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$2,000,000 Just Listed
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Property Description
4200 Sf free standing building W/ private parking. Rent rolling $12,000/month on triple net lease tenants cover taxes...current tenants are paying well below fair market rent. Current owners own Liquor license that could also be purchased separate of the property. Currently a BUSY fully-built out in excellent condition restaurant with private upstairs party room, 50 seating bar, fully built out commercial kitchen & bar, indoor & outdoor seating. In the heart of new brunswick between RWJUH, the court houses, parking deck & train. Optimal location!!! This is for the building only and not the business that currently occupies. Tenants happy to stay& are currently on a month to month lease. Would sign a long term lease. Restaurant equipment owned by property owner would stay.
Full Property Details
Full Property Details for 101 Paterson St
General
- Price: $2,000,000
- Taxes: $27,700 (2025)
- Status: Active
- Type: Commercial Service
- Source: Monmouth
- MLS ID: 22623991
- Updated: 8/4/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Other, Restaurant
- Year Established: 2009
Interior
- Number of Fireplaces: 2009
Parking
- Total Spaces: 10
- Parking Features: Off-Site, On-Site Parking, Parking Lot, Paver Block
Location
- Area: New Brunswick (NWB)
- Municipality: New Brunswick (NWB)
- County: Middlesex
Heating & Cooling
- Heating Type: Other
Utilities
- Gas: On Site
- Dist. to Gas: On Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Square Feet: 4,186
- Current Bldg. Use: Other, Restaurant
- Minimum Avail: 3,500 Sq. Ft.
- Year Built: 1907
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,662.8
- Lot Dimensions: 117 x 49
Financial Considerations
- Price Per Sq. Ft.: $477.78
- Assessment Amount: $1,030,500
- Tax Amount: $27,700
- Tax Year: 2025
Disclosures and Reports
- Property ID: 13-00023-01-00010-02
- Section: None
Listed by Signature Realty NJ, Amanda Cruz
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Price & Sales History for 101 Paterson St
Date
Details
Price
Change
Source
8/04/2026
Listed
$2,000,000
430.36%
MLS
7/15/2005
Sold
$377,104
—
Public Record
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 101 Paterson St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$27,700
3%
$1,030,500
—
2024
$26,989
3%
$1,030,500
—
2023
$26,206
2%
$1,030,500
—
2022
$25,649
-1%
$1,030,500
—
2021
$25,943
34%
$1,030,500
—
2021
$19,425
-22%
$1,030,500
—
2019
$24,969
2%
$1,030,500
—
2018
$24,402
4%
$1,030,500
—
2017
$23,434
25%
$1,030,500
223%
2016
$18,736
2%
$319,400
—
2015
$18,289
3%
$319,400
—
2013
$17,819
—
$319,400
—
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 101 Paterson St
101 Paterson Street, New Brunswick, NJ 08901 (MLS# 22623991) is a Commercial Service property. 101 Paterson Street is currently listed for $2,000,000 and was received on August 04, 2026. Want to learn more about 101 Paterson Street? Do you have questions about finding other Commercial Service real estate for sale in New Brunswick? You can browse all New Brunswick real estate or contact a Coldwell Banker agent to request more information.

