555 Penn St Perth Amboy, NJ 08861
Discover a remarkable investment opportunity: a fully operational restaurant located at 555 Penn Street, Perth Amboy, New Jersey, 08861. This exceptional property is priced at $579,900 and boasts a spacious layout capable of comfortably seating up to 200 guests, ideal for a wide range of events, from intimate dinners to large-scale celebrations. The property includes a valuable full liquor license, allowing for a diverse and profitable beverage program. The restaurant's ambiance is enhanced by a sophisticated, state-of-the-art sound system, ensuring a perfect atmosphere for any occasion. Security is a top priority, with a comprehensive security camera system installed for peace of mind. This single-story building presents a turnkey operation in a vibrant location. The property is classified as Special Purpose and is currently not yielding a cap rate. This is a rare chance to acquire an established and successful restaurant business in a desirable New Jersey market. Serious inquiries only.
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Jennifer Lounge Restaurant Restaurant
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
Similar Nearby for Sale
Similar Nearby for Lease
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.