1508 - Toms River, New Jersey Commercial Real Estate 0 Listings

1508 - Toms River, New Jersey: A Premier Destination for Commercial Real Estate

Introduction

Toms River, New Jersey, coded as 1508 for real estate purposes, is a strategic hub for commercial real estate (CRE) activities. As the county seat of Ocean County, Toms River boasts a vibrant economy with a mix of industries such as healthcare, retail, and logistics. Its advantageous location near major transportation routes makes it a focal point for commercial growth. The city's commitment to economic development and its diverse real estate market make it an attractive destination for CRE professionals.

Economic and Industry Overview

Toms River's economy is anchored by sectors including healthcare, retail, and logistics, which collectively drive demand for various commercial property types like office spaces, industrial parks, and retail centers. The city benefits from initiatives led by regional economic development agencies, such as the Ocean County Department of Business Development & Tourism.

Healthcare: The presence of major healthcare providers necessitates office and medical spaces.
Retail: A thriving retail sector supports the demand for commercial retail properties.
Logistics: Proximity to major transport routes enhances the demand for industrial and warehouse spaces.

Strategic Location and Transportation Infrastructure

Toms River's strategic position is underscored by its comprehensive transportation network:

Highways: Access to the Garden State Parkway and Route 37 enhances connectivity.
Ports & Airports: Proximity to Port Newark-Elizabeth and Atlantic City International Airport facilitates logistics.
Rail Lines: Access to freight rail services supports industrial operations.

For more information, visit the New Jersey Department of Transportation.

Commercial Real Estate Inventory & Zoning

Toms River is characterized by a diverse array of CRE submarkets including:

Central Business District (CBD): A hub for office and retail spaces.
Industrial Corridors: Areas designated for warehousing and logistics.
Innovation Districts: Zones fostering tech and creative industries.

The city's zoning maps and parcel viewers provide detailed insights into zoning regulations and incentives for developers.

Major Employers and Institutions

Toms River hosts several major employers and institutions that significantly influence CRE demand:

Community Medical Center: A leading healthcare provider.
Ocean County College: A center for education and workforce development.

For more details, explore the Ocean County Economic Development Corporation.

Notable Commercial Developments & Projects

Significant developments in Toms River include:

Ocean County Mall Expansion: A major retail redevelopment.
Public-Private Partnerships: Initiatives aimed at economic revitalization.

For planning details, check the Toms River Planning Board.

Building Permits, Planning, and Development Tools

For developers seeking to engage in Toms River's CRE market, the following resources are essential:

Market Data & Economic Reports

Leverage public datasets and economic reports for comprehensive market analysis:

Census.gov
New Jersey Open Data Portal
Economic impact reports offer valuable insights into the city's CRE dynamics.

At Brevitas, we utilize AI-powered aggregation from public data and internal insights. Explore our Brevitas-powered dashboards for Toms River's market insights.