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    12 Schuyler Pl Morristown, NJ 07960

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    For Lease
    Contact for pricing

    2,400 SF restaurant space with a 2,000 SF basement.

    Property size:
    2,400 SF
    Lot size:
    0.06 Acres

    Property Features for 12 Schuyler Pl

    General Information

    Size
    2,400 SF
    Lot size
    0.06 Acres

    Source: Jeffery Realty Agent Shane Wierks

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Space Near Train Station

    This is a 2,400 square foot restaurant space with a fully built-out restaurant. It features a full 2,000 square foot basement. The property is a former sushi lounge and is located within a 10-minute walk to the Morristown Train Station. The property can be used as a restaurant or retail property and is a turn-key restaurant.
    Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Flavorful Feasts, Pomp Caterers, Simplylisascatering, Pomp Caterers LLC

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Morris
    State
    New Jersey
    Longitude
    -74.4828671
    Latitude
    40.797019

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    FAQs

    What type of property is this?
    Restaurant - 2,400 SF restaurant space with a 2,000 SF basement.
    Where is this restaurant located?
    The property is located at 12 Schuyler Pl Morristown, NJ.
    What are key features of this property?
    This property features: - Fully Built Out Restaurant ready for your concept.; - 2,400 SF restaurant space.; - Full 2,000 SF Basement provides ample storage or expansion potential.
    (908) 581-7781
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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
    12 Schuyler Pl Morristown, NJ 07960
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