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Full-Service Restaurant with Basement
For Sale
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203 Main Street, New Milford, NJ 07646

Equipped restaurant with private dining, catering space, storage, and on-site parking.

Property Size4,500 SF
Days on Market145

Property Features for 203 Main Street

General Information

Standard status Active
Size 4,500 SF
Total Parking Spaces 25
Property subtype Retail

Financials

Asking Price $825,000
Business Included Yes

Restaurant

Seating Capacity 200
Equipment Included Yes

Additional Details

Furnished Yes
Road Access Yes
Listing Agency: NAI James E. Hanson - Teterboro
Listed By: Thomas Vetter · License #NJ 9909553
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 9:59PM

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 NAI James E. Hanson - Teterboro

Investment Insights

Based on property information with market context.

This 4,500 SF full-service restaurant is configured for an established food-service operation, with seating for 200 and a full basement. The sale includes the kitchen, walk-in freezer, refrigerator, fixtures, tables, and chairs. A private dining, catering, and party room adds flexibility, while ample storage supports daily operations.

The property is positioned along a busy county corridor at a traffic light in New Milford, New Jersey. On-site parking accommodates 25 cars, and the property is identified as being within a flexible commercial zone. The existing restaurant layout and included equipment provide a complete operating framework for continued food-service use.

Key Highlights

  • 4,500 SF restaurant building with a full basement
  • Existing full‑service restaurant with seating for 200
  • Kitchen, walk‑in freezer, refrigerator, fixtures, tables, and chairs included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Parts Store Carpet & Flooring Store Daycare Center Home Appliance Store Storage Facility Grocery & Convenience Store

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

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby
80k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 82% Shops & Services 18%
ShopRite Groceries
65,735 visits/mo 0.2 miles
7-Eleven Shops & Services
8,621 visits/mo 0.1 miles
Wells Fargo Shops & Services
5,841 visits/mo 0.2 miles

Demographics for 07646, NJ

16,923
Population
6,428
Households
2.6
Avg Household Size
42
Median Age
48%
College-Educated
95%
High-School Grad
2.3 sq mi
ZIP Area
7,358
Density / Sq Mi
$113,513
Median Household Income
$62,266
Median Earnings
$1,722
Median Rent
$554,800
Median Home Value

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Equipped restaurant with private dining, catering space, storage, and on-site parking.
Where is this conventional restaurant located?
The property is located at 203 Main Street New Milford, NJ.
What are key features of this property?
This property features: 4,500 SF restaurant building with a full basement; Existing full‑service restaurant with seating for 200; Kitchen, walk‑in freezer, refrigerator, fixtures, tables, and chairs included
More about this property
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