Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Modern Bagel Shop with Kitchen Title is generated by Realmo AI

    828 State Route 15, Jefferson Twp, NJ 07849

    View on Map
    Claim this Listing
    For Sale
    $199,900

    Business - Jefferson Twp., NJ

    Property size:
    1,450 SF
    Price / SF:
    $137/SF
    Added:
    Mar 15, 2026
    Days on Market:
    55
    Last Refresh:
    May 8 at 6:06 pm

    Property Features for 828 State Route 15

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    Size
    1,450 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    JHON RIOS

    Listing agent JHON RIOS

    Listing office REALTY EXECUTIVES EXCEPTIONAL 30 EAST BLACKWELL STREET, Fairfield, NJ

    Listing date Mar 15, 2026

    MLS# 4016940 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turn‑key bagel shop with a fully equipped commercial kitchen, ready for immediate operation and profit.
    • All equipment (refrigeration, ovens, etc.) is only four years old and in pristine condition.
    • Avoid construction hassles with this 'like‑new' setup in a prime leased location.
    • Solid infrastructure in place, allowing for immediate brand implementation and market dominance.
    • Well‑maintained space, ready for a new owner's vision.
    • Includes both forced air heating and central air cooling.

    Overview

    This well-maintained bagel shop, established four years ago, features a full commercial kitchen and offers a turn-key opportunity in a leased location. The 1,450 square foot space is located in Jefferson Twp., Morris County, NJ. All equipment, including refrigeration and commercial ovens, was installed four years ago and is in pristine condition. The property is ready for a new brand to take over the lease and establish itself in the local market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coffee shops

    Similar Places Nearby

    • Cones and Coffee Co. — 1 Brady Rd, Lake Hopatcong, NJ 07849

    Map

    City
    Jefferson Twp
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.5992664
    Latitude
    40.966707

    Nearby Similar for Sale

    • $2,100,000
      12,000 SF

      Commercial Plaza with High Visibility

      Well-maintained commercial plaza with two buildings and fully occupied storefronts.
      5627 Berkshire Valley Rd, Jefferson Twp., NJ 07438
      View Details
    • $425,000

      Tenant-Leased Restaurant Investment Opportunity

      Freestanding restaurant property with tenant in place near Lake Hopatcong.
      120 Brady Rd, Jefferson Twp., NJ 07849
      View Details
    • $479,900
      1 SF

      Oak Ridge Colonial on Two Acres

      Mixed-use colonial on two acres in scenic Oak Ridge.
      5634 Berkshire Valley Rd, Jefferson Twp., NJ 07438
      View Details

    FAQs

    What type of property is this?
    Coffee shop - Turn-key bagel shop with full commercial kitchen in Jefferson.
    Where is this coffee shop located?
    The property is located at 828 State Route 15 Jefferson Twp, NJ.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: Turn‑key bagel shop with a **fully equipped commercial kitchen, ready for immediate operation and profit.**; All equipment (refrigeration, ovens, etc.) is only four years old and in pristine condition.; Avoid construction hassles with this 'like‑new' setup in a prime leased location.
    (973) 575-6700
    We can help!
    Listing Contact
    JHON RIOS
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    828 State Route 15, Jefferson Twp., NJ 07849-5203
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!