Property profile

20 Leigh St Clinton, NJ 08809

OFF-MARKET
Other commercial real estate
Property ID
US59-1263058
748 SF 0.12 ac lot Built 1865
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A mixed-use property located in Clinton, New Jersey, consisting of total building area of approximately 4,500 square feet on a 0.12-acre lot. The property includes multiple renovated structures with extensive internal and external renovations completed since the current owner’s purchase, and new siding being installed on the front building. Security and life-safety systems include a fire suppression system and burglar alarms installed in 2015, along with code-locking mechanisms on the doors. The property is configured to support SV Pizzeria as a restaurant use, with seating for 66 people in a courtyard/restaurant area (60 seats outside and 6 seats inside), and includes restaurant fixtures, equipment, and operational materials associated with the business. State certification is noted as a green card valid through 2031. The site is described as having approximately 50,000 average daily traffic in the surrounding area.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1865
Construction FRAME
Total area 748 SF
Lot 0.12 ac (5,200 SF)
Zoning code C-1
APN 05 00010-0000-00015
UPID US59-1263058

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

20 Leigh St Clinton, NJ 08809-1310
Clinton metro Census 10801 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$475k

Owner & transaction history

since 2022
Last sale
$770,000
7 recorded transactions
2022
$770,000
2018
Price N/A
2017
Price N/A
2008
$550,000
1997
$305,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-1 · Clinton, NJ
Zoning description

Downtown parking requirements. Within the area of the C-1 Zone District that lies east of the South Branch of the Raritan River and north of State Route 173, the parking requirements of Subsection A above shall not apply…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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