62 Oak Rdg Rd, West Milford, NJ 07435
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.
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 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.