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    437 Main Rd Montville, NJ 07082

    For Sale
    $1,900,000

    Thriving Turnkey Restaurant, Prime Location

    Property size:
    3,205 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A, 3-story restaurant in Montville, NJ, presents a unique owner-user opportunity. Located on Main Road (Route 202) in Towaco, this well-established bagel and deli boasts 3,205 square feet of net rentable space on a 0.62-acre lot, including 12 parking spaces. Completely renovated in 2019, the property features a finished basement with 9-foot ceilings, ideal for operational efficiency. The business, established in July 2020, benefits from a loyal customer base cultivated over two decades, ensuring a strong foundation for continued success. The sale includes the real estate, business, furniture, fixtures, and equipment, offering a truly turnkey operation. Its prime location near the train station and residential areas provides excellent accessibility and high visibility. The permitted zoning is 4B, allowing for potential expansion or outdoor seating. With a proven track record and high volume, this is an exceptional opportunity to acquire a thriving business and valuable real estate in a desirable New Jersey market. The asking price is $1,900,000, representing $592.82 per square foot. Don't miss this chance to own a piece of Montville's culinary landscape.

    Property Features for 437 Main Rd

    General Information

    Property type
    Restaurants
    Square Feet
    3,205 SF
    Class
    A
    Lot Size
    27,007 SF

    Building Details

    Year Renovated
    2019
    Stories
    3
    Units
    1

    HighLights

    • Fully equipped, operational restaurant ready for immediate occupancy.
    • Prime location with high foot traffic and visibility.
    • Established clientele and strong sales history.
    • Modern kitchen with all necessary equipment.
    • Spacious dining area with comfortable seating.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Montville
    County
    Morris
    State
    New Jersey
    Longitude
    -74.3573851
    Latitude
    40.9172664

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      Land For Sale

      Land available for sale.
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    FAQs

    What type of property is this?
    Restaurant - Thriving Turnkey Restaurant, Prime Location
    Where is this restaurant located?
    The property is located at 437 Main Rd Montville, NJ.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Fully equipped, operational restaurant ready for immediate occupancy.; Prime location with high foot traffic and visibility.; Established clientele and strong sales history.
    Request Owner's contact information
    437 Main Rd Montville, NJ 07082
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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
    437 Main Rd Montville, NJ 07082
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