492 Market St
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492 Market St
9,159 SF Retail Building Saddle Brook, NJ 07663 $2,500,000 ($273/SF)
Executive Summary
PERFECTLY LOCATED IN THE HEART OF SADDLE BROOK. APPROX 25000 SF OF LAND WITH 53 PARKING SPACES. HIGHLY VISIBLE TO OVER 13,000 VEHICLES DAILY. CURRENTLY, THE OWNER IS OPERATING JAPANESE HIBACHI RESTAURANT & BAR. 2ND FLOOR HAS APPROX 3000 SF OF BANQUET HALL. THE LIQUOR LICENSE IS SOLD SEPARATELY FOR $200K. IT IS A GREAT OPPORTUNITY TO OPERATE A WELL ESTABLISHED JAPANESE RESTAURANT OR CAN BE DELIVERED VACANT.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,159 SF
Building Class
C
Year Built
1950
Price
$2,500,000
Price Per SF
$273
Tenancy
Single
Building Height
2 Stories
Building FAR
0.37
Land Acres
0.57 AC
Zoning
B-2 - Commercial
Parking
53 Spaces (5.79 Spaces per 1,000 SF Leased)
Frontage
62 FT on Market St
Amenities
- Restaurant
- Air Conditioning
Walk Score ®
Very Walkable (75)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 57-00707-0000-00006 | Improvements Assessment | $675,700 |
| Land Assessment | $600,000 | Total Assessment | $1,275,700 |
PROPERTY TAXES
Parcel Number
57-00707-0000-00006
Land Assessment
$600,000
Improvements Assessment
$675,700
Total Assessment
$1,275,700
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James Yi -
Young Star Realty
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492 Market St
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