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324 WHITEHEAD RD
HAMILTON TOWNSHIP, NJ 08619

$1,499,000 
  • -- Beds
  • -- Baths
  • 6,276 sqft
  • Commercial
  • Active
324 WHITEHEAD RD, HAMILTON TOWNSHIP - 40992344
324 WHITEHEAD RD, HAMILTON TOWNSHIP - 40992346
324 WHITEHEAD RD, HAMILTON TOWNSHIP - 40992350
324 WHITEHEAD RD, HAMILTON TOWNSHIP - 40992352
324 WHITEHEAD RD, HAMILTON TOWNSHIP - 40992354
324 WHITEHEAD RD, HAMILTON TOWNSHIP - 40992356
324 WHITEHEAD RD, HAMILTON TOWNSHIP - 40992358
324 WHITEHEAD RD, HAMILTON TOWNSHIP - 40992359

Property Description for 324 WHITEHEAD RD, HAMILTON TOWNSHIP NJ 08619

Plenty of opportunity to increase the ROI. This tavern/legal rooming house will provide income from the start, and because it is situated in a commercial district there are so many things that you can do. Historically, this property has been a tavern/nightclub, bar/restaurant. The price includes a Hamilton liquor license that the new owner could sell separately. Main floor being renovated for possible convenience store. There are currently 18 legal rooms rented weekly, at rates from 150-175 per week. Most tenants are long term. License would allow expansion for 31 tenants. The costs include insurance (10.5k/yr), electric (900/mo), cable (250/mo), oil and gas (3k/yr), phone (58/mo) pest system( 38/mo) that the landlord covers. Tenants pay extra for window air units in summer. Serious buyers may qualify for some owner financing.

  • Property Class: Commercial
  • Listing Status: Active
  • City: HAMILTON TOWNSHIP
  • State: NJ
  • Zip: 08619
  • Area: Hamilton Twp - 21103
  • Class: Commercial
  • Approx Lot Size: 0.270
  • Rental: Yes
  • Baths (F/H): -- / --
  • Living Area (SqFt): 6,276 sqft
  • Lot Sq Ft Apx: 11760.00
  • Year Built: 1901
  • Listing#: 6913881
  • School District: Hamilton Townsh
  • Tax Year: 2017
  • List Date: 1/17/2017
  • Last updated on: 8/14/2018

Property Features for 324 WHITEHEAD RD, HAMILTON TOWNSHIP NJ 08619

  • Building Or Business: Commercial, Professional, Apartmnt BLD, Restaurant, Tavern, Liquorstore, Foodservices, Bed Breakfst, Hotel/Motel
  • Property Age: 117

Additional Information for 324 WHITEHEAD RD, HAMILTON TOWNSHIP NJ 08619

  • School District: Hamilton Townsh
  • Block Or Square: 01581
  • Building Floors: 2.50
  • Improv Assessed Amt: $288,200
  • Interior Square Feet Source: A
  • Land Only: False
  • Lot Dimensions: 84X140
  • Lot Number: 00005
  • Ownership: Leasehold
  • Property Option: Both
  • Total Assessment: 362300.00
  • Water Front: False
  • Total Taxes: $11,673
  • Listing Area: Hamilton TWP - 21103
  • Subdivision: Whitehead Manor
  • Annual Gross Expense: 40120.00
  • Annual Gross Income: 120000.00
  • Year In Business: 10+ Years
  • Listing ID: 6913881
Courtesy of ERA Central Realty Group - Bordentown
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