Listing Agency: Century 21 Geba Realty g***@gmail.com Show Phone

Listed By: George Perrone · License #NJ

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 7:44AM

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Investment Insights

Based on property information with market context.

This offering concerns an established restaurant business at 62 Oak Ridge Rd in Newfoundland, New Jersey. The source information identifies the opportunity as a restaurant business for sale.

Key Highlights

• Established restaurant business
• Located at 62 Oak Ridge Rd, Newfoundland, NJ 07435
• Restaurant business offered for sale

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop Plumbing Service Daycare Center Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

15

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 07435, NJ

2,188

Population

1,353

Households

1.6

Avg Household Size

49

Median Age

38%

College-Educated

100%

High-School Grad

12.6 sq mi

ZIP Area

174

Density / Sq Mi

$143,191

Median Household Income

$59,881

Median Earnings

$2,091

Median Rent

$465,200

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant business offered at 62 Oak Ridge Rd in Newfoundland, NJ 07435.

Where is this conventional restaurant located?

The property is located at 62 Oak Ridge Rd Newfoundland, NJ.

What are key features of this property?

This property features: Established restaurant business; Located at 62 Oak Ridge Rd, Newfoundland, NJ 07435; Restaurant business offered for sale