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Property profile & analytics

1104 Highway 36 Hazlet, NJ 07730

  • Commercial real estate
  • 5,610 SF
  • 0.73 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Commercial real estate

Property Details for 1104 Highway 36

Year built
1950
Lot size
0.73 lot acres
Property size
5,610 SF
Property type
Commercial real estate

Description

This exceptional commercial property, located at 1104 Highway 36, Unit 1104, Hazlet, NJ, presents a unique investment opportunity. The 5,610 square foot building currently operates as a fully equipped and operational restaurant, complete with a valuable Hazlet 33 liquor license. The sale includes the building, the liquor license, and the existing business's contents and goodwill, offering a true turnkey operation ready for immediate use. The property boasts a highly desirable location on Route 36, ensuring excellent visibility and accessibility. Ample parking is available for patrons and employees. The 0.73-acre lot provides significant space. The building's zoning allows for a variety of alternative uses, including but not limited to auto dealership, bank, community center, family day care, nursery, health club, hotel, office space, self-storage facility, medical office, or assisted living facility. This flexibility provides considerable future development potential. The seller is open to separating the building sale from the liquor license transfer, offering buyers additional options. This is a rare chance to acquire a profitable business, a valuable liquor license, and prime commercial real estate at an attractive price point. The property's location and versatility make it an ideal investment for both established businesses and new ventures.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Hazlet
County
Monmouth
State
New Jersey
Longitude
-74.1786
Latitude
40.4344
More about this property
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