0 Northern Bergen County Northern Bergen County, NJ 00000
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.
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
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.