Equipped Restaurant
For Sale
$90,000
231 Bay Avenue, Highlands, NJ 07732
Commercial Sale, Highlands, NJ
Property Size1,523 SF
Lot Size0.17 Acres
Price / SF$59.09
Days on Market78
Property Features for 231 Bay Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Multi-Use, Commercial
Parking features
Offsite, On Street, Off Street
Interior features
Handicapped
Accessibility
Accessible Approach with Ramp
Lot features
Corner Lot
Directions
Property is located on Bay Ave, Highlands with access from Highway 36 North or South
Standard status
Active
APN
32-00306-0000-00014-01
Size
1,523 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9025
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Water source
Public
Building Details
Year built
1992
Floors in Building
3
Listing Agency:
Benchmark Realty Group LLC
(732) 440-9663
Listed By:
Charles Frank
(732) 747-5575
Added: Jul 5
Changed: Sep 16
Last Checked: Sep 20 at 7:06PM
MLS# 22620278
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 restaurant business includes a full kitchen and accessibility features, including an approach with ramp. The property was built in 1992 and has hot-water heating, public water, and public sewer service. Parking is available through on-street, offsite, and off-street options.
Located at 231 Bay Avenue in Highlands, New Jersey, the property occupies a 0.17-acre site in Monmouth County. The existing lease runs through 2030 and includes one 5-year renewal option. The lease structure is NNN.
Located at 231 Bay Avenue in Highlands, New Jersey, the property occupies a 0.17-acre site in Monmouth County. The existing lease runs through 2030 and includes one 5-year renewal option. The lease structure is NNN.
Key Highlights
- Full kitchen included with the restaurant business
- 0.17‑acre site at 231 Bay Avenue, Highlands, NJ 07732
- Lease expires in 2030 with (1) 5‑year option to renew
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07732, NJ
4,710
Population
3,040
Households
1.5
Avg Household Size
49
Median Age
54%
College-Educated
91%
High-School Grad
3.8 sq mi
ZIP Area
1,239
Density / Sq Mi
$90,205
Median Household Income
$72,484
Median Earnings
$1,841
Median Rent
$396,800
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant operation includes a full kitchen and an accessible approach with ramp.
Where is this conventional restaurant located?
The property is located at 231 Bay Avenue Highlands, NJ.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: Full kitchen included with the restaurant business; 0.17‑acre site at 231 Bay Avenue, Highlands, NJ 07732; Lease expires in 2030 with (1) 5‑year option to renew
