Business For Sale in North Arlington, NJ
 

MLS# : 24008619

Street : 293 Ridge Road
Price : $425,000
Town : North Arlington, NJ 07031
General Tax Rate (2023) : 2.442%

PROPERTY DETAILS

Use : Service/Food
Type : Restaurant
Basement : Partial, Unfinished
Utilities : Sep Elec, Sep Gas, Sep Heat
Owner Pays : None

PROPERTY DESCRIPTION

Beautiful turn-key, well established and profitable Latin Restaurant for sale branded within a very desirable Bergen County, NJ community. Offers authentic Colombian cuisine made fresh daily for breakfast, lunch and dinner including desserts and onsite bakery. Open 7 days a week, on a highly visible and busy main road. Located on a corner property with 1600sf of space and a seating capacity for 52. Takeout and delivery services established via Uber, Grubhub and Doordash with 4.7 stars! All furnishings, fixtures, equipment and inventory included in the sale. Basement has a small storage area, plenty of on-street parking. Seller does not own the building but has favorable lease terms. Building is not for sale. Business offers excellent cash flow and is a tremendous opportunity for an owner operator, chef or investor.

Amenities

This listing is a courtesy of Coccia Realty Better Homes & Gardens-Lyndhurst
(201) 939-8900 office, listing agent Michael Amoroso

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


About North Arlington, NJ Real Estate Market

North Arlington is a moderately-sized borough in Bergen County in New Jersey state, which is located in the extreme southern part of the county. A home for around 15,500 people, the borough of North Arlington covers an area of 2.53 square miles. In 2017, the borough of North Arlington got its place as one of the top ten best places to live in the USA.

With a healthy economy, higher standards of living and affordable homes, North Arlington has become one of the most preferred choices for those people who look for homes in New Jersey. The borough shares its borders with different boroughs of different counties, such as Lyndhurst from Bergen County, Kearny from Hudson County and Belleville from Essex County.

The city is also home to the James Zadroga Soccer Field, which received a memorial to pay homage to the people who lost their lives during the 9/11 terror attack in New York.

The journey of North Arlington as a borough began in 1896 when a referendum was passed for it. The decision of making it a borough was affirmed by an act of the New Jersey Legislature in the same year. Since it is located in the north of Arlington section of Kearney, it got its name North Arlington.
Population:  15,392
Total Housing Units:  6,573
Single Family Homes:  3,730
General Tax Rate (2023):  2.442%
Effective Tax Rate (2023):  2.102%
Compare To Other Towns

North Arlington Market Indicators

PRICE INDEX

Average Price* (12mo):  $606,939
Homes Sold* (12mo):  54
PRICE INDEX
SINGLE FAMILY HOME SALES

North Arlington, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  2.442%
Effective Tax Rate (2023):  2.102%
GENRAL TAX RATE - North Arlington, NJ



Similar Listings in North Arlington

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 11/22/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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