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    489 Us Rte Liberty, NJ 07863

    For Sale
    $389,900

    Turnkey Bar & Restaurant, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a thriving bar and restaurant located at 489 US Route 46 in Liberty, New Jersey, within Warren County (zip code 07863). Priced at $389,900, this owner-user property offers a fully operational business with significant upside potential. The establishment boasts ample seating for 70 guests in the main dining area, complemented by an additional 8 seats at the bar. Convenience is key with 19 dedicated parking spaces readily available for patrons. The well-equipped kitchen is a chef's dream, ready to continue producing high-quality food. A valuable liquor license is included in the sale, streamlining the transition for the new owner. Adding to the appeal, a charming second-floor apartment provides extra flexibility, potentially generating additional rental income. This prime location on the bustling Highway 46 ensures high visibility and consistent foot traffic, making it an ideal destination for diners. This turnkey operation is ready for immediate occupancy and offers a rare chance to acquire a successful, established business in a high-demand area. The property's features, combined with its strategic location, make this a truly compelling investment opportunity.

    Property Features for 489 Us Rte

    General Information

    Property type
    Restaurants
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Liberty
    County
    Warren
    State
    New Jersey
    Longitude
    -74.9311755
    Latitude
    40.853553

    Nearby Comparable

    • $79,000
      2.51 Acres

      Highway Commercial Land on Route 46

      2.51 acres of commercial land with road frontage.
      502 Us Route46, Great Meadows, NJ 07838
      View Details
    • $349,000

      Turnkey Restaurant with Liquor License

      Restaurant with seating for 70, liquor license, and apartment.
      489 Rt 46, Great Meadows, NJ 07838
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey Bar & Restaurant, High Traffic Area
    Where is this restaurant located?
    The property is located at 489 Us Rte Liberty, NJ.
    What is the asking price?
    The asking price for this property is $389,900.
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    489 Us Rte Liberty, NJ 07863
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    Liberty, NJ 07863
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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
    489 Us Rte Liberty, NJ 07863
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