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Mixed-Use Property with Restaurant

17 Wooley Rd, West Milford, NJ 07480

For Sale
$1,500,000

The offering combines an operating food-and-beverage business, residential apartments, storage, furnishings, equipment, and a Class 33 license.

Property SizeContact for details
Lot Size9.83 Acres
Days on Market38

Property Features for 17 Wooley Rd

General Information

Standard status Active
Lot size 9.83 Acres
Property subtype Commercial
Zoning R-4

Restaurant

Equipment Included Yes
Liquor License Yes

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Furnished Yes
Business Included Yes
Multifamily Units 3
Listing Agency: GILSENAN & CO.
Listed By: NICOLA G. ESPOSITO JR.
Source: Brentsellsnj
Added: Oct 3 Changed: Nov 8 Last Checked: Nov 8 at 6:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GILSENAN & CO.

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Investment Insights

Based on property information with market context.

Set on 9.83 acres, this mixed-use property includes an operating bar and restaurant, three residential apartments, and on-site storage. The sale encompasses the business, furniture, fixtures, equipment, and a Plenary Retail Consumption License (Class 33). The restaurant is an established preexisting nonconforming use under R-4 zoning, and the property is within the NJ Highlands Preservation Area.

The owner-operated business currently serves customers Friday through Sunday. The kitchen, bars, and license are in place, and the current operating schedule reflects the owners’ preference rather than the business’s full historical schedule. Apartment and storage tenancies are month-to-month. The owners are available to assist with the transition for 60 days following closing at no additional cost.

Key Highlights

  • 9.83‑acre mixed‑use property in West Milford Twp
  • Includes an operating bar and restaurant, business assets, and a Plenary Retail Consumption License (Class 33)
  • Three residential apartments and on‑site storage; all tenancies are month‑to‑month

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Garden Center Kitchen & Bath Showroom Electrical Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

Demographics for 07480, NJ

15,358
Population
6,239
Households
2.5
Avg Household Size
47
Median Age
40%
College-Educated
95%
High-School Grad
33.1 sq mi
ZIP Area
464
Density / Sq Mi
$114,056
Median Household Income
$59,619
Median Earnings
$1,433
Median Rent
$362,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Passaic County, NJ

$330 Jul
$261 Aug
$222 Sep
$217 Oct

Properties on Market for Mixed-use properties in Passaic County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The offering combines an operating food-and-beverage business, residential apartments, storage, furnishings, equipment, and a Class 33 license.
Where is this mixed-use property located?
The property is located at 17 Wooley Rd West Milford, NJ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 9.83‑acre mixed‑use property in West Milford Twp; Includes an operating bar and restaurant, business assets, and a Plenary Retail Consumption License (Class 33); Three residential apartments and on‑site storage; all tenancies are month‑to‑month
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