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Property profile & analytics
OFF-MARKET
Multifamily properties

446 Route 9 Waretown, NJ 08758

576 SF 1.97 ac lot Built 1950
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Multifamily properties
Year built 1950
Total area 576 SF
Lot 1.97 ac (85,813 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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