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Property profile

465- Route 9 Waretown, NJ 08758

OFF-MARKET
Mixed-use properties
1,843 SF 0.25 ac lot Built 1965
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Mixed-use properties
Year built 1965
Total area 1,843 SF
Lot 0.25 ac (10,890 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

465- Route 9 Waretown, NJ 08758
Waretown metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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