402 Zion RdEgg Harbor Township, NJ 08234

  • Commercial real estate
  • 0.32 AC
For Sale
$549,000 View listing

Property Details for 402 Zion Rd

Construction
TYPE NOT SPECIFIED
Lot size
0.32 AC
Zone code
R-3
Property type
Commercial real estate
APN
08 06108-0000-00001
APU
806108000000001

Description

This exceptional opportunity presents a well-established deli and restaurant for sale in Egg Harbor Township, New Jersey. The business, owned by the same operator for over 30 years, boasts consistent annual gross sales exceeding $580,000. Included in the sale are the real estate, fixtures, furniture, and equipment (FF&E), representing a turnkey operation. The 1,600 square foot building sits on a 0.32-acre lot with ample parking (20 spaces) and benefits from a high-traffic location on Zion Road, near Atlantic Christian School, Walgreens, and Circle K. The property's R-3 Non-Conforming Use zoning is grandfathered. The sale includes a wide range of equipment, including two hoods, refrigerated display cases, kitchen equipment, a deep fryer, a pizza oven, refrigerators, and seating. The business offers deli and luncheonette services, packaged and prepared foods, and lottery sales, with significant potential for expansion into the growing take-home prepared food market. High daily traffic counts (Zion Road: 7,717-8,919 vehicles

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,060,396
    Hospitality
    $4,635,296
    Educational
    $3,856,512
    Medical
    $3,989,143
    Retail
    $5,999,018

Location Insight

City
Egg Harbor Township
County
Atlantic
State
New Jersey
Latitude
39.3608
Longitude
-74.6347
CBSA code
12100
CBSA name
ATLANTIC CITY, NJ 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
2023
$7,004
$59,800
$149,400
$209,200
-
$59,800
$149,400
$209,200

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