255 Route 37 E

Toms River township is located at the heart of the Jersey Shore region. It is a bedroom suburb of New York City in the New York metropolitan area and is a regional commercial hub in central New Jersey. The are bosts more than 75,000 people in 3 miles and average household incomes around $150,000. The Subject Property benefits from high traffic counts of approximately 38,000 vehicles daily. It has outstanding visibility with roughly 200 feet of frontage on Route 37. Route 37 serves as the major east-west route through the Toms River area, as well as the main route to the Barnegat Peninsula. Route 37 intersects many major roads in the Toms River area, including County Route 527 (CR 527), the Garden State Parkway/U.S. Route 9, Route 166, CR 549, and CR 571. Investing in Toms River, New Jersey, offers both a combination of suburban allure and the access to urban areas. The market has shown consistent property value appreciation, driven by continued housing demand and growing population. Some reasons for this are proximity to beaches, parks, and recreational activities are attractive for individuals, families and retirees alike.National Storage Partners is pleased to offer this approved, Class-A Self-Storage Development opportunity in the hert of a growing community with high market rents and approvals to construct a three-story, 76,000 gross square feet, climate-controlled building, including an additional 12,640 square feet of exterior drive-up units and 8,500 square feet of highly coveted, exterior parking. The newly constructed facility will have approximately 71,190 total net rentable square feet upon completion. The Subject Property was previously used as off-site vehicle storage by an automobile dealership and is located in a Highway Business Zone (HB) zoning district, where self-storage is permitted as-of-right. Sponsor’s proposed development, with a maximum height of 45’ and maximum building coverage ratio of 25%, satisfies all the land-use and zoning parameters set forth by the HB zoning ordinance, and was granted site plan approval from the township of Toms River. Sponsor is presently subdividing the property to separate the Subject Property from the approximate 6,000 SF freestanding retail building located to the west.