86 Spg Vly Rd, Park Ridge, NJ 07656-1857
- Commercial real estate
- 0.95 lot acres
Current Use by Public Records
- Esty Street / Restaurant
Property Details for 86 Spg Vly Rd
- Year built
- 1927
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.95 lot acres
- Property type
- Commercial real estate
- APN
- 47 00903-0000-00004
- APU
- 4700903000000004
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 8, 2024 | — | Means Preemont Holdings LLC | — | Deed · related | $400k · Newtek Bank NA |
| Sep 2, 2022 | — | Spring Valley Partners LLC | — | Deed · related | $314k · Newtelc Small Business Finance LLC |
| Jan 18, 2019 | — | Spring Valley Partners | — | Deed · related | $682k · Lakeland Bank |
| Oct 24, 2008 | $1,125,000 | Spring Valley Partners LLC | Esty Street Partners LLC | Grant Deed | $900k · Lakeland Bank |
| Sep 10, 2007 | $1,125,000 | Esty Street Partners LLC | Albanis,dean | Grant Deed | — |
| Jul 21, 2004 | $282,947 | Dean Albanis | Allison Leigh INC | Grant Deed | — |
| — | — | Dean Albanis | — | Deed Of Trust · related | $600k · Wachovia Bank NA |
Description
This exceptional opportunity presents a fully operational, 5,000 square foot restaurant in Park Ridge, NJ, boasting a coveted plenary liquor license (#33). Situated on a nearly one-acre lot (41,382 sq ft) with 30 parking spaces, this two-story building offers significant expansion potential. Built in 1920 and renovated in 2008, the property features a fully equipped kitchen with walk-in refrigerators and a prep kitchen in the lower level. The main dining area comfortably seats 75 patrons, with additional bar seating for 12. The restaurant, previously a highly successful establishment recognized with a 2023 Diners' Choice Award, is located in a prime Bergen County area, surrounded by affluent communities and boasting excellent street visibility. The R20 zoning allows for various uses. The property's location provides easy access to major roadways, including the Garden State Parkway, and benefits from a high average median income of $195,000 in the surrounding area. This turnkey operation presents a rare chance to acquire a thriving business in a desirable location, with ample room for growth and development. The asking price is $1,879,000 ($375.80/sq ft).
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Location Insight
- Map
- Local Demand
- City
- Park Ridge
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.0583
- Latitude
- 41.0352
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
