Property profile

23022328 Rte 37th E Toms River, NJ 08753

OFF-MARKET
Commercial real estate
Property ID
US59-1690660
5,624 SF 4.18 ac lot Built 2000
Entity Owned 24-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2000
Construction FRAME
Total area 5,624 SF
Lot 4.18 ac (182,081 SF)
Zoning code HB
APN 08 00815-0000-00041
UPID US59-1690660

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

23022328 Rte 37th E Toms River, NJ 08753
Toms River metro Census 723300 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$680k
CAP Approach CAP
$1.00M
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$940k

Owner & transaction history

since 2002
2 recorded transactions
2002
$2.2M
2002
$250,000

Zoning & alternative use

HB · Toms River, NJ
Zoning description

Corridor landscape design standards. These standards apply to all properties fronting on N.J. Route 9, N.J. Route 37 and N.J. Route 70 and located in the Highway Business (HB), Rural Highway Business (RHB), Industrial (I…

General category COMMERCIAL

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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