip center features multiple suites, with a total of five available spaces ranging from 675 to 5,605 contiguous square feet. Currently, there is 9,150 square feet of vacant space available, presenting a unique chance for businesses seeking immediate occupancy. The property is ideally suited for a variety of retail uses, given its flexible space options. The address is conveniently located in Toms River, offering excellent visibility and accessibility for customers. The property's location within Ocean County provides access to a substantial consumer base. This is a fantastic opportunity to establish or expand your business in a thriving retail environment. The property is classified as a retail strip center and is available for lease. Interested parties should inquire about available space and lease terms. The minimum divisible space is 675 square feet, while the maximum contiguous space available is 5,605 square feet.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Toms River
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.1655
    Latitude
    39.9722

    Comparable in this City

    • Value Estimation by Request
      102,331 SF

      931-953 Fischer Blvd & Cattus Is Blvd

      Neighborhood centers • 102,331 SF
      931-953 Fischer Blvd & Cattus Is Blvd, Toms River, NJ 08753
      View Details
    • Value Estimation by Request
      2,325 SF

      465 Nj-37

      Restaurants • 2,325 SF
      465 Nj-37, Toms River, NJ 08753
      View Details
    • Value Estimation by Request
      101,166 SF

      635 Bay Avenue & Hooper Ave

      Land • 101,166 SF
      635 Bay Avenue & Hooper Ave, Toms River, NJ 08753
      View Details
    • Value Estimation by Request
      200,000 SF

      1 Nj-37

      Restaurants • 200,000 SF
      1 Nj-37, Toms River, NJ 08753
      View Details
    • Value Estimation by Request
      85,000 SF

      860 Fischer Blvd

      Retail properties & Spaces • 85,000 SF
      860 Fischer Blvd, Toms River, NJ 08753
      View Details
    • Value Estimation by Request
      31,800 SF

      3324 Nj-37

      Individual retail properties • 31,800 SF
      3324 Nj-37, Toms River, NJ 08753
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Mixed-Use Property in Toms River

      Mixed-use property available in Toms River, Ocean County, New Jersey.
      63 Main St, Toms River, NJ 08753
      View Details
    • $150,000
      44,204 SF

      Turnkey Pizza Shop For Sale

      Fully operational pizza shop with equipment, furniture, fixtures, and inventory.
      1922 Hooper Ave, Toms River, NJ 08753
      View Details
    • Contact for pricing

      Retail Space in Ocean County

      Retail property with pad site and shop space available for lease.
      1001 Fischer Blvd, Toms River, NJ 08753
      View Details
    • Contact for pricing

      Retail Space in Toms River

      Retail space available in a strong neighborhood center.
      1350 Hooper Ave, Toms River, NJ 08753
      View Details
    • Contact for pricing
      2,520 SF

      Freestanding Bank Building For Sale

      Former bank branch on 1.33 acres with high visibility.
      1853 Hooper Ave, Toms River, NJ 08753
      View Details
    • $4,175,000
      20,000 SF

      Downtown Toms River Landmark Building

      Landmark building in the heart of Downtown Toms River.
      44 Washington St, Toms River, NJ 08753
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Lease

      Retail property available for lease in Toms River, New Jersey.
      207 Route 37, Toms River, NJ 08753
      View Details
    • Contact for pricing

      Retail/Restaurant Space For Lease

      Retail and restaurant spaces available for lease.
      1240 Hooper Ave, Toms River, NJ 08753
      View Details
    • Contact for pricing

      Anchored Retail Center For Lease

      88,000 SF retail center anchored by ShopRite.
      860 Fischer Blvd, Toms River, NJ 08753
      View Details
    • Contact for pricing
      2,504 SF

      Retail Space Near Ocean County Mall

      Retail spaces available across from Ocean County Mall.
      1232 Hooper Ave, Toms River, NJ 08753
      View Details
    • Contact for pricing

      Retail Space in New Shopping Center

      Upscale retail spaces available in high-traffic shopping center.
      1922 Hooper Ave, Toms River, NJ 08753
      View Details
    • Contact for pricing
      1,920 SF

      Retail Space on Route 37

      Retail space available in Toms River Mall on Route 37.
      1214 Route 37 E, Toms River, NJ 08753
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2850 Yorktowne Blvd
    Toms River, NJ 08753
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!