CCertihomes
146 Applegarth Road, Monroe, NJ 08831

$3,000,000

0 beds 0 baths 7,246 sqft Built 19960 days on marketActive

About this home

Incredible restaurant and banquet opportunity in desirable Monroe Township! This expansive 7, 246 sq ft commercial space sits on 3.87 acres of prime land, offering exceptional potential for a variety of uses. The property includes a 6-bedroom apartment on the upper level, featuring 2 private baths, perfect for owner-use or rental income. With approximately 250 parking spaces and seating capacity for 225 guests, this property is ideal for a full-service restaurant, banquet hall, event venue, or expansion of an existing business. A rare opportunity with endless possibilities!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$19,059/mo

Real estate (PITI + HOA + PMI)
$19,614
Principal + interest$13,606
Property tax + insurance$4,883
PMI / 2nd mortgage$1,125
Utilities
$678
Heating + cooling$177
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$127
Car insurance + maintenance$127
Other (entertainment)
$158
$19,059/mo TLC
Budget$19,559/mo
Remaining after TLC$500/mo
Purchase price
$3,000,000
Down payment
$150,000 (5%)
Loan amount
$2,850,000
APR
4%

Quick facts

Type
Commercial
Style
Year built
1996
Lot size
3.87 ac
Stories
2
Heating
See Remarks
Cooling
Central Air
Water
Public
HOA
Annual tax
$22,882
MLS #
2607823R
County
Middlesex

At a glance

Air conditioning

Home features

Parking
On Site
Flooring
See Remarks
Roof
See Remarks
Sewer
Septic Tank

Lot features

Commercial Area, Corner Lot

Neighborhood — 08831

MetricThis ZIPCountyUSA
Population41,3788,832,837299,088,112
Population Change Since199039.00%14.00%20.00%
Population Density8471,137
Male19,4314,307,827147,432,321
Female21,9474,525,010151,655,844
Never Married5,5571,965,81163,775,926
Married21,6803,647,435123,120,365
Separated1,293391,23912,639,686
Widowed4,503515,17215,467,586
Divorced1,925529,39323,075,029
Number Of House Hold17,4823,167,345111,826,380
Average House Hold Size2.302.732.60
Medial Age47.0837.1535.46
Median House Hold Income$66,482$63,392$48,276
Average House Hold Income$85,196$83,312$63,629
P C I$36,960$30,662$24,529
M D I$54,931$52,505$41,133
A T H E$62,833$61,369$50,898
S T R7.00%7.00%
W C J76.25%81.02%77.74%
(Zip) Code
8831

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 11/24/2025. Provided courtesy of KELLER WILLIAMS WEST MONMOUTH via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.