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$2,200,000 -$200,000 (-8.33%) Price Reduced
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Property Description
Excellent opportunity to own building, liquor license, and equipment in prime upscale community with established tenant location has been a restaurant for 30 plus years!
Full Property Details
Full Property Details for 344 French Hill Rd
General
- Price: $2,200,000
- Taxes: $35,451 (2023)
- Status: Active
- Type: Business
- Source: Garden_State
- MLS ID: 3914565
- Updated: 3/25/2025
- Added to Site: 258 day(s) ago
Business
- Includes: Building & Land, Equipment, Lease Only, Operating Licenses, See Remarks
Rental Information
- Lease/Rent Term: Net
- Lease Includes: Building Insurance, Building Maintenance, Common Area Maint, Cooling, Electric, Gas, Heat, Janitor Services, Sewer, Taxes, Trash Removal, Water
- Lease Terms: 5 Or More Years
Rooms
Bathrooms
- Total Bathrooms: 4
- Restrooms: 4
Additional Information
- Equipment: Sign - Building, Sign - Roof
Parking
- Parking: Blacktop
Location
- County: Passaic
- Driving Directions: Google Maps
- Location Details: Business District, Freestanding, Residential Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block, Composition Siding
- Basement: Yes
- Basement Desc.: Storage, Unfinished
- Roof: Asphalt Shingles
- Ceiling Height: 9
- Door Dimensions: 8
- Stories in Building: 3
- Square Feet: 6,000
- Year Built: 1968
Lot Features
- Lot Size (Acres): 0.94
- Lot Size: .940 AC
Financial Considerations
- Price Per Sq. Ft.: $375
- Assessment Amount: $620,000
- Land Assmt: $329,000
- Tax Amount: $35,451
- Tax Year: 2023
- Tenant Pays: Electric, Gas, Heat, Hot Water, Maintenance-Common Area, Repairs, Sewer, Trash Removal
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses, Leases
- APN: 2514-01010-0000-00013-0000-
- Block: 1010
- Lot Number: 13
Listed by Highmark Real Estate
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Schools
Schools serving 344 French Hill Rd
School District:Wayne Township Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
531 Alps Rd, Wayne, NJ 07470 | K-5 | 0.1 mi | |
68 Lenox Rd, Wayne, NJ 07470 | 6-8 | 1.5 mi | |
551 Valley Rd, Wayne, NJ 07470 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 344 French Hill Rd
Date
Details
Price
Change
Source
3/25/2025
Price Reduced
$2,200,000
-8.33%
MLS
12/03/2024
Price Increased
$2,400,000
6.67%
MLS
7/15/2024
Listed
$2,250,000
164.71%
MLS
12/05/2005
Sold
$850,000
—
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 344 French Hill Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$35,452
1%
$620,000
—
2022
$35,055
—
$620,000
—
2021
$35,018
34%
$620,000
—
2021
$26,224
-23%
$620,000
—
2019
$34,187
1%
$620,000
—
2018
$33,883
1%
$620,000
—
2017
$33,573
1%
$620,000
—
2016
$33,102
1%
$620,000
—
2015
$32,705
6%
$620,000
—
2013
$30,715
—
$620,000
—
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 344 French Hill Rd
344 French Hill Rd, Wayne, NJ 07470 (MLS# 3914565) is a Business property. 344 French Hill Rd is currently listed for $2,200,000 and was received on July 15, 2024. Want to learn more about 344 French Hill Rd? Do you have questions about finding other Business real estate for sale in Wayne? You can browse all Wayne real estate or contact a Coldwell Banker agent to request more information.