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1600 E St Georges Ave, Linden, NJ 07036
$200,000
1600 E St Georges Ave, Linden, NJ 07036View this property at 1600 E St Georges Ave, Linden, NJ 07036
1600 E St Georges AveLindenNJ07036
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Property Description
This 12,000 sq ft restaurant space in a prime residential area offers a 7-year lease at $3,100/month. It features 24+ seats, a 100-car parking lot, and a 12-camera security setup. Located near a senior home, Domino's, high schools, and universities like Union County College and Kean University, it has robust transport links with a nearby bus stop to NYC and a train station. Partnered with UberEats, GrubHub, and DoorDash, and with its own app and website, the restaurant is well-integrated into digital ordering platforms. Potential to either continue with the existing franchise or establish a new brand, with monthly revenues ranging from $30,000 to $45,000. Operating hours are 11 am to 10 pm Mon-Sat and 12 pm to 9 pm Sun. Positioned close to a county highway surrounded by Wawa, Aldi, and a hospital, the restaurant operates with four employees and offers delivery through Cisco. The franchise opportunity includes comprehensive training, with added benefits like a BYOB policy, making it a desirable 2nd generation restaurant venture.
Full Property Details
Full Property Details for 1600 E St Georges Ave
General
- Price: $200,000
- Status: Active
- Type: Business
- MLS ID: 3895949
- Updated: 4/13/2024
- Added to Site: 16 day(s) ago
Business
- Name: Wing It On!
- Business Type: Professional Service, See Remarks
- Business Sub-Type: Professional Service
Rental Information
- Lease Info: 5 or More Years
Rooms
Bathrooms
- Restrooms: 1
Parking
- Garage Description: None
Location
- County: Union
- Driving Directions: Head towards E St Georges Ave. Look for signs directing towards NJ-27. Merge onto E St Georges Ave/NJ-27. Locate 1600 E St Georges Aveor USE GPS
Heating & Cooling
- Cooling Type: Multi-Zone Cooling
- Heating Type: Multi-Zone
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: Electric
Structural Information
- Square Feet: 12,000
- Aprox. Leasable: 11,997 Sq. Ft.
Lot Features
- Frontage: City/Town Street, State Road
- Driveway/Sidewalk: Additional Parking, Blacktop, Parking Lot-Shared
Financial Considerations
- Lease Price Per Mth: $3,100
- Operating Expenses: $142,580
Disclosures and Reports
- Ownership: Sole Proprietorship
- Documents Avail.: Aerial Photographs, Leases, Tax Returns
- APN: 2909-00040-0000-00003-0000-
Listed by The Thompson Realty Group
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Schools
Schools serving 1600 E St Georges Ave
School District:Linden Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1602 Dill Ave, Linden, NJ 07036 | PK-5 | 0.1 mi | |
300 E Henry St, Linden, NJ 07036 | PK-8 | 1.1 mi | |
121 W Saint Georges Ave, Linden, NJ 07036 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1600 E St Georges Ave
Date
Details
Price
Change
Source
4/13/2024
Listed
$200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1600 E St Georges Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$112,007
-1%
$1,620,000
—
2022
$112,655
—
$1,620,000
—
2021
$112,574
1%
$1,620,000
—
2018
$111,569
2%
$1,620,000
—
2017
$109,156
-16%
$1,620,000
-19%
2016
$130,226
4%
$1,995,500
—
2015
$125,258
12%
$1,995,500
23%
2019
$111,602
-6%
$1,620,000
-19%
2013
$118,433
—
$1,995,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1600 E St Georges Ave
1600 E St Georges Ave, Linden, NJ 07036 (MLS# 3895949) is a Business property. 1600 E St Georges Ave is currently listed for $200,000 and was received on April 13, 2024. Want to learn more about 1600 E St Georges Ave? Do you have questions about finding other Business real estate for sale in Linden? You can browse all Linden real estate or contact a Coldwell Banker agent to request more information.