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    Specialty properties

    62 Oak Rdg Rd, West Milford, NJ 07435

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    This exceptional commercial property at 62 Oak Ridge Rd, Newfoundland, NJ 07435, presents a unique investment opportunity. Priced at $149,000, this offering encompasses a successful, established restaurant business and the land it sits on. The property is classified as special purpose, commercial land with zero units. Located in Passaic/West Milford Township, this property benefits from its established presence within the local community. The exact square footage of the building and land are not specified, however, the asking price reflects the value of both the existing business and the underlying real estate. This turnkey operation offers immediate income potential for a savvy buyer looking to enter the restaurant industry or expand their existing portfolio. The property's address is 62 Oak Ridge Rd, Newfoundland, New Jersey, and its precise geographic coordinates are 41.0524405 latitude and -74.4625106 longitude. This is a rare chance to acquire a profitable, established business with the added benefit of owning the land. Serious inquiries are encouraged to explore this promising venture further. Further details regarding the business financials and operational aspects are available upon request.

    Property profile
    Verified
    Property type Specialty properties
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Permitted uses
    Allowed · conditional · prohibited
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