168 Main StManasquan, NJ 08736

  • Other commercial real estate
  • 11,100 SF
For Sale
$250,000 View listing

Property Details for 168 Main St

Year built
1923
Construction
BRICK
Lot size
0.23 AC
Property size (Sq ft)
11,100 SF
Zone code
B-1
Property type
Other commercial real estate
APN
29 00062-0000-00007- 01
APU
290006200000000701

Description

This thriving Manasquan restaurant presents a fantastic investment opportunity. Located at 168 Main St, Manasquan, NJ 08736, this 2,500 square foot establishment boasts a prime location in Monmouth County. The business includes the lease, fixtures, furniture, and equipment, offering a truly turnkey operation. The restaurant features approximately 1,000 square feet on the main level dedicated to dining and kitchen space, supplemented by an additional 1,500 square feet of lower-level storage and prep area. The kitchen underwent a complete remodel in 2012 and is equipped with all necessary commercial appliances, included in the sale. The property benefits from a convenient parking lot located behind the building, with designated parking specifically for the owner/manager. The current lease has approximately five years remaining. Detailed financial information is available upon request, providing potential buyers with a comprehensive understanding of the business's performance and profitability. This is a rare chance to acquire an established, successful restaurant in a desirable New Jersey location. Don't miss this chance to own a piece of Manasquan's vibrant culinary scene.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,348,579
    Hospitality
    $2,151,286
    Educational
    $1,789,845
    Medical
    $1,851,400
    Retail
    $2,784,203
168 Main St, Manasquan, New Jersey
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Location Insight

City
Manasquan
County
Monmouth
State
New Jersey
Latitude
40.1223
Longitude
-74.0486
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,819
$372,000
$611,000
$983,000
-
$372,000
$611,000
$983,000

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