2 U.S. 46

2 U.S. 46, Hackettstown, NJ 07840

Property Information

  • For Sale Inquire for Pricing
  • Property Type Retail - Restaurant
  • Property Size 2,422 SF
  • Lot Size 2.45 Acre
  • Date Updated Mar 24, 2026

Description

Located along the highly traveled Route 46 corridor at the border of Hackettstown and Mount Olive, this property benefits from exceptional visibility and accessibility. The site is just minutes from major highways including I-80, US-206, and NJ-10, providing convenient regional connectivity. Mount Olive is a growing Morris County community with a strong retail presence, established neighborhoods, and consistent consumer traffic. Surrounded by national and local retailers, restaurants, and service businesses, this location is well-positioned to capture both daily commuter and local customer demand.Churrascaria Paladar is an established and highly successful Brazilian Rodizio Steakhouse offering a turnkey opportunity with liquor license included - a rare opportunity for new ownership. The restaurant sits on a 2.45-acre riverfront parcel along busy Route 46 in Mount Olive (Hackettstown), Morris County, NJ. Known for its authentic flavors, table-side service, and inviting riverfront setting, the restaurant has built a loyal customer base and strong reputation in the community. This turnkey operation includes a fully equipped kitchen, two outdoor patios plus the Rio Room, and a beautifully designed dining area overlooking the river. With its unique grandfathered riverfront layout and thriving brand recognition, this is an exceptional chance to acquire a proven, destination-style restaurant.

Highlights

  • Excellent frontage, visibility, and signage opportunities along Route 46 with 23,192 vehicles per day along U.S. Hwy 46 and East Ave as well as 12.544 vehicles per day at Mill St. and Cross St.
  • Highly successful with a loyal customer base with strong and consistent weekend demand
  • Minutes from major highways including I-80, US-206, and NJ-10
  • Onsite surface parking with abundant capacity for both daily dining and special events. Plenty of convenient parking ensures smooth guest flow and supports large parties, catering, and event business
  • Prime highway frontage and riverfront setting support expansion into regional destination dining
  • Prime Riverfront location: ±2.45 acres of flat, improved land. The Rio Room offers panoramic river views. The main dining area seats up to 90 guests and the two outdoor patios create a standout dining atmosphere with seating for up to 22 guests.
  • Significant upside potential through expanded hours, catering, and delivery services
  • Untapped growth opportunities in event hosting and patio utilization possible
  • Valuable liquor license: a rare asset in New Jersey - provides immediate ability to serve wine, beer, and cocktails creating a turnkey transition without lengthy approval delays. Full bar adds high-margin potential and enhances the dining experience.
  • Well established family-owned business with turnkey operation - equipment/fixtures included
  • Zoned R-2 with grandfathered nonconforming coverage allows for patio/outdoor seating

Contacts

Sig Schorr

NAI James E. Hanson

Location

Located at 2 U.S. 46, Hackettstown, NJ 07840, this property is part of the Budd Lake neighborhood and New Jersey market.

Contact Listing Broker
Sig Schorr

NAI James E. Hanson

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