324 WHITEHEAD RD Hamilton Township, NJ 08619

191417193 40.24192 -74.72687 230 /listing/191417193-150069106/324-whitehead-rd-hamilton-township-nj-08619 False 0 1499000.0 6276 101 1001762737 False
  • $1,499,000
  • 6,276 sqft
  • 0.27 lot
  • Est payment $8046.96/mo

Property & Neighborhood Info

Commercial in HAMILTON TOWNSHIP

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.

Courtesy Of ERA Central Realty Group - Bordentown
  1. 6,276 Sq. Ft.
  2. 0.27 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1900
  • School District: HAMILTON TOWNSHIP
  • County: Mercer
  • Taxes: $11,673.00
  • Tax Year: 2017
  • Subdivision: Whitehead Manor
  • MLS Number:1001762737

Additional Features

  • Air Conditioning:
    • No
  • Rooms:
    • Master Bedroom
  • Fireplace Y/N:
    • No
  • Business Type:
    • Apartment Building
    • Bar/Tavern/Lounge
    • Bed & Breakfast
    • Commercial
    • Food & Beverage
    • Hotel/Motel
    • Liquor Store
    • Professional Service
    • Restaurant
  • Garage:
    • No
  • New Construction:
    • No
  • Waterfront:
    • No
  • Gross Income:
    • 120000.00
  • List Type (Exclusive):
    • Exclusive Agency
  • Rental Features:
    • No
  • Sale Includes:
    • Equipment
    • Land and Building
    • Land Only
    • Liquor License
    • Owner Will Train
  • Gross Expenses:
    • 40120.00
  • Possession:
    • 61-90 Days CD
  • Price Per SQFT:
    • 238.85

324 WHITEHEAD RD Hamilton Township, NJ 08619

191417193 40.24192 -74.72687 230 /listing/191417193-150069106/324-whitehead-rd-hamilton-township-nj-08619 False 0 1499000.0 6276 101 1001762737 False
  • $1,499,000
  • 6,276 sqft
  • 0.27 lot
  • Est payment $8046.96/mo