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$1,100,000 Just Listed
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Property Description
Exceptional opportunity to own a well-established, family-owned restaurant that has been successfully operating for over 30 years with the same owner. This turnkey property offers a thriving business along with two income-producing apartments above, creating multiple streams of revenue. The property has been well-maintained and features a new boiler, updated roof, and attractive exterior lighting. Ample parking is available in the rear for tenants and customers. Located in a high-visibility location with strong community presence and a loyal customer base, this is a rare chance to purchase a successful, long-standing business with added rental income potential. Perfect for an owner-operator or investor looking for a proven establishment with upside opportunity. This a packaged together with the business.
Full Property Details
Full Property Details for 181 Rt23
General
- Price: $1,100,000
- Taxes: $13,597 (2025)
- Status: Active
- Type: Business
- Source: Garden_State
- MLS ID: 4031098
- Updated: 5/31/2026
- Added to Site: 3 day(s) ago
Business
- Includes: Building & Business, Building & Land, Equipment, Inventory, Operating Licenses
Interior
- Flooring: Carpeting, Laminate, Vinyl-Linoleum
Rooms
Bathrooms
- Total Bathrooms: 4
- Restrooms: 4
Additional Information
- Equipment: Appliances, Exhaust System, Fire Alarm, Handicapped Access, Kitchen Area, Refrigeration Unit, Sign - Building, Smoke Detector
Exterior
- Color: White Viny
Parking
- Garage Spaces: 25
- Total Spaces: 25
- Parking: Additional Parking, Driveway-Exclusive, Off-Street Parking, Parking Lot-Exclusive
Location
- County: Sussex
- Driving Directions: Rt 23 North
- Location Details: Highway Location
Heating & Cooling
- Cooling Type: Ductless Split AC, Window A/C(s)
- Heating Type: 2 Units, Electric Baseboard, Radiators - Hot Water
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer, Sewer Charge Extra
- Water: Public Water, Water Charge Extra
- Utility Description: Electric, Natural Gas, Garbage Extra Charge, Prewired for Internet
Structural Information
- Construction: See Remarks
- Exterior Const.: Aluminum Siding
- Roof: Asphalt Shingles, Flat
- Stories in Building: 3
- Square Feet: 6,400
- Aprox. Leasable: 6,400 Sq. Ft.
- Previous Bldg. Use: Restaurant
- Remodeled/Updated: 2020
Unit Information
- 2 Bedroom Units: 4
- 3 Bedroom Units: 2
- Units w/Full Bath: 2
- Units w/Half Bath: 2
Lot Features
- Lot Size (Acres): 0.69
- Lot Size: 200X150
- Permitted Use: Mixed Use
- Zoning: HC
- Lot Description: Possible Subdivision
Financial Considerations
- Price Per Sq. Ft.: $172
- Expenses: Accounting/Legal, Advertising, Insurance, Maintenance - Exterior, Snow Removal, Taxes
- Operating Expenses: $50,800
- Assessment Amount: $551,300
- Land Assmt: $399,200
- Tax Amount: $13,597
- Tax Year: 2025
- Tenant Pays: Cable T.V.
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses, Survey Available
- Disclosures: Yes
- APN: 2809-00022-0000-00032-0000-
- Block: 22
- Lot Number: 32
Listed by Mountain Properties
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Price & Sales History for 181 Rt23
Date
Details
Price
Change
Source
5/31/2026
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales 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 181 Rt23
181 Rt23, Hamburg, NJ 07419 (MLS# 4031098) is a Business property. 181 Rt23 is currently listed for $1,100,000 and was received on May 31, 2026. Want to learn more about 181 Rt23? Do you have questions about finding other Business real estate for sale in Hamburg? You can browse all Hamburg real estate or contact a Coldwell Banker agent to request more information.

