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    1241 Roosevelt Ave Carteret, NJ 07008

    For Sale
    $599,999

    Retail - Carteret, NJ

    Type:Retail
    Days on Market:
    45
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 1241 Roosevelt Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    0102701000000010
    Parking
    30
    Parking features
    Paved or Surfaced

    Building Details

    Architectural style
    Other

    Century21 Main Street Realty (732) 527-7201 [email protected]

    Listing agent MICHELE FREEMAN (732) 750-4663

    Listing date Oct 24, 2025

    MLS# 2606209R Listing URL

    Copyright © 2025 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant Opportunity Near Arts Center

    This is a business opportunity for a restaurant located in Carteret, New Jersey, approximately 2/3 miles from the Carteret Performing Arts Center. The property includes a bar area with seating for 10, along with 5 booths and 2/4 high top tables. The main dining room, which has a private entrance, can accommodate approximately 50-60 people. Additionally, there is a banquet/party room and an enclosed patio suitable for dining and parties. The property has 30 parking spaces, including 2 handicapped spaces. It is fully equipped with 6 TVs, an espresso machine, furniture, fixtures, equipment, a liquor license, and liquor inventory. This property is located at 1241 Roosevelt Avenue, Carteret, NJ 07008.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carteret
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2407215
    Latitude
    40.5928236

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    FAQs

    What type of property is this?
    Restaurant - Thriving restaurant business opportunity in the heart of Carteret, New Jersey.
    Where is this restaurant located?
    The property is located at 1241 Roosevelt Ave Carteret, NJ.
    What is the asking price?
    The asking price for this property is $599,999.
    What are key features of this property?
    This property features: - Thriving restaurant business opportunity in the heart of Carteret.; - Includes liquor license and liquor inventory.; - Fully equipped with furniture, fixtures, equipment, and **6 TVs**.
    (732) 750-4663
    Request Owner's contact information
    1241 Roosevelt Ave Carteret, NJ 07008
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    Carteret, NJ 07008
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    Realmo Value Estimation

    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.

    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.

    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
    1241 Roosevelt Ave Carteret, NJ 07008
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