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Mixed-Use Property with Restaurant
For Sale
$2,400,000

1302 Monmouth Road, Eastampton, NJ 08060

Commercial Sale, Eastampton, NJ

Property Size24,829 SF
Lot Size0.57 Acres
Price / SF$96.66
Days on Market53

Property Features for 1302 Monmouth Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Parking Lot, Open
Security features Security System
Interior features Handicapped, Refrigeration
Exterior features Lighting, Outdoor Shower
Accessibility Accessible Approach with Ramp
Lot features Corner Lot
Directions Use GPS
Standard status Active
APN 11-00600-0000-00007-01
Size 24,829 SF
Lot size 0.57 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 22599

Utilities

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

Building Details

Year built 1981
Floors in Building 2
Building materials Block, Log
Listing Agency: Imperial Realty Properties
Listed By: Giana Piccini
Added: Aug 25 Changed: Oct 2 Last Checked: Oct 16 at 6:06PM
MLS# 22626607

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.

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Investment Insights

Based on property information with market context.

This mixed-use commercial property combines a multi-tenant strip mall with a fully built-out restaurant area. The restaurant component includes existing furniture, fixtures, and equipment, along with refrigeration, central air, forced-air heating, and an accessible approach with ramp. A liquor license is also included, while the business name is excluded from the sale.

The property occupies 0.57 acres and contains 24,829 square feet. Built in 1981, it offers an open parking lot, road frontage, and access to major highways. Public water and public sewer serve the site. The improvements also include exterior lighting, an outdoor shower, block and log construction materials, and handicapped accessibility features.

Key Highlights

  • 24,829‑square‑foot mixed‑use property on 0.57 acres
  • Multi‑tenant strip mall with fully built‑out restaurant area
  • Restaurant sale includes existing furniture, fixtures, and equipment

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 (±1% cap)
NOI $371,293 @ 7.0% cap · market cap 15.47%
Second Best
Specialty Retail
$4.57M
$4.00M – $5.34M (±1% cap)
NOI $320,108 @ 7.0% cap · market cap 13.34%
Theoretical Best
Warehouse
$51.93M
$45.44M – $60.58M (±1% cap)
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

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Current Use

ATM Machine at Russos ... Atm Russo's Pub & Italian ... Restaurant

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Dental Office Auto Repair Shop

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

141
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 46%
Dunkin' Donuts Dining
7,749 visits/mo 0.2 miles
Lukoil Shops & Services
6,486 visits/mo 0.1 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
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?
Mixed-use property - Multi-tenant retail space includes an equipped restaurant buildout and on-site open parking.
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: 24,829‑square‑foot mixed‑use property on 0.57 acres; Multi‑tenant strip mall with fully built‑out restaurant area; Restaurant sale includes existing furniture, fixtures, and equipment
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