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. This property benefits from both local patronage and traffic passing through.
Full Property Details
Full Property Details for 1509 Route 542 #A
General
- Price: $2,700,000
- Taxes: $6,414 (2025)
- Status: Active
- Type: Business
- Source: Monmouth
- MLS ID: 22536226
- Updated: 12/6/2025
- Added to Site: 117 day(s) ago
Business
- Name: Lower Bank Tavern
- Business Type: Bar/Tavern/Lounge
Parking
- Parking Features: On-Site Parking, Parking Lot
Location
- Area: Washington Twp (WAH)
- Municipality: Washington Twp (WAH)
- County: Burlington
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Gas: No Gas
- Dist. to Gas: No Gas
- Sewer: Septic Tank
- Water: Well
- Well: Yes
Structural Information
- Current Bldg. Use: Bar/Tavern/Lounge
Lot Features
- Lot Size (Acres): 0.92
- Lot Size (Sq. Ft.): 40,075.2
- Lot Dimensions: 200 x 200
Financial Considerations
- Assessment Amount: $305,000
- Tax Amount: $6,414
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Aerial Photo
- Exclusions: Ask Listing Agent
- Inclusions: Inventory, Equipment/Furniture, Business Name
- Property ID: 36-00049-01-00009
- Section: Lower Bank
Listed by Garabedian Realty Group, LLC, Beth M DeBruyn and Garabedian Realty Group, LLC, Jonathan deBruyn
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Listing agents
— 1509 Route 542 #A —
Beth M DeBruyn
Garabedian Realty Group, LLC
Jonathan deBruyn
Garabedian Realty Group, LLC
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 1509 Route 542 #A
Tax History
Tax History for 1509 Route 542 #A
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 #A
1509 Route 542 #A, Washington, NJ 08215 (MLS# 22536226) is a Business property. 1509 Route 542 #A is currently listed for $2,700,000 and was received on December 06, 2025. Want to learn more about 1509 Route 542 #A? Do you have questions about finding other Business real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.