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$2,625,000
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Property Description
2658 Highway 516 Old Bridge, NJ is the address for your new restaurant-bar-property venture. This fully operational 6,100 sq. ft. restaurant facility sits on just under 2 acres of land and benefits from high visibility and tremendous traffic counts of approximately 30,000 vehicles daily. Fully renovated in 2017, this facility offers seating for 180 guests indoors, an additional 120 guests on the charming paver outdoor patio with fire pit, and a private event space that accommodates up to 50 guests. The expansive bar area has seating for around 20. Upgrades include a newly installed 24-tap draft beer system with a glycol machine and dedicated walk-in draft beer box. The kitchen boasts rubberized flooring, and the roof is approximately 9 years old. The restaurant also features a new 45-ton HVAC system and a fully integrated A/V system. The back-of-house area includes a state-of-the-art kitchen with a full walk-in refrigerator and a dedicated walk-in freezer. The sale includes a "33" liquor license, all furniture, fixtures, and equipment (FF&E). Perfectly positioned between Route 18 and Route 9 makes this a potential location winner. Restaurateurs, this restaurant-real estate package is a rare opportunity that's worth a deeper look. Inquire within.
Full Property Details
Full Property Details for 2658 Route 516
General
- Sold For: $2,625,000
- Status: Closed
- Type: Commercial
- Source: Liberty_Board_Hudson_County_Hudson_MLS
- MLS ID: 250003307
- Added to Site: 363 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Half Bathrooms: 4
Location
- Area: OLD BRIDGE
- County: Middlesex
- Location Details: Cottrell Rd & Matawan Rd
Heating & Cooling
- Heating Fuel: Gas
Lot Features
- Lot Size: 1.93AC
- Lot Dimensions: 1.93AC
- Lot Description: 14
Financial Considerations
- For Sale/Rent/Lease: For Sale
Disclosures and Reports
- Lead Paint Discl.: Yes
- Block: 9000
Liberty Realty Llc (201) 222-2900
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Schools
Schools serving 2658 Route 516
School District:Old Bridge Township School District
| Name | Grades | Distance |
|---|---|---|
Old Bridge High School 4209 County Road 516, Matawan, NJ 07747 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2658 Route 516
Date
Details
Price
Change
Source
9/26/2025
Sold
$2,625,000
-9.48%
MLS
2/20/2025
Listed
$2,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2658 Route 516, Old Bridge Township, NJ 08857 (MLS# 250003307) is a Commercial property that was sold at $2,625,000 on September 26, 2025. Want to learn more about 2658 Route 516? Do you have questions about finding other Commercial real estate for sale in Old Bridge Township? You can browse all Old Bridge Township real estate or contact a Coldwell Banker agent to request more information.

