446 Route 9 Waretown, NJ 08758
This exceptional investment opportunity presents a substantial 1.97-acre parcel situated on Route 9 in Waretown, New Jersey. The property boasts significant highway frontage, measuring 252 feet along Route 9 and an additional 604 feet of frontage on the side entrance. This prime location offers unparalleled visibility and accessibility, making it ideal for a variety of commercial ventures or continued multi-family use. Currently, two buildings are situated on the land, both of which are tenant-occupied, generating immediate rental income. The combined square footage of the existing structures totals 576 square feet. The expansive lot size provides ample space for potential expansion, redevelopment, or the addition of new structures, subject to local zoning regulations. Given the high-traffic location and substantial land area, this property presents a rare chance to acquire a significant commercial holding in a desirable New Jersey market. Investors seeking a strong return on investment with significant upside potential should act quickly to secure this exceptional opportunity. The property is being offered at $497,000. All information is deemed reliable but not guaranteed and should be independently verified.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.