$399,999 - Price Reduction

$399,999 Not Disclosed Eatontown, NJ

MLS: 21906642   Type: Commercial   County: Monmouth   City: Eatontown   Zip: 07724   Style: Commercial     Taxes: $4,996

Mortgage $1,878 /mo



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Commercial Income Investment Property. Huge upside potential. Purchase this building for the existing income and operate or lease out the restaurant.Potential CAP rate between 8 and 9% Very close to the Fort Monmouth Redevelopment area. Take advantage of the Renaissance occurring in this area and get in now. Drastic price reduction. Priced to sell. Real estate for sale with a Pizza Restaurant business. Awesome opportunity in a booming area. Additional rental income from the tenants in the building. Salon $950 per month upstairs office one at $300 per month and one at $400 per month potential rent from pizza restaurant. estimated $2,000 per month.

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Price History

2/18/2019 Listed $575,000
4/9/2019 14% - $499,000
8/6/2019 10% - $449,900
10/19/2020 12% - $399,999

Business Name Confidential
Days on Market 650
Electric 220 Volt
Garage No
Location Comm Distr
Parking Off Site, Off Street, On Site, On Street, Paved, Public Lot
Property Type E
Roof Sloped
Sewer Public Sewer
Status Active
Stories 2.0
Tax Year 2018
Taxes 4996.00
Type Commercial
Use Pizza, Professional/Office, Retail
Water Public Water
Water Heater Other - See Remarks
Year Built 1910
Zoning Central Business, Commercial, Office, Professional, Retail

Interior Features

Basement Partial
Gas On Site
Heat/ac Central Air
Heating Fuel Natural Gas
Number of Garages 0.00

Exterior Features

Construction/siding Vinyl
Exterior Sign
Lot Description Cleared, Curbing, Level, Sidewalks
Lot Dimensions 39 x 159

Property Schools

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Property vs Zip Code Avg (07724)

Price 399K Avg 440K

Taxes $4,996 Avg $9,336

Visits 240 Avg 61

Days on Site 651 Avg 256

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Listing Provided Courtesy Of: Mark J Krupnick, Keller Williams Realty Central Monmouth

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Location & Address

Keller Williams Realty Monmouth/Ocean
353 N. County Line Rd
Jackson, NJ