Equipped Restaurant Property For
759 State Route 34 Matawan, NJ 07747
759 State Route 34, Matawan, NJ, 07747
$230,000
For Sale
$230,000
Stand-alone restaurant property with newer appliances and outdoor seating.
Property Size783 SF
Price / SF$293.74
Days on Market256
Property Features for 759 State Route 34
General Information
- Standard status
- Active
- Size
- 783 SF
- Property subtype
- Commercial
Listing Agency
RE/MAX CENTRAL
(732) 972-1000
Listed by
YELENA SHPRINGER
Source
Corcoran
Added: Nov 7, 2025 Updated: Jul 6 at 10:10 am Checked: Jul 19 at 4:47 am
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 RE/MAX CENTRAL
Investment Insights
Based on property information with market context.
This stand-alone property is equipped for a baking, cafe, or restaurant-related business. The 783 square-foot space features a spacious front main room, a kitchen, and a full bathroom. Outdoor seating is available, and the property includes 20 parking spots. The location offers curb appeal for a new business.
Key Highlights
- Fully equipped for baking/cafe/restaurant business with newer appliances.
- Stand‑alone property with great curb appeal.
- Spacious front main room and kitchen.
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 | $16.9k | $21.60 |
| − Vacancy | −$947 | −$1.21 |
| EGI | $16.0k | $20.39 |
| − OpEx | −$4.0k | −$5.10 |
| NOI | $12.0k | $15.29 |
783 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$171.1K
$149.7K – $199.6K
NOI $11,974 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$204.5K
$178.9K – $238.5K
NOI $14,312 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Restaurant - Stand-alone restaurant property with newer appliances and outdoor seating.
Where is this restaurant located?
The property is located at 759 State Route 34 Matawan, NJ.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Fully equipped for baking/cafe/restaurant business with newer appliances.; Stand‑alone property with great curb appeal.; Spacious front main room and kitchen.
