Business For Sale in Jersey City, NJ
MLS# : 260000396
PROPERTY DETAILS
PROPERTY DESCRIPTION
Cafe Monticello, offers an exceptional opportunity to own a fully renovated, turnkey café/business in one of the city’s most vibrant and growing neighborhoods. The current owner has made substantial upgrades within the past year, investing in top-quality equipment including a 2-group Wega espresso machine, 6-burner drip coffee machine, espresso grinder, coffee grinder, 3-tier pastry display case, two commercial convection ovens, a walk-in cooler, 3ft electric commercial griddle, refrigerated chef stand, kitchen hood, and an exterior backyard area ideal for potential outdoor seating. This café provides a warm, welcoming environment with strong potential for breakfast, brunch, and specialty coffee service. The current owner, who also successfully operates Wonder Bagel, is open to offering a contract to supply freshly baked goods and bagels, ensuring continued quality and customer appeal. The space is leased for five years at $1,850 per month, with an additional five-year renewal option available. Cafe Monticello currently operates Tuesday through Friday from 7:00 AM to 3:00 PM, Saturday and Sunday from 8:00 AM to 3:00 PM, and is closed on Mondays. This is a rare opportunity for entrepreneurs seeking a thoughtfully upgraded, fully equipped coffee business in a dynamic Jersey City location with room for growth.
Amenities
This listing is a courtesy of HOWARD HANNA RAND REALTY
201-659-7101 office, listing agent OKSANA CONDON
About Jersey City, NJ Real Estate Market
Jersey City currently serves as a prime hub for distribution and transportation terminus for the Port of New York and New Jersey. Ever since the redevelopment of the Jersey City Waterfront happened, Jersey City became a major hub for banking and finance in the United States of America. All these developments in these years also resulted in the development of Hudson County real estate in the city.
Consisting of most of the parts of Ellis Island, Jersey City also surrounds Liberty City through its waters in the Upper New York Bay. Thanks to its proximity and easy connectivity to Manhattan, Jersey City is also considered the sixth borough of New York City. Jersey City has some of the earliest European settlements in North America, which played a crucial role in the development of various sections of the city.
| Population: | 267,345 |
| Total Housing Units: | 104,018 |
| Single Family Homes: | 36,684 |
| Apartments: | 67,334 |
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
| Compare To Other Towns |
Jersey City Market Indicators
PRICE INDEX
| Average Price* (12mo): | $738,325 |
| Homes Sold* (12mo): | 220 |
SINGLE FAMILY HOME SALES
Jersey City, NJ
PRICE INDEX
| Average Price* (12mo): | $681,468 |
| Apatments Sold* (12mo): | 1,096 |
APARTMENT SALES
Jersey City, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.246% |
| Effective Tax Rate (2023): | 1.944% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $379,999 - 2,895,000 | 52 |
| Condos : | $175,000 - 6,499,000 | 391 |
| Co-ops : | $410,000 - 410,000 | 1 |
| Twnhs : | $450,000 - 1,775,000 | 6 |
| 2-4 Fam : | $530,000 - 2,395,000 | 115 |
| 5+ Fam : | $1,400,000 - 1,650,000 | 3 |
| Land : | $499,000 - 4,500,000 | 15 |
| Rentals : | $1,790 - 7,500 | 32 |
| Mixd Use : | $1,400,000 - 1,899,000 | 5 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $18,500 - 900,000 | 11 |
