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    Pearl St Newfield, NJ 08344

    For Sale
    $210,000

    Shovel-ready commercial property, liquor license included.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional investment opportunity in Newfield, New Jersey, presents a prime piece of commercial real estate. Located on Pearl Street, 08344, this property boasts a compelling combination of land and a pre-approved development plan. Previously approved plans exist for a 6,000 square foot strip center, complete with a readily transferable liquor license. The property has already secured necessary approvals, including septic and county erosion permits, making this a truly "shovel-ready" project. This significantly reduces the time and cost associated with typical development hurdles. The existing approvals streamline the process, allowing for a quicker path to profitability. The property's location in Gloucester County, New Jersey, offers excellent access to local amenities and a strong potential customer base. This is an ideal opportunity for investors seeking a turn-key project with significant upside potential. The asking price is $210,000. Detailed design plans and approval documentation are available upon request. This mixed-use property, currently categorized as retail and including land, presents a unique chance to capitalize on a thriving market. Don't miss this chance to acquire a fully permitted and ready-to-build commercial property.

    Property Features for 0 Pearl St

    General Information

    Property type
    Restaurants

    HighLights

    • Exceptional investment opportunity in Newfield, NJ (08344) on Pearl Street.
    • Pre‑approved plans for a 6,000 sq ft strip center with a transferable liquor license.
    • Shovel‑ready; all necessary approvals secured (septic, erosion permits).
    • $210,000 asking price; detailed plans and approvals available upon request.
    • Mixed‑use retail property with significant upside potential in a strong market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Newfield
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.0208297
    Latitude
    39.5463536

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    FAQs

    What type of property is this?
    Restaurant - Shovel-ready commercial property, liquor license included.
    Where is this restaurant located?
    The property is located at Pearl St Newfield, NJ.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity in Newfield, NJ (08344) on Pearl Street.; Pre-approved plans for a 6,000 sq ft strip center with a transferable liquor license.; Shovel-ready; all necessary approvals secured (septic, erosion permits).
    Request Owner's contact information
    Pearl St Newfield, NJ 08344
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    Newfield, NJ 08344
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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
    Pearl St Newfield, NJ 08344
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