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$1,000,000
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Property Description
Step into a piece of Milford's charm with this unique restaurant property, nestled in a historic setting and brimming with potential. This turnkey opportunity includes the building, lot, liquor license, and existing inventory, making it ideal for entrepreneurs or investors ready to bring their culinary vision to life.The inviting dining room features exposed stone walls and a cozy fireplace, creating a warm and memorable atmosphere for guests. Just off the bar area, a covered porch offers additional space for al fresco dining or cocktails, perfect for seasonal enjoyment.Inside, the bar continues its welcoming vibe with a pool table and dart board area, encouraging a lively and social ambiance. Whether you're envisioning a rustic tavern, upscale bistro, or casual eatery, this space is ready to adapt to your dream.Upstairs, you'll find a one-bedroom apartment ideal for an owner-operator or staff housing. Please note: the apartment may require additional notice for showings.Don't miss this incredible opportunity to own a piece of Milford's history and build the restaurant you've always dreamed of.
Full Property Details
Full Property Details for 92 Water St
General
- Price: $1,000,000
- Taxes: $15,046 (2024)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 3986402
- Updated: 9/13/2025
- Added to Site: 131 day(s) ago
Business
- Includes: Building & Land, Equipment, Inventory, See Remarks
Interior
- Flooring: Carpeting, Tile, Vinyl-Linoleum, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Restrooms: 3
Additional Information
- Equipment: Appliances, Exhaust System, Fire Alarm, Furniture, Kitchen Area, Refrigeration Unit, Smoke Detector
Parking
- Parking: 2 Car Width, Blacktop, Parking Lot-Exclusive
Location
- County: Hunterdon
- Driving Directions: Route 12 to Route 519 into Milford to 92 Water Street
- Location Details: Business District, Residential Area
Heating & Cooling
- Cooling Type: 4+ Units, Wall A/C Unit(s)
- Heating Type: 1 Unit, Electric Baseboard, Forced Hot Air
- Heating Fuel: Electric, Gas-Propane Leased, Oil Tank Above Ground - Inside
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Gas-Propane, Cable TV Available, Garbage Extra Charge
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Partial, Unfinished
- Roof: Asphalt Shingles, Rubberized
- Loading: None
- Stories in Building: 2
- Square Feet: 5,500
- Aprox. Leasable: 5,500 Sq. Ft.
- Previous Bldg. Use: Restaraunt with apt.
- Year Built: 1830
- Remodeled/Updated: 2005
Unit Information
- 1 Bedroom Units: 1
- Units w/Full Bath: 1
Lot Features
- Lot Size (Acres): 0.46
- Lot Size: .46
- Zoning: Commercial
- Lot Description: Level Lot, Waterfront
Water Features
- Water Front: Yes
Financial Considerations
- Price Per Sq. Ft.: $182
- Assessment Amount: $385,700
- Land Assmt: $78,300
- Tax Amount: $15,046
- Tax Year: 2024
- Owner Pays: No Utilities
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 1920-00005-0000-00003-0000-
- Block: 5
- Lot Number: 3
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 92 Water St
School Districts:Milford Borough School District, Delaware Valley Regional School District
| Name | Grades | Distance |
|---|---|---|
Milford Elementary School 7 Hillside Avenue, Milford, NJ 08848 | PK-8 | 0.3 mi |
Delaware Valley Reg High School 19 Senator Stout Road, Frenchtown, NJ 08825 | 9-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 92 Water St
Date
Details
Price
Change
Source
9/11/2025
Listed
$1,000,000
70.65%
MLS
8/05/2016
Sold
$586,000
—
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 92 Water St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,046
-2%
$385,700
—
2023
$15,389
9%
$385,700
—
2022
$14,136
4%
$385,700
—
2021
$13,650
—
$385,700
—
2020
$13,592
-7%
$385,700
—
2018
$14,618
7%
$385,700
—
2017
$13,654
-4%
$385,700
—
2019
$14,240
9%
$385,700
—
2016
$13,075
3%
$385,700
—
2015
$12,747
6%
$385,700
—
2013
$12,015
—
$385,700
—
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 92 Water St
92 Water St, Milford, NJ 08848 (MLS# 3986402) is a Retail property. 92 Water St is currently listed for $1,000,000 and was received on September 11, 2025. This property is listed by Nicole Yard from our Clinton Office.Want to learn more about 92 Water St? Do you have questions about finding other Retail real estate for sale in Milford? You can browse all Milford real estate or contact a Coldwell Banker agent to request more information.


