25 Route 37 Toms River, NJ 08753
- Commercial real estate
- 7,590 SF
- 0.40 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 25 Route 37
- Year built
- 1977
- Construction
- FRAME
- Lot size
- 0.40 lot acres
- Property size
- 7,590 SF
- Zone code
- HB
- Property type
- Commercial real estate
- APN
- 08 00611-0000-00020
- APU
- 800611000000020
Description
This exceptional investment opportunity presents three office buildings totaling approximately 9,954 square feet situated on a 0.832-acre lot at 25, 21, and 17 Route 37 East in Toms River, New Jersey. The main building, located at 25 Route 37 East, boasts 5,740 square feet across two stories, featuring private offices, spacious work areas, and a conference/training room. While not handicap accessible, this building will be delivered vacant. Two additional buildings, 21 and 17 Route 37 East, are currently under short-term leases. Building 21, at approximately 1,500 square feet, is a two-story structure with basement storage and first-floor handicap accessibility. Building 17 offers approximately 2,714 square feet with separate entrances for each floor. All three buildings are being sold as a package. This prime location offers 296 feet of frontage on Route 37 East, just one-eighth of a mile from the Garden State Parkway, exit 82, making it the first office building just off the Parkway. The property is zoned HB - Highway Business and includes approved plans for a future three-story, approximately 12,000 square foot building. The property was built in 1977 and has been owned for nearly 50 years, representing a rare opportunity for ownership. The Ocean County location, with its APN 08-00611-0000-00020, offers significant potential for growth and return on investment. The asking price for this entire portfolio is $3,250,000.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,239,000
- AI Estimate
- $634,000
Market price range: $1.24M - $2.92MMarket price range: $541k - $1.54M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Toms River
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.198
- Latitude
- 39.9633
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA