Individually Owned 
For Sale
1 / 13
$650,000
43 Main St, Toms River, NJ 08753
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Property summary
AI-generated overview
This commercial building is located in downtown Toms River on a lot size of 0.07 acres, with a total building area of approximately 4,206 square feet. The property is positioned within walking distance of Huddy Park and the river, and it is near public facilities including the courthouse, library, and town hall, as well as nearby dining and downtown public parking (including a parking lot and parking garage). It has connectivity to major thoroughfares via proximity to the parkway and public transportation. The building includes additional storage space on the second level, accessible from the rear with both interior and exterior entry options.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1935
Construction
CONCRETE BLOCKS
Total area
4,206 SF
Lot
0.07 ac (2,984 SF)
Zoning code
VB
APN
08 00662-0000-00012- 05
UPID
US59-2819689
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Arcade & Gaming Center Electronics & Wireless Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$245k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$235k
Owner & transaction history
since 2020
Last sale
$200,000
1 recorded transaction
Zoning & alternative use
VB · Toms River, NJ
Zoning description
in that portion of the zone west of the rear line of the properties fronting on the west side of Main Street south of Irons Street and all properties north of Irons Street zoned VB Village Business, except that a new use…
General category
COMMERCIAL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 7 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$235k
Value range
$212k – $259k
±10% around blend
Estimated value / SF
$56 / SF
Confidence
High
7 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
70
Income certainty
100
$212k
blend $235k
$259k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,206 SF
Lot area
0.07 ac
Year built
1935
Stories
2
APN
08 00662-0000-00012- 05
Zoning
VB
Assessed value
$395,700
Annual tax
$7,194
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$7,194
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$2.07M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.8 mi away · 3,364 SF
7.4 mi away · 3,610 SF
9.3 mi away · 3,508 SF
9.4 mi away · 3,200 SF
9.5 mi away · 3,217 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$235k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 118 sales
$256
-78%
Submarket 172 sales
$290
-81%
County 852 sales
$288
-81%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $56/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Selected market yield
7.19%
Selected cap rate for this other commercial real estate
Derived from the Toms River market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.19%
9.0%
NOI (est.)
$47k *
Last sale · Feb 2020
$200k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$650k
Move the market yield to see immediate price impact.
Value / SF
$155
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
6.69%7.19%7.69%
$42k
$629k
$585k
$547k
$47k
$699k
$650k
$608k
$51k
$769k
$715k
$669k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$1.95M
3.7 mi · Feb 2026 · $639/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$7,194
Tax year 2022
Assessed value
$395,700
Assessed 2023
Previous assessed
$395,700
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$200,000
Assessed improvement
$195,700
Land market value
$200,000
Improvement market value
$195,700
Total market value
$395,700
Applied tax rate
8.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1935
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Total area
4,206 SF
Lot
0.07 ac (2,984 SF)
Zoning code
VB
APN
08 00662-0000-00012- 05
UPID
US59-2819689
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
VB · Toms River, NJZoning VB · permitted uses
VB · Toms River, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
in that portion of the zone west of the rear line of the properties fronting on the west side of Main Street south of Irons Street and all properties north of Irons Street zoned VB Village Business, except that a new use…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1935
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Lot
0.07 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
VB
COMMERCIAL
Jurisdiction
Toms River, NJ
Recorded code
VB
Official district
VB
Official district profile
What the municipal code says about VB
Zoning description
in that portion of the zone west of the rear line of the properties fronting on the west side of Main Street south of Irons Street and all properties north of Irons Street zoned VB Village Business, except that a new use…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for VB in Toms River, NJ.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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