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    511 Rte 173 Stewartsville, NJ 08886

    For Sale
    $1,150,000

    Established Eatery, High Revenue Potential

    Property size:
    5,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional Stewartsville, NJ property, located at 511 Route 173, presents a unique investment opportunity. Boasting a rich history dating back to 1925, this 5,500 square foot establishment has been continuously operated for nearly a century, with over 90% recurring business. The property sits on a 0.66-acre lot and includes a main dining area, a banquet room, and a unique, currently underutilized, 45-seat ratskeller in the basement. Significant renovations have been undertaken from the 1990s to the present, including a new septic system. The property is classified as Class C and holds a valuable 33 liquor license, permitting both on-premise alcohol service and package goods sales. With a capacity of approximately 200 people, this versatile space offers significant potential for growth and expansion. The long-standing history and loyal customer base provide a solid foundation for a new owner to build upon. The asking price is $1,150,000. This is a rare chance to acquire a well-established, profitable business with substantial upside potential in a desirable location.

    Property Features for 511 Rte 173

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,500 SF
    Lot Size
    28,750 SF

    Building Details

    Year Built
    1925
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Stewartsville
    County
    Warren
    State
    New Jersey
    Longitude
    -75.09563
    Latitude
    40.65657

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    FAQs

    What type of property is this?
    Commercial real estate - Established Eatery, High Revenue Potential
    Where is this commercial real estate located?
    The property is located at 511 Rte 173 Stewartsville, NJ.
    What is the asking price?
    The asking price for this property is $1,150,000.
    (908) 735-9700
    Request Owner's contact information
    511 Rte 173 Stewartsville, NJ 08886
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    Stewartsville, NJ 08886
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    511 Rte 173 Stewartsville, NJ 08886
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