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$3,940,000 Just Listed
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Property Description
Historic Upscale 175 Year Old Remodeled Restaurant/Bar. A Olcott Square Landmark With Off Street Parking Lot. Million Dollar Remodeling 2016 & 2021. A Turnkey Operation With Valuable Liquor Licen. 10,000 Sq Ft Bldg - 3 Stories Awaiting New Ownership.
Full Property Details
Full Property Details for 1 Mill St
General
- Price: $3,940,000
- Taxes: $38,339 (2025)
- Status: Active
- Type: Business
- Source: Garden_State
- MLS ID: 4018243
- Updated: 4/2/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Concrete, Stone, Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Restrooms: 2
Additional Information
- Equipment: Exhaust System, Fire Alarm, Fixtures, Furniture, Kitchen Area, Refrigeration Unit, Sprinkler System
Parking
- Garage Spaces: 100
- Parking: Blacktop, Hard Surface, Off-Street Parking, Parking Lot-Exclusive
Location
- County: Somerset
- Driving Directions: ROUTE 202 TO ANDERSON HILL RD - ON LEFT ACROSS FROM LIBRARY.
- Location Details: Business District, Corner
Heating & Cooling
- Cooling Type: 4+ Units, Central Air Conditioning
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: Brick/Block, See Remarks, Wood
- Exterior Const.: Brick/Block, See Remarks, Wood
- Roof: Asphalt Shingles
- Stories in Building: 3
- Square Feet: 10,000
- Aprox. Leasable: 10,000 Sq. Ft.
- Year Built: 1849
Lot Features
- Lot Size (Acres): 0.4
- Lot Size: .40AC
- Zoning: D30
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $394
- Assessment Amount: $2,200,000
- Land Assmt: $675,000
- Tax Amount: $38,339
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Leases
- APN: 2703-00069-0000-00038-0000-
- Block: 69
- Lot Number: 38
Listed by Haven Real Estate Collective
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Schools
Schools serving 1 Mill St
School District:Somerset Hills Regional School District
| Name | Grades | Distance |
|---|---|---|
Bedwell Elementary School 141 Seney Drive, Bernardsville, NJ 07924 | PK-4 | 0.9 mi |
Bernardsville Middle School 141 Seney Drive, Bernardsville, NJ 07924 | 5-8 | 0.9 mi |
Bernards High School 25 Olcott Avenue, Bernardsville, NJ 07924 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 Mill St
Date
Details
Price
Change
Source
4/02/2026
Listed
$3,940,000
155.02%
MLS
2/22/2016
Sold
$1,545,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1 Mill St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$34,701
7%
$2,020,000
14%
2023
$32,445
3%
$1,775,000
10%
2022
$31,498
—
$1,615,000
5%
2022
$31,498
4%
$1,532,000
6%
2021
$30,209
—
$1,440,000
-10%
2021
$30,209
-4%
$1,600,000
1%
2018
$31,458
-2%
$1,580,000
—
2019
$32,200
7%
$1,580,000
1%
2017
$30,061
3%
$1,560,000
—
2016
$29,266
3%
$1,560,000
1%
2015
$28,382
5%
$1,545,000
2%
2013
$27,050
—
$1,522,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1 Mill St
1 Mill St, Bernardsville, NJ 07924 (MLS# 4018243) is a Business property. 1 Mill St is currently listed for $3,940,000 and was received on April 02, 2026. Want to learn more about 1 Mill St? Do you have questions about finding other Business real estate for sale in Bernardsville? You can browse all Bernardsville real estate or contact a Coldwell Banker agent to request more information.

