Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    514 Hwy 33, Unit 2 Millstone, NJ 08510

    For Sale
    $175,000

    COMMERCIAL - Millstone, NJ

    Property size:
    1,750 SF
    Days on Market:
    20
    Last Refresh:
    Dec 14 at 7:06 pm

    Property Features for 514 Hwy 33

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Window features
    Insulated Windows, Low-e Window Coating
    Rooms
    Basement
    APN
    33-1486059
    Parking features
    Off Street, Open, Parking Lot
    Interior features
    Handicapped, Internal Loading, Refrigeration
    Exterior features
    Display Window, Lighting
    Fireplace
    1
    Basement
    Full
    Accessibility
    Accessible Approach with Ramp
    Size
    1,750 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2002
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Block, Concrete
    Roof type
    Flat, Shingle

    Neuhaus Realty, Inc. (732) 946-2911

    Listing agent Lisa Massetti

    Listing date Nov 25, 2025

    Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant Opportunity in Millstone

    This 1750-square-foot restaurant, located in Millstone, NJ, presents a culinary opportunity. The property features a fully equipped kitchen, including a 12 ft. hood, 12 ft. behind, a 12x12 walk-in box and freezer, and a walk-in cooler. The restaurant has a seating capacity of 55. A 5-year lease is currently in place, with three 5-year options to renew. The monthly rent is $3500, which includes taxes. CAM fees are $500 monthly and cover water, sewer, landscaping, snow removal, and maintenance. The property also includes a full basement. This family-owned eatery has been in operation for over 40 years.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Map

    City
    Millstone
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.416013
    Latitude
    40.18003

    Nearby Similar for Sale

    • $3,900,000
      14,376 SF

      Hillsborough Office Building For Sale

      14,376 sq ft office building in prime location.
      349 Us Hwy, Hillsborough, NJ 08844
      View Details
    • Contact for pricing
      2,200 SF

      Hillsborough Commercial Space Available

      2200 sq ft commercial space with multiple rooms for sale.
      856 Us Hwy 206 Hwy, Hillsborough, NJ 08844
      View Details
    • Contact for pricing
      2,200 SF

      Hillsborough Twp. Office Space

      2200 sqft office space with 10 rooms, available 2025.
      856 Us Hwy, Hillsborough, NJ 08844
      View Details
    • New
      $325,000
      2,560 SF

      Medical Condo Suite in Hillsborough

      Turnkey medical condo suite featuring exam rooms and doctor's offices.
      712 Courtyard Dr, Hillsborough, NJ 08844
      View Details
    • Contact for pricing

      Medical Condo Suite For Sale

      Turnkey medical condo suite featuring exam rooms with plumbing.
      712 Courtyard Dr, Hillsborough, NJ 08844
      View Details
    • Contact for pricing
      2,350 SF

      Hillsborough Twp. Industrial Condo

      2,350 SF industrial condo with office space for sale.
      14 Ilene Ct, Hillsborough, NJ 08844
      View Details

    FAQs

    What type of property is this?
    Restaurant - Fully equipped restaurant with seating, lease in place, great location.
    Where is this restaurant located?
    The property is located at 514 Hwy 33, Unit 2 Millstone, NJ.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Fully equipped commercial kitchen featuring a 12 ft. hood, walk-in box and freezer, and walk-in cooler.; - Established business with 40+ years of operation.; - Favorable lease terms: 5-year lease with three 5-year renewal options; $3500 monthly rent (taxes included); $500 CAM (includes water, sewer, landscaping, snow removal, & maintenance).
    (732) 946-2911
    Request Owner's contact information
    514 Hwy 33, Unit 2 Millstone, NJ 08510
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    514 Hwy 33, Unit 2
    Millstone, NJ 08510
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    514 Hwy 33, Unit 2 Millstone, NJ 08510
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.