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Property profile & analytics
OFF-MARKET
Commercial real estate

547 High Mtn Rd North Haledon, NJ 07508-2663

0.31 ac lot Built 1953
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US59-2137825
Property summary
AI-generated overview

This exceptional opportunity presents a well-established restaurant in North Haledon, New Jersey, for sale at $289,000. Boasting 3,300 square feet of space, this business currently generates $550,000 in annual sales, exhibiting consistent year-over-year growth of 15-20%. The property is zoned for retail use and includes a fully equipped chef's kitchen, a walk-down basement with refrigeration units and ample storage. The substantial net operating income (NOI) stands at $163,000, showcasing the profitability of this venture. Located near Franklin Lakes and Wyckoff, the restaurant enjoys a loyal customer base. A state-issued wine license is available, presenting a significant opportunity to further increase revenue by an estimated 20%. Inventory will be purchased separately at closing. The current owners are motivated to sell and seek a buyer committed to maintaining the business's success. Serious inquiries only, with proof of funds required before scheduling a viewing. Showings are strictly limited to 8:00 AM - 9:00 AM, and all potential buyers must adhere to strict confidentiality guidelines to avoid disruption to the ongoing operations. Contact for details and scheduling.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1953
Lot 0.31 ac (13,720 SF)
APN 06 00018- 01-00012
UPID US59-2137825
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
547 High Mountain Road LLC
547 High Mountain Road LLC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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