1509 Route 542 A, Washington, NJ 08215
Burlington County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Stories
1
Lot Size
0.92 acres
Lot Dimensions
200 x 200
Ownership
Individual(s)
Days on Market
181
MLS® Listing#
22536226
Property Features
Appliances
Heating
Basement
Parking
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$6,414
Tax year 2025
Assessed Value
$305,000
Parcel Number
36-00049-01-00009
Directions
Route 9 to County Road 542
Affordability Calculator
$500,000
Estimated monthly payment
$13,306/mo
Principal $2,000,000 · Est. interest $2,790,178 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Washington, NJ
- $625,000
- Median Listing Price
- 36
- Median Days on Market
- 2,025
- Median Sq Ft
- $255
- Median Price / Sq Ft
- 64
- Active Listings
- This home’s price is 300% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Washington, NJ.
Location
Points of Interest in Washington, NJ
Showing the Washington area map.
Nearby Schools
Bass River Twp Elementary School
Elementary · 4.9 mi away
The Acbt Performing Arts Academy
School · 6.3 mi away
Cedar Creek High School
Secondary · 6.5 mi away
Pilgrim Academy
School · 6.9 mi away
Port Republic School District
Elementary · 7.0 mi away
Egg Harbor City Community School
Secondary · 7.5 mi away
Charles L. Spragg School
Elementary · 7.6 mi away
Fanny D Rittenberg School
School · 7.8 mi away
Highland Academy
School · 9.2 mi away
Roland Rogers Elementary School
Elementary · 9.3 mi away
Mullica Township Schools
Elementary · 9.5 mi away
Absegami High School
Secondary · 9.5 mi away
Pinelands Regional High School
Secondary · 9.5 mi away
The Board of Education of the Pinelands Regional School District in the Cty NJ
Elementary · 9.6 mi away
Assumption Regional Catholic School
School · 10.2 mi away
Ocean County Vocational Technical School Culinary Center
School · 10.2 mi away
Atlantic Community Charter School
Elementary · 10.3 mi away
Smithville Elementary School
Elementary · 10.5 mi away
George J. Mitchell Elementary School
Elementary · 10.5 mi away
Tuckerton Elementary School
Elementary · 10.9 mi away
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EXIT Agents in Washington
Listing Courtesy: Garabedian Realty Group, LLC - 6094948400
Presented by: Beth M DeBruyn