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Restaurant Space with Equipment
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105 Main St, Hackettstown, NJ 07840

Existing restaurant equipment and furnishings are available through two lease arrangements.

Property Size992 SF
Price / SF$3.23
Days on Market20

Property Features for 105 Main St

General Information

Standard status Active
Size 992 SF
Total Parking Spaces 1
Property subtype Commercial

Additional Details

Utilities to Site Yes
Listing Agency: EXIT REALTY CONNECTIONS
Listed By: DEBRA SAYER 908-842-0010 · License #0784597
Source: Brentsellsnj
Added: Oct 9 Changed: Oct 26 Last Checked: Oct 28 at 8:51AM

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 EXIT REALTY CONNECTIONS

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Investment Insights

Based on property information with market context.

This approximately 992-square-foot restaurant space has existing equipment, furniture, tables, chairs, silverware, china, and other contents. Leasing is available with either a separate purchase of the contents or their use as part of the lease. A minimum three-year lease is required; HVAC and heating units are not included with the contents, and the tenant handles their maintenance and repairs under either arrangement. Equipment maintenance and repairs are also the tenant’s responsibility when using the contents under the inclusive lease option.

The space is on Main Street in downtown Hackettstown, across from Czig Meister Brewing Company. One parking space is located behind the building. The tenant pays utilities and water and sewer charges, along with 50% of trash and recycling costs, and is responsible for permits, inspections, certifications, Township approvals, and required insurance. The landlord handles snow removal in the alley and rear parking area.

Key Highlights

  • Approximately 992 square feet of restaurant space
  • Existing restaurant equipment, furniture, and dining contents available under two lease arrangements
  • Across Main Street from Czig Meister Brewing Company in downtown Hackettstown

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,830
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,600 $256.6K
Cap Rate 7%
$183,286 $183.3K
Cap Rate 9%
$142,556 $142.6K
Market Conditions
NOI Build-Up for 992 SF
Gross rent
$17.9K $18.00/SF
− Vacancy
−$750 −$0.76/SF
EGI
$17.1K $17.24/SF
− OpEx
−$4.3K −$4.31/SF
NOI
$12.8K $12.93/SF
Area
Warren County, NJ
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,600
Cap Rate 7%
$183,286
Cap Rate 9%
$142,556

Alternative Uses

Best Use
Specialty Retail
$183.3K
$160.4K – $213.8K (±1% cap)
NOI $12,830 @ 7.0% cap · market cap 400.94%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$374.3K
$327.5K – $436.6K (±1% cap)
NOI $26,198 @ 7.0% cap · market cap 818.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

James on Main Restaurant

Suggested Use

Top Pick Real Estate Agency Hair Salon Grocery & Convenience Store Spa & Massage Center Storage Facility Skin Care Clinic

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

834
Businesses Nearby
Under-served
Demand for This Use

Demographics for 07840, NJ

31,255
Population
12,974
Households
2.4
Avg Household Size
43
Median Age
49%
College-Educated
96%
High-School Grad
37.3 sq mi
ZIP Area
838
Density / Sq Mi
$107,956
Median Household Income
$54,886
Median Earnings
$1,469
Median Rent
$373,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant equipment and furnishings are available through two lease arrangements.
Where is this conventional restaurant located?
The property is located at 105 Main St Hackettstown, NJ.
What are key features of this property?
This property features: Approximately 992 square feet of restaurant space; Existing restaurant equipment, furniture, and dining contents available under two lease arrangements; Across Main Street from Czig Meister Brewing Company in downtown Hackettstown
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