Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    860 Fischer Blvd Toms River, NJ 08753
    Back to Search
    Property profile & analytics

    860 Fischer Blvd Toms River, NJ 08753

    View on Map
    • Shopping centers
    For Lease
    View Listing →
    Anchored Retail Center For Lease For Lease
    Contact for pricing
    88,000 SF

    Anchored Retail Center For Lease

    88,000 SF retail center anchored by ShopRite.

    860 Fischer Blvd, Toms River, NJ 8753
    View Listing
    Property ID
    US59-1688198
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ShopRite of Fischer Bay / Grocery & Convenience Store / Food Market
    • Manhattan Bagel / Cafe & Coffee Shop
    • Bay Cleaners Inc / (Bike/Boat/Book/etc) Store
    • Charlie's Pizza / Restaurant
    • ShopRite Pharmacy of Fischer Bay / Pharmacy

    Property Details for 860 Fischer Blvd

    Year built
    1994
    Property type
    Shopping centers
    Property subtype
    Commercial real estate

    Description

    Bay Plaza is an 88,000 square foot retail center anchored by a high-volume ShopRite, the area’s leading grocery store. Built in 1994, the property has a strong 30-year presence and is strategically located at a prominent intersection with excellent retail fundamentals. The center features a diverse mix of tenants that drive consistent foot traffic, making it an ideal neighborhood shopping destination. It benefits from high visibility, with daily traffic counts of 20,000 vehicles on Fischer Boulevard and 19,000 on Bay Avenue, along with multiple points of access.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Toms River
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.1345778
    Latitude
    39.9709166

    Comparable in this City

    • Contact for pricing

      Retail Space in New Shopping Center

      Upscale retail spaces available in high-traffic shopping center.
      1922 Hooper Ave, Toms River, NJ 08753
      View Details
    • Contact for pricing
      2,750 SF

      Prime Retail Space Available

      Retail space for lease in high-traffic Toms River location.
      31-71 Highland Pkwy, Toms River, NJ 08753
      View Details
    • Contact for pricing
      6,933 SF

      Retail Space on Route 37

      Prime retail opportunity near Garden State Parkway and popular retailers.
      1 Nj-37, Toms River, NJ 08753
      View Details
    • Contact for pricing
      2,504 SF

      Retail Space Near Ocean County Mall

      Retail spaces available across from Ocean County Mall.
      1232 Hooper Ave, Toms River, NJ 08753
      View Details
    • Contact for pricing
      536 SF

      Retail Space in Toms River

      Shopping center with spaces available for lease in Toms River.
      953 Fischer Blvd, Toms River, NJ 08753
      View Details
    • Contact for pricing
      1,920 SF

      Retail Space on Route 37

      Retail space available in Toms River Mall on Route 37.
      1214 Route 37 E, Toms River, NJ 08753
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Space in Toms River

      Retail space available in a strong neighborhood center.
      1350 Hooper Ave, Toms River, NJ 08753
      View Details
    • Contact for pricing

      Retail Space in Ocean County

      Retail property with pad site and shop space available for lease.
      1001 Fischer Blvd, Toms River, NJ 08753
      View Details
    • $650,000

      Granite and Stone Retail Business

      Established granite and stone retail business for sale in Toms River.
      Hooper Ave, Toms River, NJ 08753
      View Details
    • $1,800,000

      Retail Property with Laundromat Business

      Retail property for sale including laundromat business and ample parking.
      18 James St, Toms River, NJ 08753
      View Details
    • $4,175,000
      20,000 SF

      Downtown Toms River Landmark Building

      Landmark building in the heart of Downtown Toms River.
      44 Washington St, Toms River, NJ 08753
      View Details
    • $650,000
      4,206 SF

      Downtown Toms River Commercial Building

      Prime commercial building in downtown Toms River, great investment opportunity.
      43 Main St, Toms River, NJ 08753
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,750 SF

      Prime Retail Space Available

      Retail space for lease in high-traffic Toms River location.
      31-71 Highland Pkwy, Toms River, NJ 08753
      View Details
    • Contact for pricing
      536 SF

      Retail Space in Toms River

      Shopping center with spaces available for lease in Toms River.
      953 Fischer Blvd, Toms River, NJ 08753
      View Details
    • Contact for pricing
      1,920 SF

      Retail Space on Route 37

      Retail space available in Toms River Mall on Route 37.
      1214 Route 37 E, Toms River, NJ 08753
      View Details
    • Contact for pricing
      3,375 SF

      Retail Space in Neighborhood Center

      Available retail space in a strong neighborhood shopping center.
      1358 Hooper Ave, Toms River, NJ 08753
      View Details
    • Contact for pricing
      34,097 SF

      Retail Space in Toms River

      Retail space in the heart of Toms River trade area.
      635 Bay Ave, Toms River, NJ 08753
      View Details
    • Contact for pricing
      6,933 SF

      Retail Space on Route 37

      Prime retail opportunity near Garden State Parkway and popular retailers.
      1 Nj-37, Toms River, NJ 08753
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    860 Fischer Blvd
    Toms River, NJ 08753
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    860 Fischer Blvd, Toms River, NJ, 08753
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!