Storefront Retail
New
For Sale
$695,000
618 Main Street, Bradley Beach, NJ 07720
COMMERCIAL - Bradley Beach, NJ
Property Size2,030 SF
Lot Size0.10 Acres
Price / SF$342.36
Days on Market2
Property Features for 618 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Rooms
Basement
Parking features
Alley, On Street
Basement
Partial
Directions
Take Route 33 East to Main St.
Standard status
Active
APN
08-00044-0000-00029
Size
2,030 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7574
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Floors in Building
1
Listing Agency:
Realty One Group Open Door
(732) 410-5699
Listed By:
Michael Crocitto · License #2295566
(732) 410-5699
Added: Aug 12
Last Checked: Aug 13 at 1:06AM
MLS# 22624940
Copyright © 2026 More 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.
Bradley Liquors is an operating storefront retail business at 618 Main Street in Bradley Beach, NJ. The offering includes a Broad C License, with the source information identifying potential for bar or in-house consumption. The premises contain approximately 2,030 square feet and include a basement, providing additional interior space for the operation.
The business occupies a visible position within Bradley Beach, a Monmouth County beach community with summer tourism, nearby BYOB restaurants, residential neighborhoods, NJ Transit access, and proximity to the beach. It is described as one of only two liquor stores in town and has maintained a long-standing presence in the local community. Parking options include alley and on-street parking, while both water service and sewer are public.
The business occupies a visible position within Bradley Beach, a Monmouth County beach community with summer tourism, nearby BYOB restaurants, residential neighborhoods, NJ Transit access, and proximity to the beach. It is described as one of only two liquor stores in town and has maintained a long-standing presence in the local community. Parking options include alley and on-street parking, while both water service and sewer are public.
Key Highlights
- Operating Bradley Liquors business at 618 Main Street, Bradley Beach, NJ 07720
- Broad C License with potential for bar or in‑house consumption
- Approximately 2,030 square feet with basement space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,044
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$620,880
$620.9K
Cap Rate 7%
$443,486
$443.5K
Cap Rate 9%
$344,933
$344.9K
Market Conditions
NOI Build-Up for 2,030 SF
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.
Gross rent
$43.8K $21.60/SF
− Vacancy
−$2.5K −$1.21/SF
EGI
$41.4K $20.39/SF
− OpEx
−$10.3K −$5.10/SF
NOI
$31.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$620,880
Cap Rate 7%
$443,486
Cap Rate 9%
$344,933
Alternative Uses
Best Use
Specialty Retail
$443.5K
$388.1K – $517.4K
NOI $31,044 @ 7.0% cap · market cap 4.47%
Second Best
Retail
$413.9K
$362.2K – $482.9K
NOI $28,975 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$530.1K
$463.8K – $618.4K
NOI $37,105 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
1,008
Businesses Nearby
36k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 86%
Groceries 14%
Family Dollar
Shops & Services
9,450 visits/mo
0.5 miles
Chase Bank
Shops & Services
6,983 visits/mo
0.3 miles
7-Eleven
Shops & Services
6,546 visits/mo
0.4 miles
Liquor Mart
Groceries
5,113 visits/mo
0.5 miles
Mobil
Shops & Services
3,924 visits/mo
0.1 miles
Demographics for 07720, NJ
4,175
Population
2,836
Households
1.5
Avg Household Size
47
Median Age
67%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
6,958
Density / Sq Mi
$94,722
Median Household Income
$52,661
Median Earnings
$1,710
Median Rent
$857,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Established liquor business with a Broad C License, basement space, and public utility connections.
Where is this storefront property located?
The property is located at 618 Main Street Bradley Beach, NJ.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Operating Bradley Liquors business at 618 Main Street, Bradley Beach, NJ 07720; Broad C License with potential for bar or in‑house consumption; Approximately 2,030 square feet with basement space
