3119 Revere Blvd, Brigantine, NJ 08203
- Added:
- Jun 17, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 20 at 7:06 am
Property Features for 3119 Revere Blvd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 13730
Listing agent RALPH (PAUL) BUSCO License #0569707 (609) 515-0530
Listing office Soleil Sotheby's International Realty-B 3119 Atlantic BRIGANTINE BLVD, BRIGANTINE, NJ (609) 264-5543
Listing date Jun 17, 2026
Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2‑story former Cellar 32 bar & restaurant building with 6,750 SF of bar/restaurant space
- Liquor license: Plenary Retail Consumption License with Broad Package Privilege (liquor license only listed at $350K)
- Seating capacity for 240 patrons plus ample off‑street parking with 25 spaces
- Mixed use (commercial/residential) permitted in the zone; redevelopment options may require governmental approvals
- Located in Brigantine Beach near Lighthouse Circle and CVS, with year‑round retail neighbors
- Seller has recent appraisal supporting asking price (available upon request) and a current building environmental report
Overview
The property is located at 3119 Revere Blvd in Brigantine, NJ, with retail neighbors noted in the remarks, including CVS and year-round retail. The liquor license described is a Plenary Retail Consumption License with a broad package privilege.
This is a practical fit for an operator seeking to reopen a bar/restaurant concept with an accompanying liquor license. The remarks also indicate that a mixed-use approach (commercial/residential) is permitted in the zone, subject to applicable approvals. Please note the last photo referenced is a redevelopment concept rendering and may require governmental approvals, which should be confirmed by buyers or professionals. The listing also notes the option to purchase the liquor license only (no real estate) at $350K; please contact the listing agent for details related to the liquor license-only inquiries.
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 | $145.8k | $21.60 |
| − Vacancy | −$6.6k | −$0.97 |
| EGI | $139.2k | $20.63 |
| − OpEx | −$34.8k | −$5.16 |
| NOI | $104.4k | $15.47 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- The Cellar 32 — 3119 Revere Blvd, Brigantine, NJ 08203
- The Cove Restaurant - Bar - Package Goods — 3700 Brigantine Blvd, Brigantine, NJ 08203
Location Insight
- Map
- Local Demand
- City
- Brigantine
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.3870805
- Latitude
- 39.3954203
