238 Route 34
Matawan, NJ 07747
Red Zebra Inn · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Busy Main Road
  • Clean Licenses
  • Abundant Parking

EXECUTIVE SUMMARY

Cabaret and Liquor License Included Liquor License can be purchased separately for 575k.
Turnkey Gentlemen's Club with Full Kitchen Great Cash flow
Additional Vacant Apartment on Site
Close to Retail Trade area of Route 9
Clean Licenses
No Residential Nearby

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
  • Bar
  • General Retail Freestanding
  • General Retail Restaurant
  • General Retail Storefront
Bar
Building Size
4,000 SF
Year Built/Renovated
1975/2020
Price
$2,750,000
Price Per SF
$687.50
Percent Leased
Vacant
Building Height
2 Stories
Building FAR
0.18
Lot Size
0.50 AC
Zoning
OG1
Parking
70 Spaces (17.5 Spaces per 1,000 SF Leased)
Frontage
300’ on Route 34

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
NJ 34 Farrington Rd, E 23,218 2024 0.03 mi
NJ 34 Farrington Rd, W 25,442 2025 0.08 mi
State Rte 34 Bramble Ln, W 20,340 2025 0.10 mi
State Rte 34 Edgar Rd, E 23,712 2025 0.16 mi
Dock Road Washington Ave, NE 1,484 2025 0.32 mi
Steamboat Landing Rd Washington Ave, NE 1,496 2024 0.32 mi
Amboy Rd Van Ethel Dr, SE 4,949 2025 0.40 mi
State Rte 34 Rachele Ct, NW 17,561 2025 0.44 mi
State Rte 34 Morristown Rd, NW 16,925 2018 0.46 mi
Morristown Rd Ellen Heath Dr, W 11,387 2024 0.68 mi

PROPERTY TAXES

Parcel Number 15-10252-25-00038 Improvements Assessment $164,100
Land Assessment $125,300 Total Assessment $289,400

MAP

  • Listing ID: 28804624

  • Date on Market: 9/21/2022

  • Last Updated: 4/15/2025

  • Address: 238 Route 34, Matawan, NJ 07747

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