Stonewood Tavern: Landmark
239 US-206 Byram Township, NJ 07821
239 US-206, Byram Township, NJ, 07821
Contact for pricing
For Sale
Contact for pricing
Prime location with liquor license, equipment, and real estate.
Property Size4,476 SF
Price / SF$357.46
Days on Market128
Property Features for 239 US-206
General Information
- Standard status
- Active
- Size
- 4,476 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1960
Listing agency
Somerville-Tranzon LLC
Listed by
John Dobos · License #NJ 0674597
Source
Crexi
Added: Mar 17 Updated: Jul 10 at 1:09PM Checked: Jul 21 at 12:44PM
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 Somerville-Tranzon LLC
Investment Insights
Based on property information with market context.
Located at 239 Route 206 in Byram, NJ, the Stonewood Tavern presents an opportunity to acquire the real property, a 33 Plenary Retail Consumption Liquor License, and Furniture, Fixtures, and Equipment (FF&E). The property benefits from its location on one of Sussex County's busiest thoroughfares, with high visibility and a daily traffic count of 28,000 vehicles per day. The sale includes kitchen equipment, bar fixtures, and dining furniture. The building is well-maintained and includes dedicated parking. The property's frontage on Route 206 provides access to I-80 and Northern NJ. The property size is 4,476 square feet. The location is positioned for high-volume service. The property is suitable for continuing the Stonewood concept or rebranding with a new concept.
Key Highlights
- Includes a full 33 Plenary Retail Consumption Liquor License.
- Prime location on Route 206 with high visibility and 28,000 vehicles per day.
- Sale includes Real Estate, Furniture, Fixtures, and Equipment (FF&E).
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.7k | $21.60 |
| − Vacancy | −$5.4k | −$1.21 |
| EGI | $91.3k | $20.39 |
| − OpEx | −$22.8k | −$5.10 |
| NOI | $68.5k | $15.29 |
4,476 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$977.9K
$855.6K – $1.14M
NOI $68,451 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,814 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
FAQs
What type of property is this?
Bar & Pub - Prime location with liquor license, equipment, and real estate.
Where is this bar & pub located?
The property is located at 239 US-206 Byram Township, NJ.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Includes a full 33 Plenary Retail Consumption Liquor License.; Prime location on Route 206 with high visibility and 28,000 vehicles per day.; Sale includes Real Estate, Furniture, Fixtures, and Equipment (FF&E).
