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Mixed-Use Property with Two Restaurants
New
For Sale
$4,850,000

34 W Railroad Avenue W, Jamesburg, NJ 08831

Commercial Sale, Jamesburg, NJ

Property Size12,000 SF
Lot Size0.30 Acres
Price / SF$404.17
Days on Market2

Property Features for 34 W Railroad Avenue W

General Information

Property type Commercial Sale
Property subtype Other
Zoning CBD
Parking 10
Parking features Parking Lot
Directions See Google Map.
Standard status Active
APN 0800042000000012
Size 12,000 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 32315

Utilities

Sewer type Public Sewer
Heating system Zoned
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1930
Floors in Building 2
Flooring type Tile
Building materials Vinyl Siding
Roof type Flat, Rubber
Listing Agency: DAVIS REALTORS
Listed By: Ruby Bhalla
Added: Oct 16 Last Checked: Oct 17 at 11:06AM
MLS# 2706429R

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.

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Investment Insights

Based on property information with market context.

This 12,000-square-foot mixed-use building combines two restaurant storefronts with a commercial catering kitchen, office space, and a three-bedroom apartment. One restaurant includes an approximately 3,500-square-foot dining room and bar. The kitchen is equipped with commercial ranges, fryers, Rational ovens, specialty cooking equipment, three coolers, two freezers, and additional refrigeration, prep, and storage areas.

A major renovation was completed in 2024, with improvements that include a new roof, HVAC systems, kitchen exhaust systems, and sprinklers. The property is in the CBD zone in downtown Jamesburg, near Monroe Township and New Jersey Turnpike Exit 8A.

Key Highlights

  • 12,000 square feet of mixed‑use building area
  • Two restaurant storefronts supported by a shared commercial catering kitchen
  • Approximately 3,500 SF dining room with bar

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$183,514
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,670,280 $3.7M
Cap Rate 7%
$2,621,629 $2.6M
Cap Rate 9%
$2,039,044 $2.0M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$259.2K $21.60/SF
− Vacancy
−$14.5K −$1.21/SF
EGI
$244.7K $20.39/SF
− OpEx
−$61.2K −$5.10/SF
NOI
$183.5K $15.29/SF
Area
Middlesex 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%
$3,670,280
Cap Rate 7%
$2,621,629
Cap Rate 9%
$2,039,044

Alternative Uses

Best Use
Specialty Retail
$2.62M
$2.29M – $3.06M (±1% cap)
NOI $183,514 @ 7.0% cap · market cap 3.78%
Second Best
Industrial
$1.92M
$1.68M – $2.24M (±1% cap)
NOI $134,691 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$3.13M
$2.74M – $3.66M (±1% cap)
NOI $219,341 @ 7.0% cap · market cap 4.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Hair Salon Parking Lot & Garage Storage Facility Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Sprinkler system
Yes
Highway access
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

567
Businesses Nearby

Demographics for 08831, NJ

55,123
Population
24,898
Households
2.2
Avg Household Size
53
Median Age
51%
College-Educated
95%
High-School Grad
51.3 sq mi
ZIP Area
1,075
Density / Sq Mi
$108,741
Median Household Income
$74,340
Median Earnings
$1,872
Median Rent
$489,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The two food-service spaces share a commercial kitchen, alongside a three-bedroom apartment and dedicated office area.
Where is this mixed-use property located?
The property is located at 34 W Railroad Avenue W Jamesburg, NJ.
What is the asking price?
The asking price for this property is $4,850,000.
What are key features of this property?
This property features: 12,000 square feet of mixed‑use building area; Two restaurant storefronts supported by a shared commercial catering kitchen; Approximately 3,500 SF dining room with bar
More about this property
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