Property summary
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
VerifiedCap rate & NOI
Current use
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Physician
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Physician Hospital
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Physician
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Physician
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Medical Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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