533 Grn Pond Rd, Rockaway, NJ 07866-4249
This exceptional commercial property, located at 533 GREEN POND RD, Rockaway, NJ, presents a remarkable investment opportunity. Boasting approximately 2,000 square feet of space on a 0.29-acre lot, this versatile building offers a multitude of potential uses. Previously operating as the Telemark Tavern, the property retains many of its original features, including a full bar, a stage ideal for live events, and a walk-in refrigerator – perfect for a restaurant or similar establishment. The building also features an upstairs office area, adding to its functional versatility. Hardwood floors throughout add a touch of character and charm. The property's prime location provides excellent visibility and accessibility, further enhanced by its stunning lake view. This is an exceptional opportunity for an owner-user or investor seeking a high-potential commercial space in a desirable location. The asking price is $1,850,000. The property's size and features make it suitable for a wide range of commercial ventures, including restaurants, retail businesses, or office spaces. The existing infrastructure significantly reduces the cost and time associated with renovations or build-outs. Don't miss this chance to acquire a unique and well-positioned commercial property in Rockaway, NJ.
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Tony's Famous Pizzeria Take-out & Catering Catering Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Rockaway, NJRockaway. Always verify with local authorities before improvements.
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.