300 Union AveRutherford, NJ 07070

  • Commercial real estate
  • 920 SF
For Sale
$790,000 View listing

Property Details for 300 Union Ave

Year built
1938
Construction
TYPE NOT SPECIFIED
Lot size
0.17 AC
Property size (Sq ft)
920 SF
Property type
Commercial real estate
APN
56 00008-0000-00027- 01
APU
560000800000002701

Description

This exceptional business opportunity presents a well-established dry cleaning operation ideally located in the heart of Rutherford, New Jersey. The sale includes all necessary equipment and fixtures, ensuring a seamless transition for a new owner. Ample parking is available for customer convenience, contributing to the business's established success. The sale price of $790,000 encompasses not only the Rutherford location but also a second, complementary drop store situated in Jersey City, offering immediate expansion potential. Two delivery vehicles are included in the sale, streamlining operations and enhancing service capabilities. This turnkey business is ready for immediate operation, presenting a rare opportunity for an entrepreneur seeking a profitable and established enterprise in a prime location. The existing infrastructure and customer base provide a solid foundation for continued growth and success. Further details regarding the business's financial performance and operational specifics are available upon request. This is a unique opportunity to acquire a profitable, established business with immediate revenue generation and significant growth potential. Don't miss out on this chance to own a thriving dry cleaning business in a desirable New Jersey location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $174,100
    Hospitality
    $159,475
    Educational
    $132,681
    Medical
    $137,244
    Retail
    $206,393

Location Insight

City
Rutherford
County
Bergen
State
New Jersey
Latitude
40.8362
Longitude
-74.1129
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$22,048
$350,000
$392,600
$742,600
-
$350,000
$392,600
$742,600

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