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Restaurant and Bar Property
New
For Sale
$2,300,000

000 Squankum Rd, Farmingdale, NJ 07727

The offering includes a restaurant/bar business and real estate in Farmingdale.

Property Size4,525 SF
Days on Market6

Property Features for 000 Squankum Rd

General Information

Standard status Active
Size 4,525 SF
Property subtype Commercial

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $19,374

Building Details

Building Size 4,525 SF
Stories 2
Listing Agency: Better Homes and Gardens Real Estate Preferred Properties
Listed By: Marc Brennan
Source: Elliman
Added: Oct 1 Changed: Oct 5 Last Checked: Oct 5 at 5:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes and Gardens Real Estate Preferred Properties

Investment Insights

Based on property information with market context.

This offering pairs a restaurant and bar business with real estate in Farmingdale, New Jersey. The business has operated with more than 30 years of brand recognition.

The property’s BikeScore is 29, classified as somewhat bikeable, and its WalkScore is 13, classified as car-dependent.

Key Highlights

  • Restaurant/bar business offered with real estate
  • BikeScore of 29; classified as somewhat bikeable
  • WalkScore of 13; classified as car‑dependent

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$69,200
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,384,000 $1.4M
Cap Rate 7%
$988,571 $988.6K
Cap Rate 9%
$768,889 $768.9K
Market Conditions
NOI Build-Up for 4,525 SF
Gross rent
$97.7K $21.60/SF
− Vacancy
−$5.5K −$1.21/SF
EGI
$92.3K $20.39/SF
− OpEx
−$23.1K −$5.10/SF
NOI
$69.2K $15.29/SF
Area
Monmouth County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,384,000
Cap Rate 7%
$988,571
Cap Rate 9%
$768,889

Alternative Uses

Best Use
Specialty Retail
$988.6K
$865.0K – $1.15M (±1% cap)
NOI $69,200 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,710 @ 7.0% cap · market cap 3.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Storage Facility Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

70
Businesses Nearby
Well-served
Demand for This Use

Demographics for 07727, NJ

7,707
Population
2,951
Households
2.6
Avg Household Size
45
Median Age
49%
College-Educated
97%
High-School Grad
25.5 sq mi
ZIP Area
302
Density / Sq Mi
$131,125
Median Household Income
$52,551
Median Earnings
$1,794
Median Rent
$585,900
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The offering includes a restaurant/bar business and real estate in Farmingdale.
Where is this conventional restaurant located?
The property is located at 000 Squankum Rd Farmingdale, NJ.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Restaurant/bar business offered with real estate; BikeScore of 29; classified as somewhat bikeable; WalkScore of 13; classified as car‑dependent
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