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Property profile

552 Commons Way Toms River, NJ 08755

OFF-MARKET
Office Spaces
920 SF
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Property summary

AI-generated overview

This exceptional 920-square-foot medical office condominium is ideally situated in Toms River, New Jersey, within the Commons complex. This single-story, Class B building offers a prime location near RWJ/St. Barnabas Community Medical Center Hospital and a mere quarter-mile from the Garden State Parkway's exit 82, ensuring convenient access for both patients and staff. The unit itself boasts two exam rooms, two bathrooms, a spacious exam room/office, an administrative area, and a reception/waiting room, providing ample space for a thriving practice. A significant advantage is the inclusion of 480 square feet of secure basement storage, a unique feature within the Commons complex. The property is zoned O-10 and is offered as an owner/user investment opportunity. The current monthly condominium fee is $870 (2024). The APN is 08-00409-0000-00018-0000-C0552. This is a one-unit condominium. The asking price is $195,000, translating to $211.96 per square foot. Don't miss this chance to own a well-appointed medical office in a high-demand area.

Property profile

Verified
Property type Office Spaces
Total area 920 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
  • Physician
  • Physician Hospital
  • Physician
  • Physician
  • Medical Clinic

Location

552 Commons Way Toms River, NJ 08755
Toms River metro
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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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