Turn-Key Restaurant and
180 Highway 36 Hazlet, NJ 07734
180 Highway 36, Hazlet, NJ, 07734
$699,999
For Sale
$699,999
COMMERCIAL - Hazlet, NJ
Property Size2,088 SF
Lot Size0.55 Acres
Price / SF$335.25
Days on Market246
Property Features for 180 Highway 36
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Rooms
- Basement
- Parking
- 22
- Parking features
- Parking Lot, On Street
- Security features
- Security System
- Interior features
- Refrigeration
- Exterior features
- Lighting
- Fencing
- Fenced
- Fireplace
- 1
- Basement
- Walk-Out Access, Partial
- Standard status
- Active
- APN
- 18-00140-0000-00001
- Size
- 2,088 SF
- Lot size
- 0.55 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 10515
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1949
- Floors in Building
- 1
- Flooring type
- Concrete, Vinyl
- Building materials
- Stone
- Roof type
- Shingle
Listing agency
C21 Thomson & Co.
(732) 945-7035
Listed by
Michael Fabozzi · License #1648315
(732) 945-7035
Added: Nov 17, 2025 Updated: Jul 11 at 3:34AM Checked: Jul 21 at 1:06PM
MLS# 22534653
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.
Investment Insights
Based on property information with market context.
This well-maintained restaurant and bar property was renovated in 2017 and is offered as turn-key. The building features a full commercial kitchen with a newer grease trap. A large basement includes walk-out access to the backyard and contains a walk-in refrigerator, utilities, storage, and an office. The site also provides parking spaces, including a garbage/recycle pad, and newer pavement in the parking lot.
Additional allowable uses are listed as Office, Child Care, Bank, Retail, and Health and Fitness, among others.
The property includes a newer two-zone heating system and includes on-site utilities and service-related infrastructure to support day-to-day operations.
Additional allowable uses are listed as Office, Child Care, Bank, Retail, and Health and Fitness, among others.
The property includes a newer two-zone heating system and includes on-site utilities and service-related infrastructure to support day-to-day operations.
Key Highlights
- Turn‑key restaurant/bar setup with full commercial kitchen and NEW grease trap
- Major renovation completed in 2017, with stone construction and shingle roof
- Two‑zone forced air heat with central air cooling
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
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Well-maintained restaurant and bar building includes a full commercial kitchen, newer HVAC system, and on-site parking.
Where is this conventional restaurant 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 restaurant/bar setup with full commercial kitchen and NEW grease trap; Major renovation completed in 2017, with stone construction and shingle roof; Two‑zone forced air heat with central air cooling
