Westfield NJ Area Real Estate and Homes For Sale

Home for Sale at 312 Hwy 31, East Amwell Twp., NJ 08525

 
 
 
 
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312 Hwy 31, East Amwell Twp., NJ 08525
Listing# 3578152
 
 
 
 
Price: $1,295,000
Sq. Feet: 3071
Type: Commercial
County: Hunterdon
 
 
 
 
    Photo of home for sale at 312 Hwy 31, East Amwell Twp. NJ
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Property Description:
 
 
 
 
The intersection of Rt. 31 & Rt.518 is a Heavy traffic area. Rt.287 & Rt. 78 to Route 31 & 202. connecting to 1-195 & 295.Great hwy. site. Need variances for other types of businesses. Income $50,000 yrConsider a 2-3 pad. The building is 3071 sq. ft. The land is 9.36 acres. There is an ingress & egress from Rt. 31 & Rt. 518.The restaurant has been running for 50 years & has a proven track record of time! Renovated about 5 years ago. There's a possibility of combining the corner lot 1.01 acres plus the 14.50 acre behind the restaurant. That's around 25 acres total. The nursery trees & buildings are excluded from the sale. According to the DOT, in 2016 the RT.31 traffic count was 13,829 a day & Rt. 518 was 4,959. a day. Since then it has increased. he restaurant & parking areas are grandfathered in as commercial.

 
 
 
 
OVERVIEW:
 
 
 
 
Property Type:Commercial
Listing Status:Active
Property Subtype:Restaurant
Year Built:1969
Acres:9.36
Square Feet:3071
Exterior:Vinyl Siding
Roofing:Flat
Parking Description:Blacktop, Parking Lot-Exclusive
Heating:1 Unit, Baseboard - Electric
Heat Source:Gas-Natural
Cooling:1 Unit, Central Air
Water:Well
Sewer:Septic
Utilities:Electric, Gas In Street
 
 
 
 
FINANCIAL:
 
 
 
 
Listing Price:$1,295,000
Tax Amount:$9,488
Tax Year:2018
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