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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.
Highlights
Generous 40,000 square foot lot with 296 feet of frontage on Route 37 East.
Excellent visibility and accessibility due to prime Route 37 East location.
Exceptional opportunity; first time on the market in nearly 50 years.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.