11 Locust StPompton Lakes, NJ 07442

  • Commercial real estate
  • 0.25 AC
For Sale
$1,800,000 View listing

Property Details for 11 Locust St

Construction
CONCRETE BLOCKS
Lot size
0.25 AC
Zone code
DBD
Property type
Commercial real estate
APN
09 02100-0000-00015
APU
902100000000015

Description

This thriving, full-service car wash located at 11 Locust St, Pompton Lakes, NJ 07442, is a fantastic investment opportunity. Built in 1930, this established business sits on a 0.25-acre lot and is offered at $1,800,000. The car wash offers a comprehensive range of services, including exterior hand washes, professional interior/exterior detailing, full-service interior cleaning, speedy oil changes, ceramic coating, dent removal, and engine cleaning. This diverse service offering caters to a wide customer base, maximizing revenue streams. A key factor contributing to its success is a rapidly expanding subscription club, demonstrating strong customer loyalty and a reliable recurring revenue model. The business benefits from a prime location with high foot traffic, ensuring consistent customer flow. Operating seven days a week, this car wash presents a unique opportunity to acquire a profitable and well-established business with significant growth potential in a desirable New Jersey location. The business is being sold as a business only.

Location Insight

City
Pompton Lakes
County
Passaic
State
New Jersey
Latitude
41.0065
Longitude
-74.2947
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
$26,018
$198,000
$485,600
$683,600
-
$198,000
$485,600
$683,600

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