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    446 Route 9 Waretown, NJ 08758

    For Sale
    $497,000

    High-traffic Hwy 9 location, two buildings.

    Property size:
    576 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional investment opportunity presents a substantial 1.97-acre parcel situated on Route 9 in Waretown, New Jersey. The property boasts significant highway frontage, measuring 252 feet along Route 9 and an additional 604 feet of frontage on the side entrance. This prime location offers unparalleled visibility and accessibility, making it ideal for a variety of commercial ventures or continued multi-family use. Currently, two buildings are situated on the land, both of which are tenant-occupied, generating immediate rental income. The combined square footage of the existing structures totals 576 square feet. The expansive lot size provides ample space for potential expansion, redevelopment, or the addition of new structures, subject to local zoning regulations. Given the high-traffic location and substantial land area, this property presents a rare chance to acquire a significant commercial holding in a desirable New Jersey market. Investors seeking a strong return on investment with significant upside potential should act quickly to secure this exceptional opportunity. The property is being offered at $497,000. All information is deemed reliable but not guaranteed and should be independently verified.

    Property Features for 446 Route 9

    General Information

    Property type
    Residential income properties
    Square Feet
    576 SF
    Lot Size
    85,813 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Waretown
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.19527
    Latitude
    39.78964

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    FAQs

    What type of property is this?
    Residential income property - High-traffic Hwy 9 location, two buildings.
    Where is this residential income property located?
    The property is located at 446 Route 9 Waretown, NJ.
    What is the asking price?
    The asking price for this property is $497,000.
    (609) 978-4046
    Request Owner's contact information
    446 Route 9 Waretown, NJ 08758
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    Waretown, NJ 08758
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    Realmo Value Estimation

    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.

    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.

    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
    446 Route 9 Waretown, NJ 08758
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