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About This Home

This 0-bedroom, 0-bathroom commercial at 763 Hulses Corner Road in Howell, NJ is listed for $1,150,000 ($439 per sqft). the home offers 2,620 sqft of living space on a 5.50 acres lot.

Agent Description

5.5 acres zoned for farming/agricultural and 0.5 acres zoned for residential with rental income and best-in-class family-owned landscape design and hardscape company. Land and residential home for $1,150,000. Business for $600,000. Included in the sale are the business revenue/profit, inventory, equipment, rental income from multiple tenants, 6 acr

es of land, 2,600+ SF of residential and office/garage buildings, 900+ SF of hoop fabric garages for storage, irrigation, septic, two deep wells and more. Top line revenue, profit and passive income from the real estate justify the list price. $1.15M for the property only.

$600K for the business only. $1.65M for both. The company has over 30 years of experience in Monmouth County serving an affluent residential and commercial client base with large complex landscape/hardscape new installs and maintenance. This is a total turnkey operation requiring no additional investment to continue to prosper and grow and is poised to dramatically expand with addition of new management.

The lot includes 6 acres with a residential home that is rented out along with a commercial office and garage and several temporary tent structures used to support the business and the on-site tenants. There is substantial passive income from several business tenants along with the residential tenant included in the sale.

The seller is flexible to sell the business/land/buildings and to stay on with the new owner as a design and sales consultant and whatever is necessary for a successful transition. Due to the seller's desire to reduce the hours required to operate the business, the company does not advertise and has a limited online presence and no proactive sales team.

A motivated well-funded new owner willing to activate advertising and marketing campaigns along with expanding into other landscape verticals/services could expect to increase revenues dramatically. Ancillary service offerings that include annual maintenance, lighting design, nursery retail expansion to outside customers, annual maintenance and higher focus on commercial clients would only enhance current healthy gross revenues and profits.

Detailed financials (revenue and expenses), inventory, equipment, tenant income and existing customer records will be included after potential buyer provides proof of funds and prequalification letter along with a signed NDA.

Key Features

  • 5.50 acre lot

Monthly Cost Estimate

$6,150/mo

20% down · 6.5% · 30 years

Principal$832
Interest$4,983
Insurance$335

Estimates only. Actual payments may vary.

Location

763 Hulses Corner Road

Howell, NJ 07731

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 763 Hulses Corner Road is listed at $1,150,000 ($439/sqft). The estimated monthly payment is $4,983 based on 20% down at 6.5% interest.

Key features include: 5.50 acre lot.

This property is listed by Thomas Marinelli and can be reached at 9733155959 or marinellirealestate@gmail.com.

TM

Thomas Marinelli

Agent at Serhant New Jersey LLC

(973) 315-5959

Listed by Serhant New Jersey LLC

MLS# 22608926· Source: listhub· Updated 7 days ago

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763 Hulses Corner Road, Howell, NJ 07731

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