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Providing Clarity to Restaurant Valuations

Barnacle Bill's - Restaurant and Marina

The subject of this report comprises a 2.8+ acre property, with 1.45 acres of uplands and 1.35 acres of riparian granted parcels used a marina. The property is situated along the southern shore of the Navesink River (North Shrewsbury River) and located on the northeast corner of First Street and West River Road. The site is improved with a two-story 6,213+ square foot owner-occupied restaurant and 85 slip marina. The three riparian grant lots that extend out some 400+ feet from the shore. The upland portion of the property is more particularly described as Block 5, Lot 2 and the riparian grant lots are 2.01, 2.02 & 2.03 in the Borough of Rumson, Monmouth County, New Jersey.

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