The toy car of jess is new

But -- what is your question?

"toy car of jess" <~~that's a very cumbersome way to express possession in English.

It's smoother to say, "Jess's toy car is new."

http://www.chompchomp.com/terms/apostrophe.htm

It seems like you're stating a fact about a toy car belonging to someone named Jess. Is there anything specific you would like to know or discuss about the toy car?