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    Bernardsville, NJ
    Conventional Restaurant

    Bernardsville, NJ Conventional Restaurants for Sale

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    Basking Ridge, NJ Mendham, NJ Far Hills, NJ Liberty Corner, NJ Gladstone, NJ Bedminster, NJ Warren, NJ Morristown, NJ
    Three-Story Remodeled Restaurant
    Updated: Jul 21
    Three-Story Remodeled Restaurant

    1 Mill St, Bernardsville, NJ 07924

    $3,940,000
    10,000 sqft
    10,000‑square‑foot restaurant building
    Three‑story configuration
    Built in 1849
    Remodeled in 2016 and 2021
    Existing liquor license
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    This listing looks promising.

    Here's a quick look at some key insights for

    1 Mill St, Bernardsville Boro, NJ 07924

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    • Est. Cap Rate

      3.9%
      NOI ÷ price

    • Est. NOI

      $153K
      Annual

    • Price @ 7% Cap

      $2.18M
      Suggested

    • Last Sold

      Mar 2016
      $1.55M
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Bernardsville, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Big Chicken Restaurant with Expansion Rights
    Big Chicken Restaurant with Expansion Rights

    640 Commons Way #4240, Bridgewater, NJ 08807

    $499,999
    2,364 sqft

    Restaurant includes approved licensing rights for five additional locations.

    View details
    Big Chicken Restaurant Space
    Big Chicken Restaurant Space

    640 Commons Way, Bridgewater, NJ 08807

    $499,999
    2,364 sqft

    Approved licensing rights extend to five additional locations beyond the existing restaurant operation.

    View details
    Conventional Restaurant with Full Kitchen
    Conventional Restaurant with Full Kitchen

    476 Somerset St, North, Plainfield, NJ 07060

    $1,200,000
    0.14 AC lot

    Established restaurant layout with dining, office, basement, building-wide air conditioning, and separate utilities.

    View details
    Mixed-Use Retail Building
    Mixed-Use Retail Building

    401-03 Park Avenue, Plainfield, NJ 07060

    Contact for pricing

    Fully leased mixed-use building featuring retail with a restaurant and two apartments.

    View details

    Bernardsville, NJ Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Bernardsville, NJ on our real estate platform. These investment opportunities span a total of 10,000 square feet of properties for sale, with an estimated market value of $3,940,000.

    Sale prices for conventional restaurants in Bernardsville, NJ average $3,940,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 7,756
    Population Growth (5Y) +2.2%
    Median Household Income $230,752
    College Educated 97.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.97%
    Property Tax per SF $9.88 per SF
    Tax Rate vs County Average 0.09 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Somerset County

    New Delisted

    Total CRE Inventory on Market (SF)

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