1 Plaza DrToms River, NJ 08757

  • Commercial real estate
  • 38,548 SF
For Sale
$550,000 View listing

Property Details for 1 Plaza Dr

Year built
1984
Lot size
6.16 AC
Property size (Sq ft)
38,548 SF
Zone code
PRRC
Property type
Commercial real estate
APN
06 00004- 306-00001
APU
60000430600001

Description

Holiday City Plaza II, a single-story retail complex in Toms River, NJ (08757), offers 38,548 square feet of space across 12 suites. Located at 1 Plaza Dr, near Mule Road, this property boasts high visibility in a bustling commercial corridor within the Holiday City Berkeley submarket. Currently, three suites are available for lease, ranging from 1,287 to 14,389 square feet. The largest suite (14,389 sq ft), a former dialysis center, is divisible to accommodate various business needs. The property features ample parking with 170+ spaces. Built in 1984, the building is zoned PRRC (Planned Residential Retirement Community) and sits within a large adult community of over 14,000 homes, ensuring a substantial customer base. Leases are NNN, with tenants responsible for their utilities and CAM charges, currently set at $7.00 per square foot. Additionally, approximately 10,000 square feet of space is available for purchase as condominium units, priced at $250.00 per square foot. The Ocean County property (APN: 06-00004-306-00001) presents a unique opportunity for businesses seeking established presence in a thriving community. Detailed floor plans for each available suite are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,691,007
    Hospitality
    $8,876,911
    Educational
    $7,385,486
    Medical
    $7,639,484
    Retail
    $11,488,533
1 Plaza Dr, Toms River, New Jersey

Location Insight

City
Toms River
County
Ocean
State
New Jersey
Latitude
39.9686
Longitude
-74.2433
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$73,957
$1,742,000
$1,506,000
$3,248,000
-
$1,742,000
$1,506,000
$3,248,000

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