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    1250 Us-22 North Plainfield, NJ 07060

    Sponsored
    For Sale
    $500,000

    Prime NJ location, lucrative liquor license included.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a fully operational restaurant in North Plainfield, New Jersey, ideally situated at 1250 US-22, zip code 07060, within Somerset County. The asking price is $500,000 for this owner-user retail property. A significant asset is the included plenary retail consumption license ("33"), permitting the sale of alcoholic beverages for on-premises consumption (by the glass or other open receptacle) and off-premises consumption (in original containers). This license significantly enhances the property's value and earning potential. The property is categorized as a restaurant within the retail sector. Its prime location on US-22 ensures high visibility and accessibility, attracting a substantial customer base. The precise square footage and other operational details are not provided in the available information. This presents a rare chance to acquire a well-positioned restaurant with a valuable liquor license in a thriving New Jersey market. Serious inquiries are encouraged to explore this promising investment further. The property's latitude and longitude coordinates are 40.6149883 and -74.4544206 respectively.

    Property Features for 1250 Us-22

    General Information

    Property type
    Restaurants

    HighLights

    • Fully operational restaurant in North Plainfield, NJ, at 1250 US‑22, zip code 07060.
    • $500,000 asking price for this owner‑user retail property.
    • Includes a plenary retail consumption liquor license (#33) for on and off‑premises sales.
    • Prime US‑22 location offers high visibility and accessibility.
    • Rare opportunity to acquire a well‑located restaurant with a valuable liquor license in a thriving market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    North Plainfield
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.4544206
    Latitude
    40.6149883

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    FAQs

    What type of property is this?
    Restaurant - Prime NJ location, lucrative liquor license included.
    Where is this restaurant located?
    The property is located at 1250 Us-22 North Plainfield, NJ.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Fully operational restaurant in North Plainfield, NJ, at 1250 US-22, zip code 07060.; $500,000 asking price for this owner-user retail property.; Includes a plenary retail consumption liquor license (#33) for on and off-premises sales.
    Request Owner's contact information
    1250 Us-22 North Plainfield, NJ 07060
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    North Plainfield, NJ 07060
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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
    1250 Us-22 North Plainfield, NJ 07060
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