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    463 Rte 9 Hwy Waretown, NJ 08758

    For Sale
    $575,000

    Busy location, barber shop, 2 apartments.

    Property size:
    2,300 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional mixed-use property, located at 463 S Route 9 Highway in Waretown, NJ, presents a unique investment opportunity. The 2,300 square foot building sits on a 0.15-acre lot and is currently configured as a thriving barber shop with two additional rental units. This provides immediate income potential and diverse revenue streams. The property's prime location on Route 9 ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The barber shop is established and operational, offering a turnkey business opportunity for a new owner. The two additional units provide further rental income potential, either as residential or commercial spaces, depending on the buyer's needs. A fenced-in yard adds to the property's appeal and provides a secure outdoor space. The property's versatility makes it suitable for a variety of uses, allowing for expansion or adaptation to meet evolving market demands. This is an excellent chance to acquire a well-situated, income-generating property in a bustling commercial area. The asking price is $575,000. Serious inquiries are encouraged.

    Property Features for 463 Rte 9 Hwy

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,300 SF
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1960
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Waretown
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.19591
    Latitude
    39.79187

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    FAQs

    What type of property is this?
    Mixed-use property - Busy location, barber shop, 2 apartments.
    Where is this mixed-use property located?
    The property is located at 463 Rte 9 Hwy Waretown, NJ.
    What is the asking price?
    The asking price for this property is $575,000.
    (609) 693-4600
    Request Owner's contact information
    463 Rte 9 Hwy 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
    463 Rte 9 Hwy Waretown, NJ 08758
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