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Restaurant with Second-Floor Apartment
For Sale
$424,900

489 Us Route46, Great Meadows, NJ 07838

Established restaurant layout includes bar seating, a liquor license, and an upstairs apartment for additional income.

Property SizeContact for details
Days on Market197

Property Features for 489 Us Route46

General Information

Standard status Active
Property subtype Commercial

Additional Details

Highway Access Yes
Liquor License Yes
Listing Agency: FIEDLER REAL ESTATE
Listed By: JEFFERY FIEDLER 908-852-2200 · License #0570699
Source: Thepaulaclarkgroup
Added: Feb 26 Changed: Sep 11 Last Checked: Sep 11 at 11:12AM

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 FIEDLER REAL ESTATE

Investment Insights

Based on property information with market context.

This conventional restaurant property includes a fitted first-floor operation with dining space, bar seating, and capacity for approximately 70 restaurant guests. The sale includes the liquor license, supporting continued restaurant use subject to applicable requirements. A second-floor apartment adds a separate component for residential occupancy or additional income.

The property is positioned along US Route 46 in Liberty Township, New Jersey, providing highway exposure and access. The first-floor restaurant is also available for lease, offering flexibility for an owner-operator, investor, or restaurant tenant. The existing configuration allows a new operator to take advantage of the established restaurant layout without starting with an empty commercial space.

Key Highlights

  • Approximately 70 restaurant seats plus additional bar seating
  • Liquor license included in the sale
  • Second‑floor apartment provides an additional income component

Property Analytics

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Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop HVAC Service Electrical Service Computer & Electronic Repair Tech Support Center Food Market

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

Yes
Highway access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby
Well-served
Demand for This Use

Demographics for 07838, NJ

3,399
Population
1,451
Households
2.3
Avg Household Size
44
Median Age
43%
College-Educated
97%
High-School Grad
25.9 sq mi
ZIP Area
131
Density / Sq Mi
$121,563
Median Household Income
$55,952
Median Earnings
$2,054
Median Rent
$409,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant layout includes bar seating, a liquor license, and an upstairs apartment for additional income.
Where is this conventional restaurant located?
The property is located at 489 Us Route46 Great Meadows, NJ.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Approximately 70 restaurant seats plus additional bar seating; Liquor license included in the sale; Second‑floor apartment provides an additional income component
More about this property
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