Financial
Distress signals
Property profile

36 John Ringo Rd Ringoes, NJ 08551

FOR SALE
Commercial real estate
Property ID
US59-0189203
1,380 SF 0.5 ac lot
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional business opportunity presents the chance to acquire a well-established restaurant in Ringoes, NJ, boasting a remarkable 53-year history under the same family ownership. The restaurant has thrived, even exceeding pre-pandemic performance levels. Currently operating six days a week, from 7 AM to 2 PM, the business offers significant potential for expansion, including evening hours. The current operational model is cash-only. A key advantage for prospective buyers is the

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value · 2024$219k
Assessed land$138k
Assessed improvement$81k
Effective rate2.61%

Value estimate

· Sep 2026
$235k
$212k – $259k
AI approach$235k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 2.64% cap applied$21k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$166/SF
County average, outlier-cleaned · 235 recorded sales of this use type
Observed band · Q1–Q3$103 – $262
Qualifying comparables18

Cap rate analysis

How does the asset earn?
2.64%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LB
JurisdictionHUNTERDON

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service8.9
Auto Parts Store8.7
Kitchen & Bath8.2

Location

36 John Ringo Rd Ringoes, NJ 08551
County assessor Recorded deeds · not on file 18 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
373 Rte 31st N, Ringoes, NJ 08551-1406 $175,000 Feb 2023 1,728 SF
176 Us Hwy 202nd, Ringoes, NJ 08551-2020 $5,100,000 Jan 2023 1,516 SF
1076 Old York, Ringoes, NJ 08551-1040 $270,000 Apr 2022 1,134 SF
151 Us Hwy 202, Ringoes, NJ 08551-1909 $267,500 Nov 2021 1,176 SF
134 Us Hwy 202, Ringoes, NJ 08551 $535,000 Jan 2021 1,800 SF
1034 Old York, Ringoes, NJ 08551 $220,000 Oct 2018 1,604 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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