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    292 Passaic Ave Fairfield, NJ 07004

    For Sale
    $2,650,000

    Business - Fairfield Twp., NJ

    Type:Business
    Property size:
    3,722 SF
    Lot size:
    1.40 Acres
    Days on Market:
    43
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 292 Passaic Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Parking
    68
    Size
    3,722 SF
    Lot size
    1.40 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1997
    Number of units
    1
    Flooring type
    Tile
    Roof type
    See Remarks
    Architectural style
    Other

    Berkshire Hathaway HomeServices Fox & Roach, Realtors [email protected]

    Listing agent Roman Drukarov (973) 992-6363

    Listing date Oct 24, 2025

    MLS# 3930890 Listing URL

    Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant with Liquor License

    A turnkey restaurant with a full sports bar is available for purchase. The property includes a liquor license and has a seating capacity of 130. Situated on 1.4 acres of land, the site provides 68 parking spots. The building has 3722 square feet of space. There is an opportunity to purchase two single-family homes located next door to assemble additional land. The adjacent properties include block 2801, Lot 3, which is 0.34 acres, and block 2801, lot 4, which is 0.48 acres, adding an additional 0.91 acres. The property is zoned C-1 Commercial. It is located near professional buildings, residential residences, Essex County Airport, and Rt 46 in Fairfield Twp., New Jersey.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tavern 292 American Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Auto Repair Shop Wholesale Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Essex
    State
    New Jersey
    Longitude
    -74.27116
    Latitude
    40.88208

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    FAQs

    What type of property is this?
    Restaurant - Successful 130-seat restaurant with property and liquor license for sale.
    Where is this restaurant located?
    The property is located at 292 Passaic Ave Fairfield, NJ.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: - Successful turnkey restaurant with 130 seats, property, and liquor license included.; - Located on 1.4 acres with 68 parking spots.; - Includes a full sports bar.
    (973) 992-6363
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    292 Passaic Ave Fairfield, NJ 07004
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