Storefront Commercial
300 Us Highway 9, Freehold, NJ 07728
For Sale
$699,999
Updated commercial building with landscaped grounds, on-site access, and prominent Route 9 frontage.
Property Size1,650 SF
Price / SF$424.24
Days on Market93
Property Features for 300 Us Highway 9
General Information
Standard status
Size
Additional Details
Furnished
Road Access
Listing Agency:
Weichert Realtors-Freehold
Listed By:
Rosaria Marcano
(732) 577-0440
Source:
Soldbypattie
Added: Aug 9
Changed: Oct 25
Last Checked: Oct 7 at 3:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert Realtors-Freehold
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Investment Insights
Based on property information with market context.
This storefront commercial property offers 1,650 SF of space suited to retail, professional office, or service-based operations. The real estate sale excludes the existing business, business name, furniture, personal property, and equipment. Recent property improvements include an approximately 8-year roof, an 8-year furnace/AC system, a well installed in 2022, and a 1-year water heater.
The building is located at 300 US Highway 9 in Freehold, New Jersey, with frontage along Route 9 and designed ingress and egress for vehicle movement. The site includes landscaped exterior areas and an outside shower. The property is offered as a commercial real estate asset for an owner-user or investor seeking a storefront configuration with established site improvements.
The building is located at 300 US Highway 9 in Freehold, New Jersey, with frontage along Route 9 and designed ingress and egress for vehicle movement. The site includes landscaped exterior areas and an outside shower. The property is offered as a commercial real estate asset for an owner-user or investor seeking a storefront configuration with established site improvements.
Key Highlights
- 1,650 SF storefront commercial property
- Prominent frontage along Route 9
- Approximately 8‑year roof and 8‑year furnace/AC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,245
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,900
$504.9K
Cap Rate 7%
$360,643
$360.6K
Cap Rate 9%
$280,500
$280.5K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$49.5K $30.00/SF
− Vacancy
−$15.8K −$9.60/SF
EGI
$33.7K $20.40/SF
− OpEx
−$8.4K −$5.10/SF
NOI
$25.2K $15.30/SF
Area
Monmouth County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$504,900
Cap Rate 7%
$360,643
Cap Rate 9%
$280,500
Alternative Uses
Best Use
Office B
$360.6K
$315.6K – $420.8K
NOI $25,245 @ 7.0% cap · market cap 3.61%
Second Best
Retail
$336.4K
$294.4K – $392.5K
NOI $23,551 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$430.8K
$377.0K – $502.7K
NOI $30,159 @ 7.0% cap · market cap 4.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07728, NJ
56,444
Population
21,150
Households
2.7
Avg Household Size
43
Median Age
46%
College-Educated
92%
High-School Grad
49.6 sq mi
ZIP Area
1,138
Density / Sq Mi
$107,042
Median Household Income
$56,824
Median Earnings
$1,941
Median Rent
$490,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Monmouth County, NJ
Properties on Market for Storefront properties in Monmouth County
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Garden State Flower Market — 780 US-9, Freehold, NJ 07728
Frequently Asked Questions
What type of property is this?
Storefront property - Updated commercial building with landscaped grounds, on-site access, and prominent Route 9 frontage.
Where is this storefront property located?
The property is located at 300 Us Highway 9 Freehold, NJ.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: 1,650 SF storefront commercial property; Prominent frontage along Route 9; Approximately 8‑year roof and 8‑year furnace/AC
