Last Updated: 10/28/2016 4:47 AM
Description for 1201 Clements Bridge Road Barrington, NJ 08007
A Great investment property!! Recent upgrades beautiful Sushi restaurant near New Jersey Turnpike, Blck and Wite Horse Pikes and RT 295. It features 5400 SF indoor dining space and 1500 SF outdoor deck. 3200 SF basement has 9 feet ceiling. Fully equipped commercial kitchen and all tables and chairs included in the sale.Current owner just replaced the roof and the central air conditioner . The building is situated on a 2 acres of land with parking for 80 cars. Current lease is 10 year term. Tenant pays 4000 dollars rent a month plus insurance and all utilities. At two years the rent will increase to 4500/month. Starting from the third year (2019)rent will be increased 3 per cent each year, this will be a huge benefit for the owner. Come take a look at the treasure, don't let the opportunity pass you. Please schedule showings from Fridays to Sundays.
Public Water Service
Public Sewer, Sewer Available
Electric service available
Exterior / Lot Features
Fire Escape, Suburban, US Highway
Current market conditions for 1201 Clements Bridge Road
Active Market Trends
Median list price$148,900
Days on market137
Properties for sale44
Sold Market Trends
Median sold price$159,900
Sales to list price97.0%
Median sq ft price$129
Arrows indicate 90 day trend
Listing Price History for 1201 Clements Bridge Road
Barrington Real Estate
Barrington is located in New Jersey. Barrington, New Jersey 08007 has a population of 6,966.
The median household income in Barrington, New Jersey 08007 is $64,214. The median household income for the surrounding county is $62,320 compared to the national median of $53,046. The median age of people living in Barrington 08007 is 40.5 years.
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