Century 21 Preferred Realty Acquires Special Purpose Property In Bridgewater Township For $380K

Located at 141 Old York Rd in Bridgewater Township, this special purpose property was recently sold for $380,000. The property has a total square footage of 72,310, resulting in a price per square foot of $5.26. The asset consists of a 1.66-acre lot with a commercial building that has been used as a restaurant and banquet hall for the past 40 years. The building has a total area of approximately 6,000 square feet excluding the basement kitchen. With a seating capacity of 150 and parking space for 100 cars, the property offers ample space for hosting events. The property is situated in a R-20 Zone and has an existing variance for its current use. Additionally, the property's location adjacent to Duke Island Park provides a beautiful setting for banquet events.

Summary of transaction details

• Property Type: Special Purpose
• Transaction Amount: $380,000
• Address: 141 Old York Rd, Bridgewater Township
• Market: Bridgewater Township
• Square Footage: 72,310
• Price per Square Foot: $5.26

Diane Rivera from Century 21 Preferred Realty represented the seller in this transaction. For more information or inquiries, you can reach out to Diane Rivera, the Broker Manager at C21 Preferred Realty. The contact details are as follows: 1915 Morris Ave, Union, NJ 07083, office: 908-688-3311, mobile: 973-809-7045.