Economic Development & Redevelopment

Redevelopment Plans are prepared for designated Areas in Need of Redevelopment and Areas in Need of Rehabilitation. Both designated areas are identified by the governing body per recommendation of the Planning Board and incompliance with state statue for focused planning and economic incentives to stimulate development.  The Township of Toms River has five (5) approved Redevelopment Plans, one of which is almost built out.  The plans identified below are active plans in various stages of redevelopment.  


Micro-Enterprise Grant Program:

About:


The Township of Toms River operates a Micro-Enterprise Grant Program when funding allows.  The program is funded utilized Community Development Block Grant Funding.  Eligible businesses are business with 5 or fewer employees (including owners) and that are low/moderate income or creating new jobs of which 51% will be for low/moderate income employees.  The intent of the program is to assist small startups to begin and grow their business.  

In 2019, one $5,000 grant was awarded.  The program has been reopened to accept applications for the two remaining grants.  The maximum request per business is $5,000.  The applications will be accepted until November 22, 2019.  More information is provided in the links below:

Application:

To view the application please click on micro-enterprise application.   

Frequently Asked Questions:

To view the frequently asked questions click on Frequently Asked Questions for the Micro-Enterprise program.

Micro-Enterprise documents:

To view other documents such as business plan template, cash-flow template, DUNS number information, etc. please click on Microenterprise Documents.



Current Redevelopment Plans

  1. Hooper-Caudina Redevelopment
  2. Coates Point Redevelopment
  3. Downtown Core Redevelopment
  4. Downtown Phase I Waterfront Redevelopment

Hooper Caudina Redevelopment Model v2 SEHooper-Caudina Redevelopment Plan

The goal of the Hooper-Caudina Redevelopment Plan is to promote the development of a campus for a new Veterans Affairs (VA) clinic for Ocean County, situated with convenient access to related services for veterans and the public at large. The relocation of the post office to the same campus and the connection of the campus with the adjacent office park where the County is planning on building new office facilities to house several County departments, including the Office of Veterans Affairs, will address multiple needs for veterans in a single destination. The redevelopment area would be connected to Seacourt Pavilion and the approved multifamily development adjacent to the Redevelopment Area will include affordable units for which veterans preference can be offered.

Guiding Objectives

The redevelopment of the Hooper-Caudina Redevelopment Area is to be guided by the following objectives:

  • Provide health services and create new employment with convenient access to a mix of residential, business retail commercial and entertainment uses
  • Encourage development that will help promote interconnected uses
  • Ensure that all buildings are consistent with and enhanced by high-quality streetscape amenities
  • Enable major new facilities to reenergize existing retail centers along the Hooper Avenue corridor and support the economic viability of the Ocean County Mall

The Hooper-Caudina Redevelopment Plan was adopted by Township Council on February 26, 2019.

Hooper-Caudina Redevelopment Plan

Hooper-Caudina Redevelopment Plan animated simulation