Matawan Restaurant Property For
759 State Route 34 Matawan, NJ 07747
759 State Route 34, Matawan, NJ, 07747
$230,000
For Sale
$230,000
COMMERCIAL - Matawan, NJ
Property Size783 SF
Price / SF$293.74
Days on Market257
Property Features for 759 State Route 34
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 20
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 31-00112-0000-00003-07
- Size
- 783 SF
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Tile
Listing Agency
RE/MAX Central
(732) 972-1000
520 HWY 9 N, Manalapan, NJ
Listed by
Yelena Shpringer
(732) 972-1000
Added: Nov 6, 2025 Updated: Apr 14 at 5:07 pm Checked: Jul 21 at 12:06 am
MLS# 22533709
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property in Matawan, New Jersey, is suitable for a baking, cafe, or restaurant-related business. The 783 square feet property features a spacious front main room, a kitchen, and a full bathroom. It includes an outdoor sitting area with benches and 20 parking spots. The property is equipped with newer appliances and has curb appeal.
Key Highlights
- Equipped with all newer appliances
- Spacious front main room
- Enjoy the outdoor sitting area with benches
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.9k | $21.60 |
| − Vacancy | −$947 | −$1.21 |
| EGI | $16.0k | $20.39 |
| − OpEx | −$4.0k | −$5.10 |
| NOI | $12.0k | $15.29 |
783 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$171.1K
$149.7K – $199.6K
NOI $11,974 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$204.5K
$178.9K – $238.5K
NOI $14,312 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Restaurant - Equipped restaurant property with parking and outdoor seating available for sale.
Where is this restaurant located?
The property is located at 759 State Route 34 Matawan, NJ.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Equipped with all newer appliances; Spacious front main room; Enjoy the outdoor sitting area with benches
