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    Northern Bergen County Northern Bergen County, NJ 00000

    • Commercial real estate
    • 2,500 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 0 Northern Bergen County

    Property size
    2,500 SF
    Property type
    Commercial real estate

    Description

    This thriving Italian restaurant, located in a desirable downtown area of Northern Bergen County, New Jersey, presents a unique investment opportunity. The 2,500 square foot space boasts a recently renovated interior, featuring a Neapolitan oven and ample seating for over 100 guests indoors, with additional outdoor seating available. The property includes a full basement and convenient on-premises and street parking. Currently operating under a triple net (NNN) lease with a remaining term of 13.1 years (expiring January 1, 2038), this single-unit business offers a stabilized investment with value-add potential. The current concept, specializing in authentic Neapolitan pizza, has a proven track record of success. Opportunities exist to expand takeout and off-premise catering services. The asking price is $599,000, translating to $239.60 per square foot. Seller financing may be available. The property is zoned for commercial use. This is a turnkey operation in a high-traffic area, perfect for an experienced restaurateur or a passionate entrepreneur looking to own a successful business. The property's strong lease terms and established customer base provide a solid foundation for continued growth and profitability.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Northern Bergen County
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.1551
    Latitude
    41.0894

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    Northern Bergen County
    Northern Bergen County, NJ 00000
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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
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