Turnkey Landscape Business &
763 Hulses Corner Road Wall Township, NJ 07731
For Sale
$900,000
2620 SF Agricultural, Residential - Income, Mixed Use For Sale
Property Size2,620 SF
Price / SF$343.51
Days on Market563
Property Features for 763 Hulses Corner Road
General Information
- Standard status
- Active
- Property type
- Other mixed-use properties, Other agricultural properties, Residential income homes, Mixed-use properties, Agricultural properties, Investment properties
- Size
- 2,620 SF
- Elevators
- N/A
Listing Agency:
(732) 267-3980
Listed By:
Michael
(732) 267-3980
Added: Jan 8, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
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.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.0k | $25.56 |
| − Vacancy | −$4.3k | −$1.65 |
| EGI | $62.6k | $23.91 |
| − OpEx | −$18.8k | −$7.17 |
| NOI | $43.8k | $16.74 |
2,620 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$626.4K
$548.1K – $730.8K
NOI $43,849 @ 7.0% cap · market cap 4.87%
Second Best
Mixed Use
$505.3K
$442.1K – $589.5K
NOI $35,370 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$684.1K
$598.6K – $798.2K
NOI $47,889 @ 7.0% cap · market cap 5.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
FAQs
What type of property is this?
Mixed-use property - 2620 SF Agricultural, Residential - Income, Mixed Use For Sale
Where is this mixed-use property located?
The property is located at 763 Hulses Corner Road Wall Township, NJ.
What is the asking price?
The asking price for this property is $900,000.
