A fully leased retail property on Main Street has hit the market as interest continues to grow in Downtown Toms River’s redevelopment district.
Toms River, NJ – A commercial building in the heart of Downtown Toms River has been listed for sale, offering investors an opportunity to acquire a fully occupied property within one of the township’s designated redevelopment areas. The property at 43 Main Street is being marketed for $650,000 and includes more than 4,200 square feet of retail and office space.
Key Points
• Fully leased downtown commercial building listed for $650,000.
• Property is located within Toms River’s redevelopment zone.
• Building sits within walking distance of the courthouse, Town Hall, library, and riverfront.
The two-story building encompasses approximately 4,206 square feet and is currently occupied by a long-established business. According to marketing materials, the property generates income through its existing tenant while also offering future redevelopment potential due to its location in the township’s redevelopment district.
At roughly $155 per square foot, the listing positions the property as one of several downtown investment opportunities emerging as municipal leaders continue efforts to revitalize the Main Street corridor.
Prime location in government and business district
One of the property’s strongest selling points is its location. The building sits just steps from the Ocean County Courthouse complex, Toms River Town Hall, the Ocean County Library, and Huddy Park.
Thousands of residents, attorneys, county employees, jurors, and visitors pass through the area each week, making Main Street one of the busiest pedestrian corridors in Ocean County.
The nearby Toms River waterfront and growing number of restaurants have also helped attract renewed attention to downtown in recent years.
Redevelopment zone creates future opportunities
The property lies within Toms River’s designated redevelopment area, where township officials have been encouraging investment and economic growth. While the building is currently occupied, future owners could potentially benefit from redevelopment incentives and expanded permitted uses depending on zoning approvals.
Marketing materials note that buyers should review the township’s Village Business zoning regulations for approved future uses.
The redevelopment designation has become increasingly important as Downtown Toms River continues to compete for investment against larger commercial corridors along Route 37 and Hooper Avenue.
Downtown market gaining momentum
The listing comes at a time when several commercial properties throughout Downtown Toms River are drawing investor attention. Public investments in streetscape improvements, public parking facilities, and redevelopment planning have fueled interest in the district.
Unlike many suburban office properties, downtown buildings benefit from a mix of government offices, restaurants, retail businesses, professional services, and community events that help generate year-round foot traffic.
Parking and accessibility remain advantages
While many downtown properties face parking challenges, the Main Street building benefits from nearby public parking lots and the downtown parking garage. The location also offers convenient access to the Garden State Parkway and NJ Transit bus routes.
For investors seeking a stabilized commercial asset with redevelopment potential, 43 Main Street represents another example of the growing interest in Downtown Toms River as the township works to reshape its urban core.