Turn-Key Restaurant/Bar on
180 Highway 36 Hazlet, NJ 07734
180 Highway 36, Hazlet, NJ, 07734
$699,999
For Sale
$699,999
Profitable restaurant/bar with prime highway location and recent renovations.
Property Size2,088 SF
Lot Size0.55 Acres
Price / SF$335.25
Days on Market246
Property Features for 180 Highway 36
General Information
- Standard status
- Active
- Size
- 2,088 SF
- Lot size
- 0.55 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1949
Listing agency
C21 THOMSON & CO.
(732) 945-7035
Listed by
MICHAEL FABOZZI · License #1648315
Source
Corcoran
Added: Nov 17, 2025 Updated: Jul 10 at 3:47PM Checked: Jul 21 at 5:30AM
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 C21 THOMSON & CO.
Investment Insights
Based on property information with market context.
This turn-key restaurant and bar is situated in a prime highway location. The building, which has been well-maintained, underwent a major renovation in 2017. The property includes 22 parking spaces, along with a garbage and recycle pad. The parking lot features newer pavement. A newer 2-zone heating system is in place. The property is equipped with a full commercial kitchen that includes a new grease trap. A large basement offers walk-out access to the backyard and includes a walk-in refrigerator, utilities, storage space, and an office. The property's size is 2088 square feet. Other allowable uses for the property include office space, child care facilities, banks, retail establishments, and health and fitness centers.
Key Highlights
- Turn‑key profitable restaurant/bar in a prime highway location.
- Major renovation completed in 2017.
- Full commercial kitchen with NEW grease trap.
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 | $45.1k | $21.60 |
| − Vacancy | −$2.5k | −$1.21 |
| EGI | $42.6k | $20.39 |
| − OpEx | −$10.6k | −$5.10 |
| NOI | $31.9k | $15.29 |
2,088 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$456.2K
$399.1K – $532.2K
NOI $31,931 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$545.2K
$477.1K – $636.1K
NOI $38,165 @ 7.0% cap · market cap 5.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar For Sale Nearby
Similar Off Market Nearby
- Delilah's Den Of Hazlet — 417 S Laurel Ave, Keansburg, NJ 07734
- Nic’s Hometown Tavern — 180 NJ-36, Hazlet, NJ 07730
- The Restobar at Nappys — 304 Main St, Keansburg, NJ 07734
- Pirouzi Hookah Lounge — 310 Main St, Keansburg, NJ 07734
- Ancient Order of Hibernians div 2 — 12 NJ-36, Middletown Township, NJ 07748
FAQs
What type of property is this?
Bar & Pub - Profitable restaurant/bar with prime highway location and recent renovations.
Where is this bar & pub located?
The property is located at 180 Highway 36 Hazlet, NJ.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Turn‑key profitable restaurant/bar in a prime highway location.; Major renovation completed in 2017.; **Full commercial kitchen with NEW grease trap.**
