$1,500,000 - Price Reduction

$1,500,000 158 State Route 79 Marlboro, NJ

MLS: 21714046   Type: Commercial   County: Monmouth   City: Marlboro   Neighborhood: Wickatunk   Zip: 07746   Style: Business     Taxes: $10,333

Mortgage $7,042 /mo



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Liquor license sale fell through for THE ANDIRON INN, an established restaurant & bar on busy Rt 79, so the existing restaurant building is again being offered WITH the Consumption LIQUOR LICENSE. Building is approximately 4,500 s.f. with apartment upstairs. Renovation of restaurant was started and not completed, including addition of basement level for food prep. This is strictly an ''AS IS'' sale for the property. Current zoning is LC, but the property is grandfathered for permitted use as a restaurant.. This is a great opportunity in a highly trafficked location.

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Price History

4/12/2017 Listed $1,500,000
3/18/2019 65% - $525,000

Business Name Andiron Inn
Days on Market 914
Farm No
New Construction No
Property Type E
Status Active
Stories 2.0
Tax Year 2016
Taxes 10333.00
Type Business
Use Bar/Tavern/Lounge, Deli/Catering, Pizza, Restaurant, Retail
Year Built 1959
Zoning Commercial, Non-Conforming

Interior Features

# Car Garage 0.00
Basement Full
Electric 200 - 400 AMP
Gas On Site
Heat/ac Central Air, Forced Hot Air, Hot Water
Heating Fuel Natural Gas
Water Heater Natural Gas

Exterior Features

Acreage 1.02
Garage No
Lot Description Highway Frontage, Irregular Lot, Level
Lot Dimensions 156 x 542
Parking Off Street, On Site, Open Lot
Sewer Septic
Water Well

Property Schools

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Property vs Zip Code Avg (07746)

Price 1.50M Avg 433K

Taxes $10,333 Avg $15,785

Acres 1.02 Avg 0.15

Visits 165 Avg 41

Days on Site 786 Avg 209

Walkscore® 26 Avg 37

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Carol Mazzola, Keller Williams Realty West Monmouth, (732) 536-9010

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Location & Address

NJ Realty Pros
2698 Highway 516, Suite G
Old Bridge, NJ