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Property profile & analytics
OFF-MARKET
Office Spaces

552 Commons Way Toms River, NJ 08755

920 SF
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Vincent Tomasuolo, MD Physician
  • Kedersha Thomas A MD Physician Hospital
  • Dr. James McCaughan Physician
  • Ocean County Family Care Physician
  • Optum Pulmonology - Toms River Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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