522 Route 9 | Waretown, NJ 08758
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522 Route 9
Waretown, NJ 08758
MIXED USE -INCOME PROPERTY-MULTI UNIT · Office Property For Sale
PROPERTY FACTS
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,381 SF
Building Class
C
Year Built
1960
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,381 SF
Building FAR
0.04
Lot Size
1.30 AC
Zoning
C-1 - General Commercial - Long list of allowable uses
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
ABOUT 522 ROUTE 9 , WARETOWN, NJ 08758
Served by City Sewer and Water ----- Natural Gas Heat, no Oil Tanks. * 5 Electric Meters, tenants pay their own electric. * One- 2/3-Bed/1.5 Bath Apartment * One- Office/Retail Space * Two - Large 15’x 30’ Garages with 10’ X 12’ Overhead Doors * Two – 10’ x 20’ Garages * PLUS Truck/Vehicle Parking Income * 1.3 Acres -- C-1 General Commercial Zoning (attached) , 9%+ Cap Rate with over 15% Cash on Cash !! Total Return over 20% !!
PROPERTY TAXES
| Parcel Number | 21-00130-0000-00006-03 | Improvements Assessment | $234,600 |
| Land Assessment | $118,000 | Total Assessment | $352,600 |
PROPERTY TAXES
Parcel Number
21-00130-0000-00006-03
Land Assessment
$118,000
Improvements Assessment
$234,600
Total Assessment
$352,600
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