Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    601 Nj-72 Stafford Township, NJ 08050
    Back to Search
    Property profile & analytics

    601 Nj-72 Stafford Township, NJ 08050

    View on Map
    • Commercial real estate
    • 2,900 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 601 Nj-72

    Property size
    2,900 SF
    Property type
    Commercial real estate

    Description

    This exceptional opportunity presents a thriving, turnkey pizza restaurant located at 601 NJ-72 in Stafford Township, New Jersey, 08050. Priced at $550,000, this single-story, 2,900 square foot establishment boasts a strong positive cash flow, with a Net Operating Income (NOI) of $295,316. The business operates under a gross lease, with 100% occupancy and ample parking for 40 vehicles. The property includes a 1,000 square foot trailer, incorporated into the existing lease. This is an owner/user investment opportunity with a proven track record. The current lease has eight years remaining, plus a five-year option. The restaurant enjoys a prime location in a high-traffic area, close to major roadways, shopping centers, and the beach, ensuring consistent customer flow. The asking price of $189.66 per square foot reflects the exceptional value and potential for continued growth. This is a rare chance to acquire a well-established, profitable business with significant upside. Seller financing is available, making this an even more attractive proposition for qualified buyers. The business is categorized as "Business Only" and is a single-unit operation.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Stafford Township
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.2428
    Latitude
    39.6817

    Comparable in this City

    • Value Estimation by Request
      5.52 Acres

      312 Bay Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 5.52 Acres
      312 Bay Ave, Manahawkin, NJ 08050-3348
      View Details
    • Value Estimation
      $610,000
      22.43 Acres

      101 Campbell Blvd

      APARTMENT HOUSE (UNDER 5 UNITS) • 22.43 Acres
      101 Campbell Blvd, Manahawkin, NJ 08050-2494
      View Details
    • Value Estimation by Request
      6.33 Acres

      120 Campbell Blvd

      APARTMENT HOUSE (UNDER 5 UNITS) • 6.33 Acres
      120 Campbell Blvd, Manahawkin, NJ 08050-2300
      View Details
    • Value Estimation
      $6,570,000
      52,828 SF

      240 Main St

      APARTMENT HOUSE (UNDER 5 UNITS) • 52,828 SF
      240 Main St, Manahawkin, NJ 08050
      View Details
    • Value Estimation
      $1,170,000
      6,720 SF

      31 Indian Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,720 SF
      31 Indian Rd, Manahawkin, NJ 08050-3305
      View Details
    • Value Estimation by Request
      0.93 Acres

      1604 Nj-72

      Land • 0.93 Acres
      1604 Nj-72, Stafford Township, NJ 08050
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.02 Acres

      Manahawkin Office Space - Route 72

      Prime Office Space, Flexible Lease Options
      325 Route 72, Manahawkin, NJ 08050
      View Details
    • $674,000
      2,332 SF

      Commercial Property with Licensed Heliport

      Unique commercial property featuring a licensed heliport and versatile building.
      641 Beach Ave, Manahawkin, NJ 08050
      View Details
    • $1,400,000
      1.00 Acre

      Stafford Commercial Development Opportunity

      1.5+ acres near Long Beach Island, ideal for development.
      86 Grassy Hollow Rd, Manahawkin, NJ 08050
      View Details
    • $300,000

      Established Restaurant in Manahawkin, NJ

      Profitable pizza restaurant near Parkway, shopping, and beach.
      601 Route 72, Manahawkin, NJ 08050
      View Details
    • Contact for pricing

      Manahawkin Commercial Property with Heliport

      Flexible commercial property with heliport access, minutes from LBI.
      641 Beach Ave, Manahawkin, NJ 08050
      View Details
    • $1,800,000
      Pending

      Manahawkin Office Building on Route 72

      10,000+ SF office building on Route 72 in Manahawkin, NJ.
      675 Route 72 E, Manahawkin, NJ 08050
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Newly Renovated Office Space Available

      Prime location office space, Route 72, Manahawkin, move-in ready.
      675 Route 72, Manahawkin, NJ 08050
      View Details
    • $25 SF/Yr
      17,920 SF

      Manahawkin Office Space Available

      Second floor office space for lease in Manahawkin.
      1322 Route 72, Manahawkin, NJ 08050
      View Details
    • Contact for pricing
      1,510 SF

      Manahawkin Office Space Available

      Second-floor office space with private entrance for rent.
      325 Route 72, Manahawkin, NJ 08050
      View Details
    • $25 SF/Yr

      Stafford Office Space For Rent

      Second floor office space with large windows and good parking.
      1322 Nj-72, Stafford Township, NJ 08050
      View Details
    • Contact for pricing

      New Retail and Office Space

      New construction retail, office, medical, or restaurant space for lease.
      505 N Main St, Stafford Township, NJ 08050
      View Details
    • Contact for pricing
      20,443 SF

      High-Traffic Shopping Center Space

      Prime retail space in a highly visited shopping center.
      219 Stafford Park Blvd, Stafford Township, NJ 08050
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    601 Nj-72
    Stafford Township, NJ 08050
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    601 Nj-72, Stafford Township, NJ, 08050
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!