Link Copied
020

MLS® 4017006

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $15,230
Days Active 12
Lot Size 
Approx. Age 1920
MLS® Number 4017006

Property Address: 897 Ringwood Ave, Haskell, NJ, 07420-1343

Average square foot calculated using Size range provided by listing agent.

Description

Prime Investment Opportunity: Turnkey Hospitality & Multi-Phase Development Opportunity!!Rarely does a property offer immediate cash flow along with development potential. Situated on a high-visibility deep lot, this multifaceted site is ideal for the strategic investor or owner-operator looking to diversify their portfolio.The Restaurant: Fully renovated, functioning (QSR) restaurant. * New HVAC, plumbing, electrical systems, framing, insulation, bathrooms, etc. * Contemporary dining room with high-end fixtures and a welcoming atmosphere. * Fully equipped with commercial-grade appliances and optimized for high-volume service.Single-Family Rental: Attached to the restaurant is a single-family home, currently utilized as a rental property.The Future: Conceptual Apartment Development!Maximize the "highest and best use" of this land. Included with the sale are professional conceptual drawings for multi-family residential expansion designed by the township engineer.Concept A: 11-units , 1, 236sf per unit over 3 floors (knock down all existing structures)Concept B: 5-units, 1, 200sf per unit over 2 floors and keep the existing restaurant but knock down the house Concept C: 3-4 units, 1, 500sf per unit over 2 floors and keep the existing restaurant but knock down the houseConcept D: 9-units, 1, 000sf per unit over 3 floors (knock down all existing structures)Additional Revenue: Active Truck Parking currently generates auxiliary income by leasing out truck parking spots.
MLS® Number4017006
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
BasementFinished
DrivewayParking Lot-Exclusive
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 26, 2026List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
897 Ringwood Ave, Haskell,

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties