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    Morris Plains, NJ
    Conventional Restaurant

    Morris Plains, NJ Conventional Restaurants for Sale

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    Turn-Key Restaurant in Downtown
    Updated: Oct 23, 2025
    Turn-Key Restaurant in Downtown

    650 SPEEDWELL AVE, Morris Plains, NJ 07950

    $998,000
    Turn‑key Korean BBQ restaurant with full smokeless grill table system.
    Prime downtown location across from Morris Plains Train Station with high traffic.
    Freestanding 2‑story brick building with modern interior.
    Includes a 70‑seat dining area and a 55‑seat private party room, plus a full basement with commercial kitchen.
    55 on‑site parking spaces plus municipal lot.
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    Turn-Key Korean BBQ Restaurant
    Updated: Oct 23, 2025
    Turn-Key Korean BBQ Restaurant

    650 Speedwell, Morris Plains, NJ 07950

    $895,000
    Turn‑key Korean BBQ restaurant with full smokeless grill table system included.
    Prime downtown location across from Morris Plains Train Station with high traffic.
    Freestanding 2‑story brick building with modern interior.
    55 on‑site parking spaces plus municipal lot.
    Fully equipped commercial kitchen in basement with hood system, gas line, walk‑in box, and elevator access.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Morris Plains, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Five-Unit with Restaurant
    Mixed-Use Five-Unit with Restaurant

    381 BLOOMFIELD AVE Unit 381, Montclair, NJ 07042

    $1,999,999
    5,500 sqft

    Five-unit property combines a leased ground-floor restaurant with four apartments, offering stable income and flexible residential leasing.

    View details
    Retail and Office Space Suite
    Retail and Office Space Suite

    440 BLOOMFIELD AVE, Montclair, NJ 07042

    Contact for pricing
    850 sqft

    Approximately 850-square-foot commercial suite in the Montclair business district suited for retail or office use.

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    Turnkey Pizzeria Business For Sale
    Turnkey Pizzeria Business For Sale

    295 Bloomfield, Caldwell, NJ 07006

    $150,000

    Established pizzeria business for sale in prime Caldwell location.

    View details
    Turnkey Pizzeria Business For Sale
    Turnkey Pizzeria Business For Sale

    295 Bloomfield, Caldwell, NJ 07006

    $175,000

    Established pizzeria business for sale in a prime Caldwell location.

    View details

    Morris Plains, NJ Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Morris Plains, NJ on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,893,000.

    Sale prices for conventional restaurants in Morris Plains, NJ start at $895,000, averaging $946,500, and reaching up to $998,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2

    Demographics Overview

    Population 22K
    Population Growth (5Y) +12.7%
    Median Household Income $148,469
    College Educated 96.6%

    High-Yield Neighborhoods for Investment

    Identify Morris Plains submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07950 $946.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.77%
    Property Tax per SF $29.75 per SF
    Tax Rate vs County Average 0.25 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morris County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Morris Plains, NJ

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