465- Route 9 Waretown, NJ 08758
- Mixed-use properties
- 1,843 SF
- 0.25 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 465- Route 9
- Year built
- 1965
- Lot size
- 0.25 lot acres
- Property size
- 1,843 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property, situated on the highly desirable Route 9 in Waretown, NJ, presents a lucrative investment opportunity. The 1,843 square foot building sits on a 0.25-acre lot, offering prime visibility and accessibility. The property comprises a four-bedroom, one-bathroom single-family residence with central air conditioning and private parking, currently rented. In addition, there are four separate commercial units, each approximately 500 square feet, also fully rented. Each commercial unit has its own utilities, except for water, which is supplied by a well. The property benefits from ample on-site parking, ensuring convenient access for both residents and commercial tenants. The strategic location, just one property away from a traffic signal, guarantees exceptional street-level signage exposure, maximizing visibility and attracting potential customers. This fully rented property offers a strong, immediate return on investment, making it an ideal acquisition for discerning investors seeking a stable and profitable venture in a thriving location. The combination of residential and commercial income streams provides a diversified revenue base, mitigating risk and enhancing long-term value.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waretown
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.1961
- Latitude
- 39.7922
