Ocean County · Toms River Township · #TRT3080A.04
Mixed use building at West Water & Iron Streets
West Water Street & Iron Street, Toms River Township, NJ · 81,619 sq ft non-residential, mixed use · 3.6 acres
About this project
A site plan for a mixed-use building at West Water Street and Iron Street in Toms River Township, about 81,619 sq ft on 3.6 acres.
Official description: MIxed Use Building
- Applicant
- Meridia Toms River 40 Urban Renewal, LLC
- Engineer / designer
- Dynamic Engineering Consultants, PC
- Plan type
- Site plan
- Land use
- CR
- Status
- Approved with Contingency
The full picture AI research · Nov 1, 2026
The project is a six-story mixed-use building at West Water and Irons Streets in downtown Toms River, on about 3.6 acres. County records list roughly 81,619 sq ft of non-residential space. Press coverage describes the building as mostly apartments with ground-floor shops.
The first plan, approved in December 2021, had two 10-story towers. After the township and developer agreed to a lower design, the planning board approved a revised six-story version in October 2023. That version has about 281 apartments, around 14,700 sq ft of retail, and a two-story parking deck with 389 spaces. It also has an outdoor amphitheater and an elevated boardwalk.
The site was described as a downtown parking lot. The latest county filing, in June 2024, is a site plan for the project. No news was found about a tenant for the retail space.
What it could mean nearby
- Parking: the 389-space enclosed deck plus 22 outdoor spaces is meant to keep residents' cars off the street.
- Housing: about 281 apartments, including 43 reserved as affordable units.
- Public space: an amphitheater and an elevated boardwalk are part of the plan.
- Access: the building would sit very close to West Water Street, on land that includes a county right-of-way. This is why a setback variance was needed.
Where it stands
The planning board approved the revised site plan in October 2023, and a further site plan was filed with the county in June 2024. Next usually come final permits, then construction. No later approval or construction news was found.
- Jun 2024 Latest county filing for the site plan
- Oct 18, 2023 Planning board approved the revised six-story plan, 6-0
- Jul 2023 Township council approved the amended redeveloper agreement, 5-2
- May 2023 Plan to reduce height from 10 stories to six was announced
- Dec 15, 2021 Planning board gave first preliminary and final site plan approval
Want to weigh in? The Toms River Planning Board would hear any further site plan changes at public meetings, where residents may comment.
Who's behind it
Meridia Toms River 40 Urban Renewal, LLC · A single-project company tied to the Meridia apartment brand of Capodagli Property Company, which builds apartment communities in New Jersey.
Around the web
- Revised downtown development to go to Toms River Planning BoardPatchGives the original and revised unit counts, the six-story height, parking, variances and approval dates.
- Hearing on changes to 10-story Toms River waterfront complex set for WednesdayShorebeat · Oct 2023Reports the October 2023 planning board hearing on the revised design.
Planning terms explained
- Site plan
- A detailed drawing of how a property will be laid out, including buildings, parking and access.
- Variance
- Permission to depart from a zoning or redevelopment rule, such as a required setback.
- Setback
- The minimum distance a building must sit back from the street.
- Redeveloper agreement
- A contract between a township and a developer for building on land in a designated redevelopment area.
- Urban renewal entity
- A company formed to carry out one redevelopment project.
Researched by AI from public sources on Nov 1, 2026. It can make mistakes, so check the linked sources and the municipality before relying on it.
Scope estimate for contractors
Estimated construction value: $21.2M
- ~272 roofing squares (assumes 3 stories)
- ~204 tons of cooling (rule of thumb 400 sq ft/ton)
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