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Investment Highlights

  • Highly visible location on Route 37 East with 390 feet of highway frontage.
  • Zoned for both commercial and residential use, offering flexible development options.
  • Minutes from beaches, Seaside Boardwalk, and downtown Toms River, ensuring strong traffic and visibility.
  • Over 300 feet of waterfront access on Barnegat Bay with riparian rights included.
  • Total lot size of 26,750 SF across three parcels, including paved parking with handicap space.
  • Dock construction possible, enhancing waterfront usability and value.

Executive Summary

PRICE REDUCED! Highly Visible on busy Rt.37 East, Pelican Island. Only minutes from the beach, Seaside Boardwalk or downtown Toms River. Current store features nautically themed articles, antique products, concrete statuary, and decorative items. Continued commercial use could include a surf & beach shop; snow & surf shop; fast food; sub shop - opportunities are endless.
This .65 acre property is also zoned for residential use – build your single or two- family dream home on this fantastic Barnegat Bayfront property featuring majestic views and beautiful sunsets. Over 300 feet of waterfront access facilitates the construction of a bulkhead and dock. Site is a must see!

Attachments

Flyer_2178_TR

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,400 SF
Building Class
C
Year Built
2016
Price
$1,857,357 CAD
Price Per SF
$773.90 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.08
Lot Size
0.65 AC
Zoning
R-40B
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

TD Bank
ACME

Property Taxes

Property Taxes

Parcel Number
08-01070-01-00019
Land Assessment
$267,459 CAD
Improvements Assessment
$525,013 CAD
Total Assessment
$792,472 CAD
  • Listing ID: 26758126

  • Date on Market: 2022-10-02

  • Last Updated:

  • Address: 401 E Route 37, Toms River, NJ 08753

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