Conventional Restaurant

Morristown, NJ Conventional Restaurants for Sale

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Restaurant Space with Full Basement
Updated: Aug 23
Restaurant Space with Full Basement

44 Speedwell Ave, Morristown, NJ 07960

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2,465 sqft
Restaurant layout includes kitchen, takeout area, service counter, and large dining room
2 ADA bathrooms
Full basement for expansion or catering operations
Walk‑in box located on the main level
Existing chase to the roof supports potential hood installation; currently no hood
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Morristown, 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.

Fully Equipped Restaurant with Liquor License
Fully Equipped Restaurant with Liquor License

62 E Mc Farlan St, Dover, NJ 07801

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2,376 sqft

For sale restaurant includes a Type 33 liquor license, along with fixtures, furniture, and equipment.

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Restaurant and House For Sale
Restaurant and House For Sale

1012 Tabor Road, Morris Plains, NJ 07950

Contact for pricing
2,600 sqft

Includes a +/-1,800 SF restaurant and a +/-800 SF house with a 2-car garage.

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Fully Equipped Restaurant with Liquor License
Fully Equipped Restaurant with Liquor License

64 East McFarlan Street, Dover, NJ 07801

Contact for pricing
2,376 sqft

For sale includes a Type 33 liquor license and the restaurant’s fixtures, furniture, and equipment.

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Turn-Key Restaurant in Downtown
Turn-Key Restaurant in Downtown

650 SPEEDWELL AVE, Morris Plains, NJ 07950

$998,000

Korean BBQ restaurant for sale in Morris Plains.

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Morristown, NJ Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Morristown, NJ on our real estate platform. These investment opportunities span a total of 2,465 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3
Commercial kitchens 1

Demographics Overview

Population 47K
Population Growth (5Y) +2.8%
Median Household Income $149,462
College Educated 65.1%

Taxes & Financing

Tax Rate (average for all types) 2.17%
Property Tax per SF $13.37 per SF
Tax Rate vs County Average 0.35 pp below 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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