The 482z, once and if it can be completely restored, should walk all over the Denon in recording FOR THE TAPES IT IS CALIBRATED FOR, and have typical excellent Nakamichi playback. IF perfectly restored, it is worth more than the Denon, as well.
HOWEVER, if it hadn’t been stored well or used in a very long time, that series of Nakamichi play heads has a fair probability of a problem with the right channel being dead or have depressed highs. It is a complete crap shoot. If the head looks brand new when cleaned, then chances are better. If you see green corrosion or black mottled spots at the play gap, then chances are worse. I have seen perfectly good looking heads with dead right channel, in which case the deck is good for parts only.
So between that, finding good belts for low W&F, and the limited range of versatility in recording, (if recording is important, as the Denon at least has Bias Tune, the 48x series has fixed calibrations that can only be adjusted internally. However, the internal adjustments for each tape type are far superior to the Denons. IF recording on different brand & model tapes is important) the choice is up in the air as to which one to keep, depending on the use.