Freestanding Storefront with
For Sale
$699,999
300 Us Highway 9, Freehold, NJ 07728
Commercial Sale, Freehold, NJ
Property Size1,650 SF
Lot Size0.46 Acres
Price / SF$424.24
Days on Market96
Property Features for 300 Us Highway 9
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Office, Professional, Commercial
Parking
6
Parking features
Paved or Surfaced, Parking Lot
Exterior features
Display Window, Lighting, Outdoor Shower
Lot features
Highway Frontage, Landscaped
Directions
From I-195 East, take exit 28B, go towards Freehold, make a U turn at Edinburgh Dr, turn left onto Route 9 South and the yellow building is on the right.
Standard status
Active
APN
21-00141-0000-00017
Size
1,650 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8660
Utilities
Sewer type
Septic Tank
Heating system
Forced Air
Water source
Well
Building Details
Floors in Building
1
Building materials
Stone
Listing Agency:
Weichert Realtors-Freehold
Listed By:
Rosaria Marcano
(732) 577-0440
Added: Jun 29
Changed: Oct 2
Last Checked: Oct 2 at 7:06PM
MLS# 22619581
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,650-square-foot storefront property sits on a 0.46-acre parcel and includes display windows, lighting, stone construction, and a paved parking lot. The layout is suited to retail, professional office, or service-based uses. Sale includes the real estate only; the business, name, furniture, personal property, and equipment are excluded.
Property updates include an approximately 8-year-old roof, 8-year-old furnace/AC, a well installed in 2022, and a 1-year-old water heater. The site is served by a well and septic tank, with paved parking and established ingress/egress. The property fronts US Highway 9 in Freehold, New Jersey, and includes an outdoor shower.
Property updates include an approximately 8-year-old roof, 8-year-old furnace/AC, a well installed in 2022, and a 1-year-old water heater. The site is served by a well and septic tank, with paved parking and established ingress/egress. The property fronts US Highway 9 in Freehold, New Jersey, and includes an outdoor shower.
Key Highlights
- 1,650 SF storefront on a 0.46‑acre parcel
- Prominent frontage on US Highway 9 in Freehold, NJ
- Over 6 parking spaces with paved parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,551
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$471,020
$471.0K
Cap Rate 7%
$336,443
$336.4K
Cap Rate 9%
$261,678
$261.7K
Market Conditions
NOI Build-Up for 1,650 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$35.6K $21.60/SF
− Vacancy
−$2.0K −$1.21/SF
EGI
$33.6K $20.39/SF
− OpEx
−$10.1K −$6.12/SF
NOI
$23.6K $14.27/SF
Area
Monmouth County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$471,020
Cap Rate 7%
$336,443
Cap Rate 9%
$261,678
Alternative Uses
Best Use
Retail
$336.4K
$294.4K – $392.5K
NOI $23,551 @ 7.0% cap · market cap 3.36%
Second Best
—
—
no second resolved use
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.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
64k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 47%
Dining 44%
Shops & Services 9%
ACME Markets
Groceries
29,832 visits/mo
0.4 miles
Starbucks
Dining
16,757 visits/mo
0.3 miles
Burger King
Dining
11,536 visits/mo
0.5 miles
7-Eleven
Shops & Services
5,468 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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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 - Storefront property with display windows, paved parking, and access suited to retail, office, or service-based occupancy.
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 on a 0.46‑acre parcel; Prominent frontage on US Highway 9 in Freehold, NJ; Over 6 parking spaces with paved parking lot
