112 Rt. 72, Vincentown, NJ 08088
This exceptional commercial property in Vincentown, NJ presents a rare investment opportunity. Situated on a high-profile, busy highway, the property encompasses 2.38 acres and includes three buildings, plus two additional vacant lots. The centerpiece is a well-established tavern and restaurant, operating successfully for nearly 101 years under only four owners. The 2,000 square-foot tavern retains its original log cabin charm while boasting a recently updated outdoor patio, expanding its entertainment space. A fully equipped commercial kitchen features walk-in cooler and freezer units, complemented by a new exhaust hood installed in 2021. Importantly, the liquor license is included in the sale. Supplementing the tavern's income are eight rental units, six currently occupied and two undergoing renovation. Coin-operated laundry facilities are available for tenant use. The total building square footage is 4,500 square feet. The property is being sold "as is," however, the seller is open to negotiations and concessions to expedite the sale and is also open to seller financing. Financial documentation will be required with any offer. This is a turnkey operation with significant income potential. All reasonable offers will be considered.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.