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    Paramus Rd Paramus, NJ 07652

    For Sale
    Contact for pricing

    Exclusive NJ Liquor License - Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional opportunity presents the acquisition of a plenary retail consumption liquor license, designated as #33, in the vibrant borough of Paramus, New Jersey. Located in Bergen County, zip code 07652, this license is uniquely positioned as the only one currently available on the market. The license permits the sale of alcoholic beverages for consumption on the premises, and also allows for the sale of packaged goods for off-premises consumption, provided these sales occur within the public bar area of the licensed establishment. This presents a significant advantage for businesses seeking to establish or expand their presence within Paramus's thriving restaurant and bar sector. The license's exclusivity guarantees a competitive edge and immediate access to a lucrative market. This is a turnkey opportunity for entrepreneurs looking to capitalize on a high-demand asset in a prime New Jersey location. The license is privately owned and offers a significant return on investment for the right buyer. Serious inquiries only. This is a business-only sale

    Property Features for 0 Paramus Rd

    General Information

    Property type
    Investment properties

    HighLights

    • On‑site liquor license (License #33) allowing for on‑premise alcohol consumption and off‑premise packaged sales (packaged goods sales must occur within the bar area).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Paramus
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0652616
    Latitude
    40.9541697

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    FAQs

    What type of property is this?
    Investment property - Exclusive NJ Liquor License - Prime Location
    Where is this investment property located?
    The property is located at Paramus Rd Paramus, NJ.
    What are key features of this property?
    This property features: On-site liquor license (License #33) allowing for on-premise alcohol consumption and off-premise packaged sales (packaged goods sales must occur within the bar area).; ;
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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
    Paramus Rd Paramus, NJ 07652
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