Date
Details
Price
Change
Source
12/06/2025
Listed
$2,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,700,000
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Property Description
Seize this exceptional, once-in-a-lifetime opportunity to own a piece of New Jersey history and a thriving income-producing asset. The Lower Bank Tavern, a beloved landmark, is now available, encompassing the iconic bar/restaurant and expansive grounds perfect for growth. A well-established bar and restaurant, a gathering spot cherished by the local community and visitors alike. This is a turnkey business opportunity with a proven track record. Enjoy a generous 1-acre parcel of land, providing ample space for parking, outdoor dining , and potential for more. A substantial pole barn provides essential storage for business equipment, inventory, or the potential for future expansion if local codes allow. This property benefits from both local patronage and traffic passing through to the beautiful Pinelands region and Mullica River. Don't miss your chance to be the next proud owner of this New Jersey treasure!
Full Property Details
Full Property Details for 1509 Route 542
General
- Price: $2,700,000
- Taxes: $6,414 (2025)
- Status: Active
- Type: Business
- Source: BrightMLSPhilly
- MLS ID: NJBL2102304
- Updated: 3/6/2026
- Added to Site: 167 day(s) ago
Business
- Name: Lower Bank Tavern
- Business Type: Restaurant/Bar
Rooms
Bathrooms
- Restrooms: 2
Additional Information
- Other Features: Basement, Kitchen, Office, Oven/Range(s), Private Restrooms, Refrigerator(s), Storage
Parking
- Total Spaces: 15
- Parking Type: Parking Lot
Location
- Area: Washington Twp (20336)
- Municipality: WASHINGTON TWP
- County: BURLINGTON
- Subdivision: LOWER BANK
- Driving Directions: Route 9 to County Road 542
School Information
- School District: Washington Township
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Heating Type: Forced Air
- Heating Fuel: Oil
- Water Heater: Oil
Utilities
- Sewer: Septic Exists
- Water: Well
Structural Information
- Construction: Brick, Vinyl Siding, Wood Siding
- Basement: Yes
- Building Size: 2200
- Current Bldg. Use: Bar, Restaurant
- Year Built: 1955
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
Lot Features
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $1,227.27
- Tax w/Assessment: $305,000
- Tax Amount: $6,414
- Tax Year: 2025
Disclosures and Reports
- Ownership: Other
- Exclusions: Ask Listing Agent
Listed by Garabedian Realty Group, LLC, Beth Meghan deBruyn
We Value Your Privacy
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Listing agent
— 1509 Route 542 —
Beth Meghan deBruyn
Garabedian Realty Group, LLC
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 1509 Route 542
Tax History
Tax History for 1509 Route 542
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,371
26%
$305,000
—
2023
$5,069
30%
$305,000
—
2022
$3,901
-1%
$305,000
—
2021
$3,953
2%
$305,000
—
2020
$3,880
-13%
$305,000
—
2018
$4,480
-13%
$305,000
—
2017
$5,121
-3%
$305,000
—
2016
$5,304
39%
$305,000
—
2019
$3,816
-24%
$305,000
—
2015
$5,026
9%
$305,000
—
2014
$4,602
13%
$305,000
-13%
2013
$4,062
—
$352,300
—
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 1509 Route 542
1509 Route 542, Egg Harbor City, NJ 08215 (MLS# NJBL2102304) is a Business property. 1509 Route 542 is currently listed for $2,700,000 and was received on December 06, 2025. Want to learn more about 1509 Route 542? Do you have questions about finding other Business real estate for sale in Egg Harbor City? You can browse all Egg Harbor City real estate or contact a Coldwell Banker agent to request more information.