Closed$949,000
TLC ≈ $7,454/mo
0 4 2,284 sqft
29 S 2nd Avenue S, Highland Park, NJ 08904
302 George Street, New Brunswick, NJ 08901
$2,500,000
0 beds 0 baths 3,800 sqft Built 20070 days on marketActive
About this home
This ground floor mixed use asset offers prime visibility along George Street, benefiting from strong daily traffic and consistent exposure. The property is currently occupied by a fully operational pub and liquor store under a secure lease running through 2029. Sale is for the leasehold interest only, not fee simple. The site is subject to a long term 99 year ground lease, currently in Year 23, set to expire on December 3, 2102, with an additional 99 year renewal option available. This structure provides exceptional long term stability for the next owner. Buyer will assume all lease obligations, including taxes, insurance, and maintenance as outlined in the lease. Transfer may require landowner review and approval. Financing options may be limited; buyers are encouraged to confirm lender requirements. Full lease document and terms available upon request.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
Your estimated payment
$14,212/mo
- Real estate (PITI + HOA + PMI)
- $14,662
- Utilities
- $575
- Transportation
- $129
- Other (entertainment)
- $143
Principal + interest$11,339
Property tax + insurance$2,385
PMI / 2nd mortgage$938
Heating + cooling$158
Internet + TV + phone$143
Water + sewer + garbage$58
Car insurance + maintenance$129
Budget$14,712/mo
Remaining after TLC$500/mo
Purchase price
$2,500,000
Down payment
$125,000 (5%)
Loan amount
$2,375,000
APR
4%
Quick facts
Type
Commercial
Style
—
Year built
2007
Lot size
—
Stories
1
Heating
Forced Air
Cooling
Central Air
Water
Public
HOA
—
Annual tax
$1
MLS #
2617313R
County
Middlesex
At a glance
Air conditioning
Home features
Appliances
Exhaust System
Community
Extra Storage
Parking
On Street
Flooring
See Remarks
Roof
See Remarks
Sewer
Public Sewer
Lot features
Near Shopping, Near Train, Business District
Neighborhood — 08901
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 49,834 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 19.00% | 14.00% | 20.00% |
| Population Density | 7,934 | 1,137 | — |
| Male | 24,953 | 4,307,827 | 147,432,321 |
| Female | 24,881 | 4,525,010 | 151,655,844 |
| Never Married | 22,971 | 1,965,811 | 63,775,926 |
| Married | 8,731 | 3,647,435 | 123,120,365 |
| Separated | 5,376 | 391,239 | 12,639,686 |
| Widowed | 1,261 | 515,172 | 15,467,586 |
| Divorced | 2,527 | 529,393 | 23,075,029 |
| Number Of House Hold | 13,519 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 3.21 | 2.73 | 2.60 |
| Medial Age | 24.61 | 37.15 | 35.46 |
| Median House Hold Income | $41,853 | $63,392 | $48,276 |
| Average House Hold Income | $58,306 | $83,312 | $63,629 |
| P C I | $19,187 | $30,662 | $24,529 |
| M D I | $36,349 | $52,505 | $41,133 |
| A T H E | $48,230 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 83.09% | 81.02% | 77.74% |
(Zip) Code
8901
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 6/15/2026. Provided courtesy of WEICHERT CO REALTORS via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.