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    2 West Main St, Unit Route24 Chester, NJ 07930

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    For Sale
    $3,000,000

    Land for sale with restaurant renovation opportunity in Chester.

    Lot size:
    3.00 Acres

    Property Features for 2 West Main St

    General Information

    Lot size
    3.00 Acres

    Building Details

    Year built
    1822

    Source: FIRST NEW JERSEY R.E. NETWORK Agent ROBERT D. BERLANT

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Land with Restaurant Potential

    This property, formerly the Larison Turkey Farm, is located on a well-known corner in Morris County. The purchase price is for the land only, with renovation at the purchaser's cost. Plans call for a new 6,500-square-foot building, incorporating a portion of the original structure. The design includes an 850-square-foot front porch under roof and a 2,500-square-foot outdoor patio with a fireplace. The property is intended for restaurant use. An organic farm located at the rear of the property is available for lease, potentially allowing a new restaurant to offer farm-to-table cuisine.
    Insight Report Location Intelligence

    Current Use by Public Records

    Valley Bank ATM Atm Valley Bank Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chester
    County
    Morris
    State
    New Jersey
    Longitude
    -74.697773
    Latitude
    40.7834377

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    FAQs

    What type of property is this?
    Restaurant - Land for sale with restaurant renovation opportunity in Chester.
    Where is this restaurant located?
    The property is located at 2 West Main St, Unit Route24 Chester, NJ.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Prime corner lot location in Morris County; - Includes land suitable for a 6,500 sq ft building; - Historical significance as the former Larison Turkey Farm
    (908) 756-7373
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    2 West Main St, Unit Route24 Chester, NJ 07930
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    Chester, NJ 07930
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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
    2 West Main St, Unit Route24 Chester, NJ 07930
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