Restaurant with Outdoor
Jackson, NJ 08527, Jackson, NJ 08527
For Sale
New
$1,000,000
Commercial Sale, Jackson, NJ
Property Size3,760 SF
Price / SF$265.96
Days on Market2
Property Features
General Information
Property type
Property subtype
Parking
Exterior features
Fireplace
Subdivision
Standard status
Size
Tenancy & Operations
Currently Operating
Business Included
Utilities
Sewer type
Heating system
Water source
Building Details
Floors in Building
Flooring type
Building materials
Listing Agency:
RE/MAX Central · RE/MAX International
Listed By:
Giovanni Randazzo · License #1429940
(732) 972-1000
Added: Nov 5
Last Checked: Nov 6 at 9:06PM
MLS# 22634978
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.
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Investment Insights
Based on property information with market context.
This restaurant property includes approximately 3,760 square feet, indoor seating for 104, and an outdoor patio with more than 60 additional seats. A wood-burning pizza oven is among the restaurant’s features. The operation serves dine-in guests and also handles takeout and online orders, with space used for private gatherings. Central air conditioning and gas heating are in place, and the site has approximately 86 parking spaces.
The restaurant has operated at this location since 2004. Its lease began July 1, 2024, and runs through July 1, 2034, with no base-rent increases during the initial 10-year term. Two five-year renewal options are available; annual base-rent increases during renewal periods are set at 4%.
The restaurant has operated at this location since 2004. Its lease began July 1, 2024, and runs through July 1, 2034, with no base-rent increases during the initial 10-year term. Two five-year renewal options are available; annual base-rent increases during renewal periods are set at 4%.
Key Highlights
- Approximately 3,760 square feet with indoor seating for 104 guests
- Outdoor patio seating for 60+
- Approximately 86 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,501
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,150,020
$1.2M
Cap Rate 7%
$821,443
$821.4K
Cap Rate 9%
$638,900
$638.9K
Market Conditions
NOI Build-Up for 3,760 SF
Gross rent
$81.2K $21.60/SF
− Vacancy
−$4.5K −$1.21/SF
EGI
$76.7K $20.39/SF
− OpEx
−$19.2K −$5.10/SF
NOI
$57.5K $15.29/SF
Area
Ocean 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%
$1,150,020
Cap Rate 7%
$821,443
Cap Rate 9%
$638,900
Alternative Uses
Best Use
Specialty Retail
$821.4K
$718.8K – $958.4K
NOI $57,501 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$981.8K
$859.1K – $1.15M
NOI $68,727 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08527, NJ
57,925
Population
21,755
Households
2.7
Avg Household Size
41
Median Age
39%
College-Educated
94%
High-School Grad
85.4 sq mi
ZIP Area
678
Density / Sq Mi
$109,059
Median Household Income
$55,349
Median Earnings
$1,693
Median Rent
$460,600
Median Home Value
Market
Average Price Trend$/SF for Conventional restaurants in Ocean County, NJ
Properties on Market for Conventional restaurants in Ocean County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A wood-burning pizza oven complements dine-in, takeout, online ordering, and private-event operations.
Where is this conventional restaurant located?
The property is located at Jackson, NJ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Approximately 3,760 square feet with indoor seating for 104 guests; Outdoor patio seating for 60+; Approximately 86 parking spaces
