Three-Level Restaurant with
For Sale
$2,150,000
260 Beachway Avenue, Keansburg, NJ 07734
Commercial Sale, Keansburg, NJ
Property Size10,000 SF
Lot Size0.20 Acres
Price / SF$215
Days on Market156
Property Features for 260 Beachway Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-2
Parking
21
Interior features
Appliances, Fixtures, Office Equipment, Passenger Elevator(s), Refrigeration, Furniture, Elevator, Lighting Fixtures
Accessibility
Accessible Elevator Installed
Appliances
Appliances, Refrigeration
Lot features
Near Shopping, Residential Area, Waterview
Directions
Route 36 to Main street and Main street to Beachway
Standard status
Active
APN
2300013000000001
Size
10,000 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
22000
Utilities
Heating system
Zoned, Forced Air
Cooling system
Central Air, Ceiling Fan(s)
Water source
Private
Building Details
Year built
2023
Floors in Building
1
Flooring type
Lighting fixtures, Elevator, Tile, Tile - Ceramic
Building materials
Brick
Roof type
Asphalt
Listing Agency:
KELLER WILLIAMS ELITE REALTORS · Keller Williams Realty
(732) 549-1998
Listed By:
Keke Wilkins
(718) 208-6840
Added: May 5
Changed: Sep 17
Last Checked: Oct 7 at 12:06AM
MLS# 2615216R
Copyright © 2026 All Jersey 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 conventional restaurant property contains 10,000 square feet across three levels on a 0.1997-acre parcel. The space includes outdoor patios, appliances, refrigeration, furniture, office equipment, lighting fixtures, and an elevator with accessible installation. Brick construction, tile and ceramic tile flooring, forced-air heating, zoned heating, central air, and ceiling fans are also documented. A B-2 zoning designation and private water source are in place. A liquor license is available as part of the broader acquisition offering.
The property is located at 260 Beachway Avenue in Keansburg, across from the beach and amusement park. The source information also identifies seasonal foot traffic, local demand, and summer tourism as part of the surrounding commercial context.
The property is located at 260 Beachway Avenue in Keansburg, across from the beach and amusement park. The source information also identifies seasonal foot traffic, local demand, and summer tourism as part of the surrounding commercial context.
Key Highlights
- 10,000‑square‑foot restaurant across three levels
- 0.1997‑acre parcel at 260 Beachway Avenue, Keansburg, NJ 07734
- Outdoor patios provide additional seating areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,928
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,058,560
$3.1M
Cap Rate 7%
$2,184,686
$2.2M
Cap Rate 9%
$1,699,200
$1.7M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$216.0K $21.60/SF
− Vacancy
−$12.1K −$1.21/SF
EGI
$203.9K $20.39/SF
− OpEx
−$51.0K −$5.10/SF
NOI
$152.9K $15.29/SF
Area
Monmouth County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,058,560
Cap Rate 7%
$2,184,686
Cap Rate 9%
$1,699,200
Alternative Uses
Best Use
Specialty Retail
$2.18M
$1.91M – $2.55M
NOI $152,928 @ 7.0% cap · market cap 7.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.61M
$2.28M – $3.05M
NOI $182,784 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
2,494 visits/mo
0.2 miles
Demographics for 07734, NJ
12,772
Population
5,349
Households
2.4
Avg Household Size
39
Median Age
22%
College-Educated
89%
High-School Grad
1.7 sq mi
ZIP Area
7,513
Density / Sq Mi
$89,073
Median Household Income
$41,228
Median Earnings
$1,638
Median Rent
$310,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Fully equipped restaurant property with commercial fixtures, refrigeration, elevator access, and outdoor seating areas.
Where is this conventional restaurant located?
The property is located at 260 Beachway Avenue Keansburg, NJ.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 10,000‑square‑foot restaurant across three levels; 0.1997‑acre parcel at 260 Beachway Avenue, Keansburg, NJ 07734; Outdoor patios provide additional seating areas
