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Turnkey Bar with Liquor License
For Sale
$849,890

40 E Black Horse Pike, Hammonton, NJ 08037

COMMERCIAL - Folsom Borough, NJ

Property Size5,000 SF
Lot Size3.62 Acres
Price / SF$169.98
Days on Market110

Property Features for 40 E Black Horse Pike

General Information

Property type Commercial Sale
Property subtype Other
Zoning RD
Rooms Laundry Room, Office
Parking features Off Street
Interior features Restroom, Smoke/Fire Alarm, Storage
Exterior features Fence, Sign
Fencing Fenced
Lot features Business District
Directions Black Horse Pike to Location.
Subdivision Folsom Borough
Standard status Active
Lot size 3.62 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8496

Utilities

Heating system Forced Air
Cooling system Ceiling Fan(s), Central Air
Water source Well

Building Details

Year built 1982
Flooring type Linoleum, Hardwood
Roof type Flat
Additional Structures Storage
Listing Agency: KELLER WILLIAMS REALTY-WASHINGTON TWP
Listed By: THOMAS DUFFY · License #8932672
Added: Apr 17 Changed: Aug 2 Last Checked: Aug 4 at 10:06AM
MLS# 606843

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.

Investment Insights

Based on property information with market context.

Turnkey bar and commercial property built in 1982, offered with the building, associated land, and a plenary retail consumption liquor license. The approximately 5,000 SF building has a maximum occupancy of 282 and includes restroom, storage, laundry room, and an office. Furnishings, fixtures, equipment, and inventory are included for a seamless transition.

Set on 3.62 acres with approximately 450 feet of frontage on 40 E Black Horse Pike in Folsom Borough, NJ, the property benefits from high-visibility exposure along the corridor. The site offers off-street parking for 78 vehicles, with fencing and a sign on site.

Additional property features include forced air heating with central air cooling, well water service, and a flat roof. A new roof was installed in 2026.

Key Highlights

  • Plenary retail consumption liquor license included with the sale
  • Approximately 450 feet of frontage on Black Horse Pike for high‑visibility exposure
  • 3.62‑acre bar and commercial site with fenced exterior and on‑site sign

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 $108.0k $21.60
− Vacancy −$4.9k −$0.97
EGI $103.1k $20.63
− OpEx −$25.8k −$5.16
NOI $77.4k $15.47
5,000 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.11M
$966.9K – $1.29M (±1% cap)
NOI $77,355 @ 7.0% cap · market cap 9.10%
Second Best
no second resolved use
Theoretical Best
Warehouse
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,338 @ 7.0% cap · market cap 15.34%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Bakery Catering Service Home Appliance Store Hair Salon

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

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby
Well-served
Demand for This Use

Demographics for 08037, NJ

23,814
Population
9,682
Households
2.5
Avg Household Size
44
Median Age
29%
College-Educated
90%
High-School Grad
122.5 sq mi
ZIP Area
194
Density / Sq Mi
$83,762
Median Household Income
$40,668
Median Earnings
$1,297
Median Rent
$307,700
Median Home Value

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • The Folsom Inn 1030 Black Horse Pike, Hammonton, NJ 08037

Frequently Asked Questions

What type of property is this?
Bar & Pub - Turnkey bar property with a plenary retail consumption liquor license, FF&E included, and off-street parking.
Where is this bar & pub located?
The property is located at 40 E Black Horse Pike Hammonton, NJ.
What is the asking price?
The asking price for this property is $849,890.
What are key features of this property?
This property features: Plenary retail consumption liquor license included with the sale; Approximately 450 feet of frontage on Black Horse Pike for high‑visibility exposure; 3.62‑acre bar and commercial site with fenced exterior and on‑site sign
More about this property
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