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    344 French Hl Rd Wayne, NJ 07470-3936

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    344 French Hl Rd Wayne, NJ 07470-3936


    • Turn key restaurants
    • 9,748 SF
    • 0.94 lot acres
    Off-Market
    Property ID
    US59-3194292
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $595,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Taphouse - Wayne / Bar & Pub / Restaurant

    Property Details for 344 French Hl Rd

    Lot size
    0.94 lot acres
    Property size
    9,748 SF
    Property type
    Turn key restaurants
    APN
    14 01010-0000-00013
    APU
    1401010000000013

    Description

    This exceptional opportunity presents the chance to acquire a thriving restaurant business in Wayne, NJ. Located at 344 FRENCH HILL RD Unit 0, this property boasts a substantial 6,000 square feet of space situated on a 0.94-acre lot. The building itself is offered for sale along with a valuable liquor license, ensuring a seamless transition for the new owner. The current tenant has operated a successful restaurant at this location for over three decades, establishing a strong reputation and loyal customer base within the upscale Wayne community. This long-standing history speaks volumes about the property's potential for continued success. The sale includes not only the building and liquor license but also the existing restaurant equipment, providing a turnkey operation ready for immediate use. The substantial size of the property, combined with its prime location and established business history, makes this a rare and highly desirable investment opportunity. The asking price is $2,250,000. This is an exceptional chance to own a well-established business in a thriving community. Serious inquiries only.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $545,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $642,000
      Market price range: $616k - $1.64M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.2455
    Latitude
    40.926
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $35,055
    $329,000
    $291,000
    $620,000
    -
    $329,000
    $291,000
    $620,000
    More about this property
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