231 Kinderkamack RdWestwood, NJ 07675

  • Commercial real estate
  • 2,759 SF
For Sale
$349,000 View listing

Property Details for 231 Kinderkamack Rd

Year built
1833
Construction
FRAME
Lot size
0.24 AC
Property size (Sq ft)
2,759 SF
Property type
Commercial real estate
APN
67 01504-0000-00007
APU
6701504000000007

Description

This exceptional business opportunity presents a chance to acquire a well-established and highly profitable deli and catering business situated in the vibrant downtown area of Oradell, New Jersey, within Bergen County. Boasting a stellar reputation cultivated over many years, this enterprise has consistently generated significant revenue, with a reported gross income of $1,200,000 in 2023. This figure represents a strong five-year track record of success, demonstrating the business's resilience and market dominance. The deli serves a large and loyal customer base drawn from the surrounding communities, ensuring a steady stream of clientele. The current owner is retiring, creating a unique opportunity for a driven entrepreneur to step into a turnkey operation with an already established customer base and proven profitability. This is an ideal acquisition for someone seeking a high-volume, established business with immediate earning potential. The sale includes the established business, its operational infrastructure, and its strong brand recognition within the community. This is a rare chance to own a successful, high-income-generating business in a prime location, ready for immediate ownership and continued growth under new leadership. Financial details are available upon request and verification of the provided income figures is recommended.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $516,964
    6.5%
    $477,198
    7%
    $443,112
  • Comparable approach

    Method
    Valuation
    Relative Method
    $360,491
    Geo Method
    $360,491
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $939,493
    Retail / Commercial
    $481,767
    Mixed-Use / Specialty
    $480,050
    Hospitality / Lodging
    $352,197
    Office
    $477,198
    Institutional / Educational
    $499,058
    Residential Income
    $583,898
    Multifamily
    $700,296
    Automotive / Energy
    $427,764
    Parking / Income-Based Land
    $147,616
    Restaurant / Food Service
    $249,678
    Healthcare / Senior Housing
    $492,282

Location Insight

City
Westwood
County
Bergen
State
New Jersey
Latitude
40.9899
Longitude
-74.0277
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
$11,578
$311,100
$218,100
$529,200
-
$311,100
$218,100
$529,200

FAQs

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