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Restaurant and Bar Property
New
For Sale
$2,300,000

Squankum Road, Farmingdale, NJ 07727

Commercial Sale, Farmingdale, NJ

Property Size4,525 SF
Lot Size1.44 Acres
Price / SF$508.29
Days on Market7

Property Features for Squankum Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Retail, Commercial
Parking 85
Parking features Parking Lot, Open, Off Street
Window features Insulated Windows
Lot features Level, Cleared, Highway Frontage
Directions On Squankum Road in Farmingdale.
Subdivision Howell Twnsp
Standard status Active
APN 21-00049-0000-00025
Size 4,525 SF
Lot size 1.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 19374

Utilities

Sewer type Septic Tank
Heating system Baseboard
Cooling system Central Air
Water source Public

Building Details

Floors in Building 2
Flooring type Wood
Roof type Asphalt, Shingle
Listing Agency: Preferred Properties Real Estate · Better Homes and Gardens Real Estate
Listed By: Marc Brennan
Added: Sep 30 Changed: Oct 2 Last Checked: Oct 6 at 6:06PM
MLS# 22630848

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.

The restaurant and bar property includes a 4,525-square-foot building on 1.44 acres. Interior features include wood flooring, baseboard heating, and central air conditioning. The building has an asphalt shingle roof.

Public water and septic service are reported for the property. Parking includes a lot with open, off-street spaces.

Key Highlights

  • 4,525‑square‑foot restaurant and bar building
  • 1.44‑acre property
  • Wood flooring, baseboard heat, and central air conditioning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$69,200
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,384,000 $1.4M
Cap Rate 7%
$988,571 $988.6K
Cap Rate 9%
$768,889 $768.9K
Market Conditions
NOI Build-Up for 4,525 SF
Gross rent
$97.7K $21.60/SF
− Vacancy
−$5.5K −$1.21/SF
EGI
$92.3K $20.39/SF
− OpEx
−$23.1K −$5.10/SF
NOI
$69.2K $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 Rate 5%
$1,384,000
Cap Rate 7%
$988,571
Cap Rate 9%
$768,889

Alternative Uses

Best Use
Specialty Retail
$988.6K
$865.0K – $1.15M (±1% cap)
NOI $69,200 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,710 @ 7.0% cap · market cap 3.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Bars & Pubs

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby
Well-served
Demand for This Use

Demographics for 07727, NJ

7,707
Population
2,951
Households
2.6
Avg Household Size
45
Median Age
49%
College-Educated
97%
High-School Grad
25.5 sq mi
ZIP Area
302
Density / Sq Mi
$131,125
Median Household Income
$52,551
Median Earnings
$1,794
Median Rent
$585,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • Mulligan's Bar & Restaurant — 203 Squankum Rd, Farmingdale, NJ 07727

Frequently Asked Questions

What type of property is this?
Bar & Pub - A 1.44-acre site includes a restaurant and bar building with on-site lot and off-street parking.
Where is this bar & pub located?
The property is located at Squankum Road Farmingdale, NJ.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 4,525‑square‑foot restaurant and bar building; 1.44‑acre property; Wood flooring, baseboard heat, and central air conditioning
More about this property
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