Turnkey Deli and Restaurant
For Sale
$1,475,000
798 River Road, Fair Haven, NJ 07704
Turnkey deli/restaurant with outdoor sidewalk and patio seating plus eleven on-site parking spaces.
Property Size3,169 SF
Price / SF$465.45
Days on Market80
Property Features for 798 River Road
General Information
Standard status
Active
Size
3,169 SF
Total Parking Spaces
11
Property subtype
General Commercial
Additional Details
Business Included
Yes
Listing Agency:
(732) 530-2800
Listed By:
Rumson
(732) 530-2800
Source:
Xome
Added: May 18
Changed: Jul 10
Last Checked: Jun 15 at 1:42AM
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 Rumson
Investment Insights
Based on property information with market context.
This offering presents a landmark delicatessen and thriving food-service business together with the real estate. The package includes the operating business, real estate, furniture, fixtures, equipment, and inventory, positioned for an owner-operator or hospitality group looking for a true turnkey transition. The property is approximately 3,200 square feet and supports multiple food-service concepts, including deli sandwiches, breakfast and lunch, specialty foods, coffee bar, ice cream service, and established catering.
Located along River Road in Fair Haven’s historic business district, the site is set up to serve both residents and passersby. On-site parking totals eleven spaces, a practical convenience in a downtown setting. Outdoor sidewalk and patio seating add capacity for guests and support the property’s customer-facing experience, while a second-floor space provides an additional area that can be used to broaden catering, private events, banquet functions, meetings, or other business uses.
For a new owner, the combination of established operations and flexible space can support continuing the existing deli and catering model while exploring additional uses within the property. The availability of the full operational package—business, assets, and inventory—reduces the lead time typically required to open and stabilize a food-service concept.
Located along River Road in Fair Haven’s historic business district, the site is set up to serve both residents and passersby. On-site parking totals eleven spaces, a practical convenience in a downtown setting. Outdoor sidewalk and patio seating add capacity for guests and support the property’s customer-facing experience, while a second-floor space provides an additional area that can be used to broaden catering, private events, banquet functions, meetings, or other business uses.
For a new owner, the combination of established operations and flexible space can support continuing the existing deli and catering model while exploring additional uses within the property. The availability of the full operational package—business, assets, and inventory—reduces the lead time typically required to open and stabilize a food-service concept.
Key Highlights
- Approximately 3,200 sq ft Fair Haven deli/food‑service property on River Road in the historic business district
- Includes the operating business plus furniture, fixtures, equipment, and inventory
- 11 on‑site off‑street parking spaces; lighted, with parking on site
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 | $68.5k | $21.60 |
| − Vacancy | −$3.8k | −$1.21 |
| EGI | $64.6k | $20.39 |
| − OpEx | −$16.2k | −$5.10 |
| NOI | $48.5k | $15.29 |
3,169 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$692.3K
$605.8K – $807.7K
NOI $48,463 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$827.5K
$724.1K – $965.4K
NOI $57,924 @ 7.0% cap · market cap 3.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
33k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 56%
Dining 27%
Home Improvements & Furnishings 8%
Shops & Services 8%
ACME Markets
Groceries
18,781 visits/mo
0.5 miles
Dunkin' Donuts
Dining
4,734 visits/mo
0.4 miles
Over Easy
Dining
4,330 visits/mo
0.5 miles
Fair Haven Hardware Inc.
Home Improvements & Furnishings
2,825 visits/mo
0.1 miles
Chase Bank
Shops & Services
2,695 visits/mo
0.5 miles
Demographics for 07704, NJ
6,278
Population
2,082
Households
3
Avg Household Size
40
Median Age
81%
College-Educated
98%
High-School Grad
1.6 sq mi
ZIP Area
3,924
Density / Sq Mi
$237,132
Median Household Income
$102,873
Median Earnings
$3,500
Median Rent
$943,300
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?
Conventional restaurant - Turnkey deli/restaurant with outdoor sidewalk and patio seating plus eleven on-site parking spaces.
Where is this conventional restaurant located?
The property is located at 798 River Road Fair Haven, NJ.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Approximately 3,200 sq ft Fair Haven deli/food‑service property on River Road in the historic business district; Includes the operating business plus furniture, fixtures, equipment, and inventory; 11 on‑site off‑street parking spaces; lighted, with parking on site
