Bielat Santore & Company Releases Podcast on New Jersey Liquor License Regulations
Bielat Santore & Company has released Episode 6 of its Owner's Edge Podcast Series, focusing on the regulatory structure and market value of liquor licenses in New Jersey. The episode provides an educational overview for hospitality professionals navigating state ABC regulations, including municipal population caps, Class C license privileges, and asset valuation methods. The podcast explains how New Jersey’s statutory framework ties retail licenses to local population limits under Title 33 law. It also outlines different types of retail licenses such as Type 33 (standard bar/restaurant service), Type 32 (no longer newly issued), and Type 44 (package stores). The episode clarifies the distinction between purchasing a business asset versus transferring a license, while presenting a six-step valuation methodology due to the lack of standardized pricing data. The firm also announced that Part II will cover recent changes in New Jersey liquor license law. Bielat Santore & Company is a commercial real estate brokerage with over 45 years of experience specializing in hospitality assets and liquor licenses.
Topics: liquor licenses New Jersey ABC regulations podcast release real estate valuation