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29241811
29241812

190 St Catherine Blvd, Toms River, NJ 08755 For Sale

SG
NJ 1974364
Marcus & Millichap - New Jersey
AC
NJ 0791092
Marcus & Millichap - New Jersey
BH
NJ 1541064
Marcus & Millichap - New Jersey
Listed by Marcus & Millichap - New Jersey
$2,520,000
188 days on market
Updated 34 days ago

Social Security Administration

Details
Property Type Office
Sub Type Executive Office
Net Rentable (SqFt) 7,440
Cap Rate 7.00%
NOI $209,514
Tenancy Single
Lease Type NN
Year Built 2000
Year Renovated 2025
Acreage 1.240
Zoning RHB
Parking Spaces 48 spaces
Investment Type Net Lease

Office | 7.00% CAP

Marketing description

Marcus & Millichap is pleased to exclusively present 190 St Catherine Blvd, Toms River, Ocean County, New Jersey.

Investment highlights

  • Freestanding Social Security Administration Building Located in Toms River, Ocean County, New Jersey

  • In July 2025 Federal GSA / SSA Invested $1.4MM ($190 PSF) in New Construction, Gutting and Rebuilding Facility, Including New Roof

  • Only SSA Location Serving 100,000 Retirees in More than Two Dozen Age-Restricted Senior Communities, Including 45,000 in Manchester (45% Seniors), and 44,000 in Berkeley (43% Seniors),Among the Highest Retiree Population in the United States

  • Adjacent to the New Community Medical Center and Children's Specialized Hospital – 2023 Construction - 86,000 SF Imaging, Ambulatory Surgery, Therapy & Pediatrics Center

  • Operating in this Location Since 1996 – Two, Five Year Options to Renew

  • Excellent Parking: 6.45 Spaces / 1,000 Square Feet

  • Easy Access to Route 37 and the Garden State Parkway

  • Nearby National Tenants Include: Walmart, Wawa, McDonald's, Bank of America, Chase Bank, Taco Bell, AutoZone and More

Listing Contacts

SG
NJ 1974364
Marcus & Millichap - New Jersey
AC
NJ 0791092
Marcus & Millichap - New Jersey
BH
NJ 1541064
Marcus & Millichap - New Jersey
Listed by Marcus & Millichap - New Jersey

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$209,514.00
$17,459.50/mo

Valuation Metrics

0
DSCR
8.31%
Cap Rate
8.31%
ROI

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Additional Information

Name
Seth Goldberg
License
1974364
Brokerage
Marcus & Millichap
Brokerage Phone
201-742-6100
Title
Salesperson
Brokerage Address
250 Pehle Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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