1131 Hooper Ave, Toms River, NJ 08753
This exceptional commercial land opportunity, located at 1131 Hooper Ave in Toms River, New Jersey (zip code 08753), offers 1-2 acres of developable land with 415 parking spaces. The property boasts a highly desirable location, situated adjacent to the Seacourt Pavilion and Ocean County Mall, ensuring high visibility and accessibility. This strategic location benefits from four-way access to signalized intersections at Hooper Avenue, Caudina Avenue, and Route 571, experiencing a daily traffic count of 25,724 vehicles. The area sees a significant increase in traffic during the summer months due to beach tourism. The site is surrounded by established national tenants including HomeGoods, Marshall's, AMC Theatres, and Ashley HomeStore, creating a strong retail environment. Further enhancing the area's appeal is a proposed +/- 70,000 square foot Veteran's Administration facility currently under construction on the south side of Caudina Avenue. Ideal uses for this property include medical facilities, banking institutions, fast-food restaurants, and automotive businesses. This is a rare opportunity to acquire a prime commercial parcel in a thriving retail corridor with exceptional visibility and access. The property is zoned for commercial use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.