Multi-Tenant Mixed-Use
1302 Monmouth Road, Eastampton, NJ 08060
For Sale
New
$2,400,000
The property combines retail tenancy with a furnished restaurant space and an on-site liquor license.
Property Size24,829 SF
Price / SF$96.66
Days on Market2
Property Features for 1302 Monmouth Road
General Information
Standard status
Size
Zoning
Restaurant
Equipment Included
Liquor License
Additional Details
Furnished
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
true
Handicapped,Refrigeration
No
Electric
License, Inventory, Equipment/Furniture, Business Name
Corner Lot
Public
0.57
Parking Lot,Open,Paver Block
Lighting,Outdoor Shower
24829
Building Details
Building Size
Year Built
Stories
Tenancy
Listing Agency:
Giana Piccini, Imperial Realty Properties
(201) 204-1334
Listed By:
Jessie Su
Source:
Opuselitenj
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 7 at 1:36PM
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 Giana Piccini, Imperial Realty Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property brings together a multi-tenant retail center and a built-out restaurant space. Restaurant furniture, fixtures, and equipment are included, along with a liquor license; the business name is excluded from the sale. The building dates to 1981 and is on a corner lot in Eastampton, New Jersey.
Commercial zoning, a parking lot, and access to major highways are among the additional property features.
Commercial zoning, a parking lot, and access to major highways are among the additional property features.
Key Highlights
- Multi‑tenant retail center with a built‑out restaurant space
- Restaurant furniture, fixtures, and equipment included
- Liquor license included; business name excluded
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$210,657
Cap Rate
8.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,213,140
$4.2M
Cap Rate 7%
$3,009,386
$3.0M
Cap Rate 9%
$2,340,633
$2.3M
Market Conditions
NOI Build-Up for 24,829 SF
Gross rent
$393.3K $15.84/SF
− Vacancy
−$56.2K −$2.27/SF
EGI
$337.1K $13.57/SF
− OpEx
−$126.4K −$5.09/SF
NOI
$210.7K $8.48/SF
Area
Burlington County, NJ
Vacancy
14.30%
Lease Rate
$15.84 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,213,140
Cap Rate 7%
$3,009,386
Cap Rate 9%
$2,340,633
Alternative Uses
Best Use
Retail
$5.30M
$4.64M – $6.19M
NOI $371,293 @ 7.0% cap · market cap 15.47%
Second Best
Specialty Retail
$4.57M
$4.00M – $5.34M
NOI $320,108 @ 7.0% cap · market cap 13.34%
Theoretical Best
Warehouse
$51.93M
$45.44M – $60.58M
NOI $3,635,056 @ 7.0% cap · market cap 151.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
762
Businesses Nearby
20k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 71%
Shops & Services 29%
Starbucks
Dining
14,089 visits/mo
0.5 miles
Valero Energy
Shops & Services
4,192 visits/mo
0.5 miles
Caliber Collision
Shops & Services
756 visits/mo
0.5 miles
Napa Auto Parts
Shops & Services
729 visits/mo
0.5 miles
Demographics for 08060, NJ
25,426
Population
10,198
Households
2.5
Avg Household Size
38
Median Age
38%
College-Educated
96%
High-School Grad
21.6 sq mi
ZIP Area
1,177
Density / Sq Mi
$107,165
Median Household Income
$59,035
Median Earnings
$1,619
Median Rent
$292,000
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Burlington County, NJ
Properties on Market for Mixed-use properties in Burlington County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines retail tenancy with a furnished restaurant space and an on-site liquor license.
Where is this mixed-use property located?
The property is located at 1302 Monmouth Road Eastampton, NJ.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Multi‑tenant retail center with a built‑out restaurant space; Restaurant furniture, fixtures, and equipment included; Liquor license included; business name excluded
