3324 New Jersey 37

Toms River, NJ 08753

Listing ID: 187205
$4,500,000
For Sale
  • Lot Size Acres 2.140
  • Building Sq Ft 25,000
  • Building Price per Sq Ft $180.00
  • Land Sq Ft 93,218
  • Land Price per Sq Ft $48.27
Description

This is a unique property with rental income.

1) 24 Rooms motel with office and managers apartment.

2) 3 bedroom apartment currently for personal use and can be rented out.

3) Approval in works for 13 additional rooms and approx. 5000 sq ft apartment.

4) Additional rental income coming from separate building on the property.eat

Being near water and seaside resort it is a great summer daily and weekly rental business.

Great visibility and parking.

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population5,42941,612101,104
Population Median Age404141
Population by Age0-9 Yrs689 (12%)4688 (11%)11434 (11%)
10-19 Yrs653 (12%)5168 (12%)12799 (12%)
20-29 Yrs695 (12%)4971 (11%)12431 (12%)
30-39 Yrs751 (13%)5286 (12%)11644 (11%)
40-49 Yrs587 (10%)4719 (11%)12972 (12%)
50-59 Yrs714 (13%)6149 (14%)15162 (14%)
60-69 Yrs744 (13%)5955 (14%)13429 (13%)
70+ Yrs597 (10%)4676 (11%)11232 (11%)
Median HH Income$76,624$80,907$80,684
Total Household Income< 24K223 (10%)2172 (13%)5327 (13%)
25-49K399 (19%)2815 (17%)6715 (17%)
50-74K378 (18%)2308 (14%)5685 (14%)
75-99K451 (21%)2734 (17%)5747 (15%)
100-199K521 (25%)4714 (29%)11700 (30%)
200K+86 (4%)1139 (7%)2895 (7%)
Highest Education LevelNo Diploma25718624596
Diploma or GED1491975323193
Some College776604414433
Assoc. Degree33323386018
Bachelors Degree683614815099
Higher Degree29931857413
Total Housing Units2,63224,41954,118
--Owner-Occupied1,65012,45530,045
--Renter-Occupied4083,4278,023
Owner-Occupied Values< 100K30239655
100-199K38215743769
200-299K640451911087
300-399K21925926468
400-499K13112563111
500K+24822764955
Total Working Age Population4,34233,90581,987
In Work Force2,79521,96953,302
Not In Work Force1,54611,93628,686
Workforce Employed2,67120,50849,933
Workforce Unemployed1241,4533,274
Civlian Workforce2,79521,96253,207
Military Workforce0794
Total Households2,05815,88238,069
Family Households1,35810,99026,666
Non-Family Households7014,89111,402
Married Couple9348,09220,036
Other Family4242,8986,630
Married w/Child3752,8687,364
Single Male w/Child68312814
Single Female w/Child1051,1812,564

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
New Jersey8,414,350+48,791,894+49,132,700+49,530,900
Ocean County510,916+13576,567+4600,300+7644,100

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Directions
Listing Agent
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victor vaid

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