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1599 Route 9
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2026 | Listed by Keller Williams Shore Properties | $18,000,000 | |
| Listed by Keller Williams Shore Properties | |||
| Apr 7, 2026 | Listed by Keller Williams Shore Properties | $18,000,000 | |
| Listed by Keller Williams Shore Properties | |||
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REICH FARM FOR SALE!! AMAZINIG OPPORTUNITY!! ATTENTION DEVELOPERS/BUILDERS!! One of the last largest parcels of property in Toms River in the LIGHT INDUSTRIAL ZONE on Hwy Rt 9.... Total 22.7 Acres with: APPROVED LAND-1593 Rt 9 w/4.57 Acres***1599 Rt 9 w/7.51 Acres***1593 & 1599 Rt.9 are currently APPROVED for 91,650 sqft of SELF STORAGE...73,686 sqft of WAREHOUSE & 11,252 sqft of OFFICE!! ***The adjoining property is 10.62 Acres & Currently no approvals or concept plan but could develop up to 152,000 sqft of WAREHOUSE or a similar use.***UNAPPROVED LAND-1579 Rt9 w/ 10.42 Acres***1581 Rt 9 w/0.2 acres. BUILDERS/DEVELOPERS & INVESTERS..**PERMITTED USES FOR THIS PROPERTY INCLUDE Light manufacturing, the ware housing & storage of goods & products, excluding the warehousing of storage of hazardous chemicals, Wholesaling or distributing establishments except for used automobiles, Scientific or research laboratories, Executive or administrative office of an industrial or business concern which are not normally involved in conducting business w/ the general public, Federal/State/County & Municipal building grounds. Essential services. Motor vehicle repair garages. Child-Care Centers. Hotels & Motels containing 100 or more units. Mini Warehouse facilities, including one dwelling.
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| Nov 16, 2025 | Listed | $18,000,000 | |
| Listed | |||
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REICH FARM FOR SALE!! AMAZINIG OPPORTUNITY!! ATTENTION DEVELOPERS/BUILDERS!! One of the last largest parcels of property in Toms River in the LIGHT INDUSTRIAL ZONE on Hwy Rt 9.... Total 22.7 Acres with: APPROVED LAND-1593 Rt 9 w/4.57 Acres***1599 Rt 9 w/7.51 Acres***1593 & 1599 Rt.9 are currently APPROVED for 91,650 sqft of SELF STORAGE...73,686 sqft of WAREHOUSE & 11,252 sqft of OFFICE!! ***The adjoining property is 10.62 Acres & Currently no approvals or concept plan but could develop up to 152,000 sqft of WAREHOUSE or a similar use.***UNAPPROVED LAND-1579 Rt9 w/ 10.42 Acres***1581 Rt 9 w/0.2 acres. BUILDERS/DEVELOPERS & INVESTERS..**PERMITTED USES FOR THIS PROPERTY INCLUDE..... Light manufacturing, the ware housing & storage of goods & products, excluding the warehousing of storage of hazardous chemicals, Wholesaling or distributing establishments except for used automobiles, Scientific or research laboratories, Executive or administrative office of an industrial or business concern which are not normally involved in conducting business w/ the general public, Federal/State/County & Municipal building grounds. Essential services. Motor vehicle repair garages. Child-Care Centers. Hotels & Motels containing 100 or more units. Mini Warehouse facilities, including one dwelling.
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| Aug 15, 2025 | Listed | $18,000,000 | |
| Listed | |||
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REICH FARM FOR SALE!! AMAZINIG OPPORTUNITY!! ATTENTION DEVELOPERS/BUILDERS!! One of the last largest parcels of property in Toms River in the LIGHT INDUSTRIAL ZONE on Hwy Rt 9.... Total 22.7 Acres with: APPROVED LAND-1593 Rt 9 w/4.57 Acres***1599 Rt 9 w/7.51 Acres***1593 & 1599 Rt.9 are currently APPROVED for 91,650 sqft of SELF STORAGE...73,686 sqft of WAREHOUSE & 11,252 sqft of OFFICE!! ***The adjoining property is 10.62 Acres & Currently no approvals or concept plan but could develop up to 152,000 sqft of WAREHOUSE or a similar use.***UNAPPROVED LAND-1579 Rt9 w/ 10.42 Acres***1581 Rt 9 w/0.2 acres. BUILDERS/DEVELOPERS & INVESTERS..**PERMITTED USES FOR THIS PROPERTY INCLUDE..... Light manufacturing, the ware housing & storage of goods & products, excluding the warehousing of storage of hazardous chemicals, Wholesaling or distributing establishments except for used automobiles, Scientific or research laboratories, Executive or administrative office of an industrial or business concern which are not normally involved in conducting business w/ the general public, Federal/State/County & Municipal building grounds. Essential services. Motor vehicle repair garages. Child-Care Centers. Hotels & Motels containing 100 or more units. Mini Warehouse facilities, including one dwelling.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017