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Property profile & analytics
FOR SALE
Turn key restaurants

101 Paterson St New Brunswick, NJ 08901

4,186 SF 0.13 ac lot Built 1911
Entity Owned 13-yr Hold Free & Clear
Property ID
US59-1167990
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1911
Construction BRICK
Total area 4,186 SF
Lot 0.13 ac (5,733 SF)
Zoning code C-4
APN 13 00023- 01-00010- 02
UPID US59-1167990
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
Current use
Occupant on record · Public records
  • Destination Dogs Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
$734k
Blend (final) Blend
$590k
Owner & transaction history
Cappelletti Properties LLC · 13 yrs held
Cappelletti Properties LLC
since 2013
2 recorded transactions
2013
Price N/A
2005
$377,104
Zoning & alternative use
C-4 · New Brunswick, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

only with respect to properties within the downtown commercial/office (C-4) district or with historic preservation potential and/or only if the change in color entails the application of paint to a surface which has not been painted before. Ordinary maintenance shall not be considered an alteration within this definition. "Amusement arcade" means a building…

Zone name Downtown Commercial And Office
General category COMMERCIAL
Zone area 113.17 ac
Source municipal code
Top alternative use upside
Medical building $810,000 +70.8%
Auto repair, garage $715,000 +50.4%
Retail stores $670,000 +40.9%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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