ADDRESS
62 E Park Place
Morristown, NJ 07960
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$1,300,000
172 Days On Site
46 Thompson StRaritan Boro, NJ 08869
For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
—
SqFt
—
/SqFt
1910
Built
County:
Somerset
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Welcome to your golden investment opportunity! Discover this building in the heart of downtown Raritan Boro, boasting a fully renovated and popular bar/restaurant, complemented by four fully rented apartments. It showcases a new roof, siding, bar top, paved private parking lot and central air (bar only), ensuring a turnkey space for your venture.This gem shines with the charm of a well-established bar/restaurant (see separate business listing), attracting a loyal and enthusiastic clientele. Its prime location in a bustling downtown area promises continuous foot traffic and a thriving atmosphere. This venture offers a perfect blend of stability and growth potential.Beyond the bar/restaurant, the building's income-generating potential expands with its four fully rented apartments. Benefit from passive income streams, creating a sound financial base for your investment.Please note that this listing is for the building only. As-is, no repairs or credits. The bar/restaurant business is listed separately.
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Listing Snapshot
Price
$1,300,000
Days On Site
172 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.21 Acres
Year Built
1910
MLS® Number
3906930
Status
Active
Property Tax
$11,863
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 4 weeks ago | Listing updated with changes from the MLS® | |
| 6 months ago | Listing first seen on site |
General Features
Acres
0.21
Number Of Stories
2
Parking
On Street
Property Sub Type
Mixed Use
Security
Security SystemSmoke Detector(s)
Sewer
Public Sewer
Utilities
Natural Gas Available
Water Source
Public
Zoning
R4
Interior Features
Basement
FullUnfinished
Cooling
Central AirWindow Unit(s)
Heating
BaseboardForced AirNatural Gas
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Exterior Features
Construction Details
BrickVinyl Siding
Roof
Asphalt
Listing courtesy of KELLER WILLIAMS ELITE REALTORS 7322664157
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Neighborhood & Commute
Source: Walkscore
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