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OFF-MARKET
Specialty properties

62 Oak Rdg Rd West Milford, NJ 07435

Property ID
Property summary
AI-generated overview

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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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