759 Route 9, Berkeley Township, NJ 08721
This exceptional mixed-use property, located at 759 Route 9 in Bayville, New Jersey (08721), presents a unique investment opportunity. Priced at $750,000, this completely renovated building sits on a 0.17-acre lot and offers a versatile layout ideal for a variety of commercial and residential uses. The main level, previously a day spa and beauty bar, boasts an open concept design with new flooring, an office, a stylish reception area featuring quartz countertops, a coffee nook, a bar sink, a climate-controlled refrigerator, and a fully renovated half bath. Upstairs, five fully renovated rooms with soundproof interior walls, three blown-glass chandeliers, a hallway vanity and sink, and a laundry chute add to the property's appeal. A fully renovated basement includes a new staircase and lighting, sealed floors, a laundry room, an additional office, a new kitchenette with granite countertops, a renovated open multipurpose area, and a new fire-safe egress window. Exterior improvements include a newly sealed driveway and parking lot, new landscaping, a new paver walkway, a 10'x14' patio with pergola, and new front and rear entrances. Enhanced security is provided by a new Alula alarm and camera system throughout the interior and exterior. The property is zoned for both residential and commercial use, making it suitable for a variety of business ventures or a combined home/office setup. This turnkey property is ready for immediate occupancy and offers significant potential for return on investment.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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