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    Spotswd-Engtwn Rd Rd Monroe, NJ 08831

    For Sale
    $2,175,000

    Established Restaurant, Apartments, Liquor License Included

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional commercial property in Monroe, NJ, presents a unique investment opportunity. Situated on a 0.46-acre lot, the property features a two-story building currently operating as a restaurant and bar. All restaurant and bar equipment is included in the sale, providing a turnkey operation for a prospective buyer. Adding to the income potential, the property also includes two income-generating apartments, currently rented. The sale includes a valuable liquor license, a significant asset for continued restaurant operations. The property's location in Monroe offers excellent visibility and accessibility. This versatile property is ideal for an established restaurateur looking to expand or a savvy investor seeking a multi-faceted income stream. The seller will consider selling the business and liquor license separately, offering flexibility to potential buyers. This is a rare opportunity to acquire a well-established commercial property with significant upside potential. Serious inquiries are encouraged. The property is located at SPOTSWD-ENGTWN RD Road, Monroe, NJ and is listed at $2,175,000.

    Property Features for Spotswd-Engtwn Rd Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    20,038 SF

    Building Details

    Year Built
    2000
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monroe
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.42641
    Latitude
    40.35002

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    FAQs

    What type of property is this?
    Commercial real estate - Established Restaurant, Apartments, Liquor License Included
    Where is this commercial real estate located?
    The property is located at Spotswd-Engtwn Rd Rd Monroe, NJ.
    What is the asking price?
    The asking price for this property is $2,175,000.
    Request Owner's contact information
    Spotswd-Engtwn Rd Rd Monroe, NJ 08831
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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.

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    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
    Spotswd-Engtwn Rd Rd Monroe, NJ 08831
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