25 E Route 37
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25 E Route 37
5,740 SF Office Building Toms River, NJ 08753 £2,551,221 (£444/SF)
Investment Highlights
- 3 Parcel ID's for the 3 separate properties: 08-00611-0000-00020; 08-00611-0000-00019; 08-00611-0000-00017
- Prime location
- Lot size is 296 x 135 with 296 feet of frontage on Route 37 East
- First time available in almost 50 years.
Executive Summary
ROUTE 37 EAST INVESTMENT PROPERTY - 3 Office Buildings set on .832 acres on prime Route 37 East location, just 1/8 of a mile from GSP exit 82. This is the first office building just off of the Parkway. Main building at 25 Route 37 features 5740 square feet, 2 stories, private offices, large works spaces and conference/training room. This building is not handicap accessible, and will be delivered vacant.
2 additional office buildings, 21 Route 37 and 17 Route 37 are leased on short term leases. 21 Route 37 East is a +/- 1,500 SF two story office, with additional basement storage. The first floor is handicap accessible. 17 Route 37 is +/- 2,714 SF office with separate entrances for each floor. All three properties are being sold as a package.
Sale includes approvals for a +/- 12,000 square foot three story office building.
Seller is licensed Broker-Salesperson in the State of NJ.
2 additional office buildings, 21 Route 37 and 17 Route 37 are leased on short term leases. 21 Route 37 East is a +/- 1,500 SF two story office, with additional basement storage. The first floor is handicap accessible. 17 Route 37 is +/- 2,714 SF office with separate entrances for each floor. All three properties are being sold as a package.
Sale includes approvals for a +/- 12,000 square foot three story office building.
Seller is licensed Broker-Salesperson in the State of NJ.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,740 SF
Building Class
C
Year Built
1976
Price
£2,551,221
Price Per SF
£444
Tenancy
Single
Number of Floors
2
Typical Floor Size
2,870 SF
Building FAR
0.33
Land Acres
0.40 AC
Zoning
HB - Zoned Highway Business
Parking
40 Spaces (6.97 Spaces per 1,000 SF Leased)
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 2nd Floor
- 5,740 SF
- Office
- Full Build-Out
- 120 Days
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 5,740 SF | Office | Full Build-Out | 120 Days |
2nd Floor
| Size |
| 5,740 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 120 Days |
Walk Score ®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 08-00611-0000-00020 | Improvements Assessment | £694,656 |
| Land Assessment | £189,602 | Total Assessment | £884,258 |
PROPERTY TAXES
Parcel Number
08-00611-0000-00020
Land Assessment
£189,602
Improvements Assessment
£694,656
Total Assessment
£884,258
-
Mark Kotzas -
Crossroads Realty Inc.
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25 E Route 37
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