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Property profile

780 Route 37 Toms River, NJ 08753

OFF-MARKET
Office Spaces
2,809 SF Built 2008
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Property summary

AI-generated overview

This exceptional Class A medical/professional office condominium, located at 780 Route 37 West, Unit 230, Toms River, NJ 08753, offers 2,809 square feet of raw space, perfect for customization. Situated in the RHB zone, it's ideally suited for general and medical offices. The property boasts a convenient location, just three-quarters of a mile from RWJ/St. Barnabas Medical Center and GSP Exit 82A, and a mile from significant 55+ communities. Built in 2008, this three-story building features ample parking, a covered front entrance, and two passenger elevators—one accommodating gurney dimensions. Each unit includes approximately 692 square feet of basement storage. The asking price is $550,000, translating to $195.80 per square foot. Signage opportunities are available. The condominium is zoned RHB - Rural Highway Business, and the APN is 08-00411-0000-00083-0000-C0230. This owner/user investment presents a unique opportunity to establish a thriving practice in a prime location.

Property profile

Verified
Property type Office Spaces
Year built 2008
Total area 2,809 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor
  • Electrical Service General Contractor

Location

780 Route 37 Toms River, NJ 08753
Toms River metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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