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    763 Hulses Corner Road Howell Township, NJ 07731

    Sponsored
    For Sale
    $900,000

    6-Acre Turnkey Landscape Business & Property

    Property size:
    2,620 SF

    Property Features for 763 Hulses Corner Road

    General Information

    Property type
    Other mixed-use properties
    Square Feet
    2,620 SF
    Price / Square Foot
    $343
    Elevators
    N/A

    Overview

    Turnkey Landscape Business & Property

    Located in Howell Township, NJ, this mixed-use property features a turnkey landscape design and hardscape company. The property spans 6 acres and includes over 2,620 square feet of combined residential and office/garage buildings, along with an additional 900+ square feet of hoop fabric garages used for storage. A rented residential home on the property generates passive income, supplemented by income from several commercial tenants. The sale encompasses the established business, including its revenue and profit streams, inventory, equipment, and existing client records. The property is equipped with irrigation, septic systems, and two deep wells. With over 30 years of experience, the business serves a high-net-worth clientele in Monmouth County, specializing in large-scale landscape and hardscape installations and maintenance. The current owner is willing to remain as a consultant to facilitate a smooth transition. The business currently operates with limited advertising and marketing, presenting a growth opportunity for a new owner interested in expansion and marketing efforts. Detailed financial information, including revenue, expenses, inventory, tenant income, and customer records, will be provided upon request, subject to a signed NDA and proof of funds/prequalification. The property is located at 763 Hulses Corner Road.

    We can help!

    Listing Contact
    Michael Little

    Learn more

    Property Insight Report

    HighLights

    • 6‑acre property in Howell Township, NJ, includes a residential home and commercial buildings.
    • Turnkey landscape business with established clientele and significant rental income included.
    • 2,600+ sq ft of buildings, plus storage structures, irrigation, and two deep wells.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    City
    Howell Township
    State
    New Jersey

    FAQs

    What type of property is this?
    Mixed-use property - 6-Acre Turnkey Landscape Business & Property
    Where is this mixed-use property located?
    The property is located at 763 Hulses Corner Road Howell Township, NJ.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: 6-acre property in Howell Township, NJ, includes a residential home and commercial buildings.; Turnkey landscape business with established clientele and significant rental income included.; 2,600+ sq ft of buildings, plus storage structures, irrigation, and two deep wells.
    (732) 267-3980
    Request Owner's contact information
    763 Hulses Corner Road Howell Township, NJ 07731
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    Howell Township, NJ 07731
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    763 Hulses Corner Road Howell Township, NJ 07731
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    We can help!
    Listing Contact
    Michael Little
    (732) 267-3980
    Learn more
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