601 Route 72 Manahawkin, NJ 08050
Property profile & analytics
601 Route 72 Manahawkin, NJ 08050
- Commercial real estate
- 10,126 SF
- 4.95 lot acres
Property ID
US59-1280700
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 601 Route 72
- Year built
- 1985
- Construction
- CONCRETE BLOCKS
- Lot size
- 4.95 lot acres
- Property size
- 10,126 SF
- Zone code
- HC
- Property type
- Commercial real estate
- APN
- 31 00147- 107-00142- 02
- APU
- 31001471070014202
Description
This turnkey pizza restaurant opportunity presents a unique investment prospect in Manahawkin, NJ. Located at 601 Route 72 Unit 601, this established business boasts a strong positive cash flow, exceeding 52% profitability. The property sits on a 4.95-acre lot, offering ample space and potential for expansion. Its prime location ensures high visibility and consistent customer traffic. The restaurant benefits from its proximity to major roadways, providing easy access for customers, and is conveniently located near shopping centers and the beach, attracting a diverse clientele. This turnkey operation includes all necessary equipment and infrastructure, minimizing the initial investment required for a new owner. The business is currently generating significant revenue, making it an attractive option for experienced restaurateurs or investors seeking a profitable venture with established customer loyalty. This is a rare opportunity to acquire a well-established, high-performing business in a desirable location. The sale price is $550,000. Serious inquiries only.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,950,000
- 6.5%
- $1,800,000
- 7%
- $1,670,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,181,000
Market price range: $668k - $2.18M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,160,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $2,870,000 Change: +33% Conversion: Moderate
- OFFICE BUILDING
- $2,405,000 Change: +11% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Manahawkin
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.2424
- Latitude
- 39.6815
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$66,397
$1,165,600
$1,655,000
$2,820,600
-
$1,165,600
$1,655,000
$2,820,600
