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2 Garfield Avenue 2 Garfield Ave 2,160 SF 100% Leased Office Building Toms River, NJ 08753 $1,186,531 CAD ($549.32 CAD/SF) 7.49% Cap Rate
EXECUTIVE SUMMARY
Welcome to 2 Garfield Ave! This prime highway corner commercial property offers unparalleled visibility and exposure. The standalone building, constructed with quality and integrity, features direct highway frontage and is just moments away from popular beach attractions. Ideal for investors or businesses aiming to thrive in the bustling shore area, this location provides easy access to both the local community and visitors alike. Don't miss your chance to own a valuable piece of commercial real estate near the water—this is an exceptional opportunity waiting for you!
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,160 SF
Building Class
B
Year Built
1987
Price
$1,186,531 CAD
Price Per SF
$549.32 CAD
Cap Rate
7.49%
NOI
$88,850 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,080 SF
Slab To Slab
8’
Building FAR
0.29
Lot Size
0.17 AC
Zoning
HB
Parking
8 Spaces (3.7 Spaces per 1,000 SF Leased)
AMENITIES
- Skylights
- Storage Space
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 08-00818-0000-00020 | Total Assessment | $685,746 CAD (2025) |
| Land Assessment | $143,922 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $541,824 CAD (2025) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
08-00818-0000-00020
Land Assessment
$143,922 CAD (2025)
Improvements Assessment
$541,824 CAD (2025)
Total Assessment
$685,746 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023
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