5 Atlantic StHackensack, NJ 07601

  • Other commercial real estate
  • 3,876 SF
For Sale
$150,000 View listing

Property Details for 5 Atlantic St

Year built
1950
Construction
BRICK
Lot size
0.03 AC
Property size (Sq ft)
3,876 SF
Property type
Other commercial real estate
APN
23 00209-0000-00023- 02
APU
230020900000002302

Description

This exceptional opportunity presents the chance to acquire a thriving pizzeria in Hackensack, NJ, priced at $150,000. Established four years ago, this turnkey business boasts a solid sales history and significant untapped potential. The current owner has built a loyal customer base, providing a strong foundation for continued success. Growth opportunities abound, including expanding delivery services and leveraging mobile ordering apps to reach a wider audience. The strategic location benefits from a surge in nearby residential rentals, creating a readily available pool of new customers. The sale includes the business itself, along with all fixtures, furniture, and equipment (FF&E), all of which are owned outright. The property features a spacious basement ideal for storage and food preparation, enhancing operational efficiency. Currently, the pizzeria offers 18 dine-in seats, providing a comfortable and inviting atmosphere for customers. There's also the potential to expand the seating capacity by adding outdoor seating, further increasing revenue potential. This is a rare opportunity to own a well-established, profitable business with clear avenues for expansion and growth in a vibrant and developing area. The business is ready for a new owner to step in and continue its success story. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $733,491
    Hospitality
    $671,874
    Educational
    $558,991
    Medical
    $578,216
    Retail
    $869,542
5 Atlantic St, Hackensack, New Jersey

Location Insight

City
Hackensack
County
Bergen
State
New Jersey
Latitude
40.8812
Longitude
-74.0443
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
$17,751
$104,000
$446,000
$550,000
-
$104,000
$446,000
$550,000

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