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    2024 Center St Fort Lee, NJ 07024

    For Sale
    $400,000

    Well-equipped Korean restaurant with loyal customer base in Fort Lee.

    Property Features for 2024 Center St

    General Information

    Standard status
    Active

    Source: REALTY 7, LLC Agent VINCENT LEE

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

    Overview

    Established Korean Restaurant in Fort Lee

    This well-established Korean restaurant business is situated in the heart of Fort Lee. The restaurant space is well-equipped with all necessary amenities to ensure a smooth and efficient operation. It has become a popular dining destination in the town, with a loyal customer base. Ample street parking is available, with municipal parking located a few steps away. This property is positioned to support a thriving dining business.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    Duri Catering, Prime Caterers, Mot Jo Eun Catering House, Kosher Catering and Private Chef Service, SEOUL DDOKBAEGI (서울 뚝배기)

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lee
    County
    Bergen
    State
    New Jersey
    Longitude
    -73.978124
    Latitude
    40.8516934

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    FAQs

    What type of property is this?
    Restaurant - Well-equipped Korean restaurant with loyal customer base in Fort Lee.
    Where is this restaurant located?
    The property is located at 2024 Center St Fort Lee, NJ.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Well-established Korean restaurant business with a loyal customer base.; - Fully equipped restaurant space ready for immediate operation.; - Prime location in the heart of Fort Lee.
    Request Owner's contact information
    2024 Center St Fort Lee, NJ 07024
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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
    2024 Center St Fort Lee, NJ 07024
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