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Thriving Restaurant Venue in Perth Amboy
For Sale
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555 Penn Street, Perth Amboy, NJ 08861

Spacious restaurant with liquor license, sound, and security.

Property SizeContact for details
Days on Market692

Property Features for 555 Penn Street

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Special Purpose

Building Details

Year Built 9999
Stories 1
Listing Agency: WEICHERT CO REALTORS
Listed By: ANA ALMONTE
Source: Crexi
Added: Oct 1, 2024 Changed: Aug 11 Last Checked: Aug 22 at 8:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WEICHERT CO REALTORS

Investment Insights

Based on property information with market context.

This is a restaurant property in Perth Amboy. The venue is spacious and can accommodate up to 200 guests. It includes a full liquor license, allowing for a diverse beverage menu. A state-of-the-art sound system is installed within the restaurant. The property is equipped with a comprehensive security camera system.

Key Highlights

  • Thriving restaurant venue in the heart of Perth Amboy.
  • Accommodates up to 200 guests.
  • Full liquor license included.

Property Analytics

Current Use

Jennifer Lounge Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Catering Service Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

1,586
Businesses Nearby
24k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 67% Groceries 26% Electronics 8%
Dunkin' Donuts Dining
8,729 visits/mo 0.5 miles
Antillana Superfood Groceries
6,100 visits/mo 0.2 miles
Papa John's Pizza Dining
3,828 visits/mo 0.5 miles
Boost Mobile Electronics
1,814 visits/mo 0.5 miles
Giovanni's Pizza Dining
1,801 visits/mo 0.3 miles

Demographics for 08861, NJ

58,039
Population
21,032
Households
2.8
Avg Household Size
35
Median Age
16%
College-Educated
70%
High-School Grad
5.1 sq mi
ZIP Area
11,380
Density / Sq Mi
$60,464
Median Household Income
$34,093
Median Earnings
$1,623
Median Rent
$340,900
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Spacious restaurant with liquor license, sound, and security.
Where is this conventional restaurant located?
The property is located at 555 Penn Street Perth Amboy, NJ.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: Thriving restaurant venue in the heart of Perth Amboy.; Accommodates up to 200 guests.; Full liquor license included.
More about this property
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