The Moonstruck Restaurant, situated at 517 Lake Avenue in Asbury Park, New Jersey, has been sold to real estate investors who are engaged in the restaurant industry.
Richard Santore vice president of Bielat Santore & Company, a real estate firm based in Allenhurst, New Jersey has brokered the sale of the restaurant.
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The Moonstruck restaurant is known for its Victorian-style architecture and scenic views.
The new proprietors also operate Beacon 70 Restaurant and Marina at Beacon 70 in Brick, Ocean County.
Celebrating its 30th anniversary in 2025, Moonstruck has been a beloved destination since its inception as the Raspberry Café in 1995, later relocating to its present site in 2002.
Moonstruck’s charm extends from its picturesque location across Wesley Lake to its multi-storey building, complete with multiple bars and dining room.
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By GlobalDataThe first floor offers a lounge for cocktails and appetizers, while the upper floors provide space for dining and private events.
The new owners plan to retain all existing staff and have the original owners assist during the transition period to maintain the high standards of service.
The new owners aims to extend operating hours and open on days when Moonstruck was previously closed.
Earlier this year, Bielat Santore & Company has finalised the sale of Dempster’s Sports Pub & Restaurant in Mount Holly Township, New Jersey.
The 5,000ft2 venue, with 20 TVs, is popular among local sports fans and actively backs community sports leagues. Situated in an Urban Enterprise Zone, the sports bar benefits from its community-oriented location.
