Property profile & analytics
207 Rte 37th E Toms River, NJ 08753
- Commercial real estate
- 3,524 SF
- 10.00 lot acres
OFF-MARKET
Value Estimations
$595,000
Show details
Cap Rate Potential
9.3%
Commercial real estate
Location Intelligence
Property ID
US59-1764763
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Commercial real estate
Property Details for 207 Rte 37th E
- Year built
- 2000
- Construction
- CONCRETE BLOCKS
- Lot size
- 10.00 lot acres
- Property size
- 3,524 SF
- Zone code
- HB
- Property type
- Commercial real estate
- APN
- 08 00647-0000-00026- 01
- APU
- 80064700000002601
Description
This exceptional retail opportunity presents a 4,000 square foot vacant space located at 207 Route 37 in Toms River, New Jersey. Situated in Ocean County, this property offers a prime location with high visibility and significant traffic volume along a major thoroughfare. The building is classified as a commercial, anchored pad site, providing excellent exposure and accessibility for potential tenants. The entire 4,000 square feet is currently available for lease, presenting a unique chance to establish or expand a business in a thriving market. Ample parking is available with 398 spaces, ensuring convenient access for customers and employees. The property's multiple tenancy structure allows for flexibility and potential for synergistic businesses. This location in Toms River, zip code 08753, offers a strong demographic profile and is easily accessible from major roadways, making it an ideal location for a variety of retail businesses. The property's size and location make it suitable for a wide range of retail concepts, from restaurants and shops to service-based businesses. Interested parties are encouraged to inquire for further details and leasing information. This is a rare opportunity to secure a substantial retail space in a high-traffic area of Toms River.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $440,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $680,000
- 6.5%
- $625,000
- 7%
- $580,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $717,000
Market price range: $251k - $717k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $900,000 Current use
- OFFICE BUILDING
- $840,000 Change: -7% Conversion: Easy
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Toms River
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.1836
- Latitude
- 39.9614
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$201,560
$6,000,000
$6,076,700
$12,076,700
-
$6,000,000
$6,076,700
$12,076,700
