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    71 E Mill Rd Long Valley, NJ 07853

    For Sale
    $215,000

    Turnkey pizzeria with liquor license potential and expansive outdoor space.

    Property size:
    1,600 SF
    Lot size:
    1.00 Acre

    Property Features for 71 E Mill Rd

    General Information

    Standard status
    Active
    Size
    1,600 SF
    Lot size
    1.00 Acre

    Source: HIGHMARK REAL ESTATE Agent PHILIP DATTOLO

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

    Overview

    Established Pizzeria with Outdoor Space

    The Corner Stone Tavern, an established pizzeria in Long Valley, NJ, is available for sale. This turnkey operation, opened in 1971, features a fully equipped kitchen and a dining room with seating for 40. A spacious outdoor patio provides opportunities for events, seasonal dining, or expansion. The interior space measures 1,600 sq ft and includes a full basement for storage. A commercial-grade generator is included. The property also boasts a 1-acre outdoor space suitable for dining, beer gardens, live music, or private events. Upgrades include a new roof and repaved parking lot planned for 2025. The business benefits from excellent visibility, strong traffic, and ample parking. A full retail consumption liquor license is available separately for an additional cost, offering potential for expanded bar service and increased revenue. The monthly rent is $4,000.
    Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Long Valley
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.79
    Latitude
    40.7842

    Nearby Similar for Sale

    • $685,000
      5,000 SF

      Landmark Building with Retail Space

      20,000 SF landmark building with ground-floor retail for sale.
      59 E Ml Rd, Long Valley, NJ
      View Details

    FAQs

    What type of property is this?
    Turn key restaurant - Turnkey pizzeria with liquor license potential and expansive outdoor space.
    Where is this turn key restaurant located?
    The property is located at 71 E Mill Rd Long Valley, NJ.
    What is the asking price?
    The asking price for this property is $215,000.
    What are key features of this property?
    This property features: - Established pizzeria since 1971 with a strong local reputation and turnkey operation.; - Expansive 1-acre outdoor space suitable for various uses.; - Includes a fully equipped kitchen and dining room (seating for 40).
    (973) 625-8175
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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
    71 E Mill Rd Long Valley, NJ 07853
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