Restaurant Building For
304 MOUNTAIN AVE Hackettstown, NJ 07840
304 MOUNTAIN AVE, Hackettstown, NJ, 07840
Contact for pricing
For Sale
Contact for pricing
Restaurant property offered for sale with a total size of 3,188 square feet.
Property Size3,188 SF
Price / SF$415.62
Days on Market50
Property Features for 304 MOUNTAIN AVE
General Information
- Standard status
- Active
- Size
- 3,188 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1980
Listing agency
Marcus & Millichap - New Jersey
(201) 742-6118
Listed by
Alan Cafiero · License #NJ 0791092
Source
Crexi
Added: Jun 2 Updated: Jul 21 at 3:48AM Checked: Jul 21 at 3:48AM
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 Marcus & Millichap - New Jersey
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to present 304 Mountain Ave in Hackettstown, New Jersey. This offering is categorized as a conventional restaurant property.
The asset is presented For Sale by Marcus & Millichap. The listed property size is 3,188 square feet, and the asking price is $1,325,000. Interested parties should contact the listing team for additional details and availability regarding the property’s configuration and supporting documentation.
The asset is presented For Sale by Marcus & Millichap. The listed property size is 3,188 square feet, and the asking price is $1,325,000. Interested parties should contact the listing team for additional details and availability regarding the property’s configuration and supporting documentation.
Key Highlights
- Restaurant property for sale at 304 Mountain Ave, Hackettstown, Warren County, NJ
- Total building size: 3,188 sq ft
- Year built: 1980
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 | $57.4k | $18.00 |
| − Vacancy | −$2.4k | −$0.76 |
| EGI | $55.0k | $17.24 |
| − OpEx | −$13.7k | −$4.31 |
| NOI | $41.2k | $12.93 |
3,188 SF · lease $18.00/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$589.0K
$515.4K – $687.2K
NOI $41,230 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.20M
$1.05M – $1.40M
NOI $84,192 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Friendly's
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Restaurant property offered for sale with a total size of 3,188 square feet.
Where is this conventional restaurant located?
The property is located at 304 MOUNTAIN AVE Hackettstown, NJ.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Restaurant property for sale at 304 Mountain Ave, Hackettstown, Warren County, NJ; Total building size: 3,188 sq ft; Year built: 1980
