48 Main St, Ogdensburg Boro, NJ, 07439 | $875,000

Local updated and clean turn key Bar with Broad Class C Liquor license (Best liquor license you can have which allows for a liquor store ) with an income generated 1 and 3 bedroom apartment. Currently being business operated as "Stew N' Dolly's Place. Many possibilities for expansion and gross revenue. There is a large detached 2 car tandem garage on property with many possibilities. Large level property located on a busy main thoroughfare road. Full unfinished walkout basement for storage. Many updates including roof, siding, electric, HVAC and more. Second floor 3 br apt rented for $1600 lease ends 5/2025 1 br apt is rented for $1100. Excellent opportunity to own a turn key investment.

Features

  • Current Use: Mixed Use, Restaurant/Bar
  • Utilities: Gas-Natural
  • Parking: Blacktop, Parking Lot-Exclusive
  • Levels: 2
  • Heating: Electric, Gas-Natural 1 Unit, Baseboard - Electric, Forced Hot Air
  • Cooling: 1 Unit, Central Air, Window A/C(s)
  • Units: 3
  • Zoning: Commercial
  • Lot Size: .67 AC
  • Year Built: 1963
  • Approx Sq. Feet: 0
  • Acreage: 0.67
  • Est. Taxes: $11,437
  • Lot Desc: Level Lot, Open Lot
  • MLS#: 3863707
  • Days on Market: 258 days
  • Website: https://www.raveis.com
    /prop/3863707/48mainst_ogdensburgboro_nj?source=qrflyer
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Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of RE/MAX SELECT

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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

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Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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48 Main St, Ogdensburg Boro, NJ, 07439

$875,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $700,000 $700,000 $700,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.481% 6.898% 6.915%
Monthly Tax Payment $953 $953 $953
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,310 $4,599 $6,194
Total Monthly Payment $5,355 $5,644 $7,239

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.