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    535 Central Ave New Providence, NJ 07974

    For Sale
    $450,000

    Business - New Providence Boro, NJ

    Property size:
    2,880 SF
    Days on Market:
    24
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 535 Central Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMM
    Rooms
    Basement
    Parking features
    Parking Lot
    Basement Y/N
    1
    Size
    2,880 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

    Werner Realty (973) 657-9222 [email protected]

    Listing agent JAMES BACZEWSKI (973) 657-9222

    Listing date Nov 13, 2025

    MLS# 3991185 Listing URL

    Copyright © 2025 Garden State MLS, LLC. 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 Bar, Patio

    This well-maintained and recently updated restaurant is move-in ready and features excellent highway visibility and easy access. The property includes 18 bar seats, 85 indoor dining seats, and a new patio with 50 outdoor seats. A spacious banquet room can accommodate up to 120 guests. The 2,880 square-foot property is attached to a hotel, making it suitable for capturing both local and traveler traffic. The property is located in New Providence Boro, Union County, New Jersey and is zoned COMM. This turnkey restaurant with bar, patio and banquet room offers potential for growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

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

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

    Similar Places Nearby

    Beyond Delicious Catering LLC

    Location Insight

    • Map
    • Local Demand
    City
    New Providence
    County
    Union
    State
    New Jersey
    Longitude
    -74.40341
    Latitude
    40.69886

    Nearby Similar for Sale

    • $1,345,000
      0.78 Acres

      Renovated Multi-Family Home, Prime Location

      Two-family home in New Providence Boro, renovated in 2025.
      282 South St, New Providence, NJ 07974
      View Details
    • $590,000

      Turnkey Restaurant & Bar Opportunity

      Fully equipped restaurant and bar connected to 80-suite hotel.
      535 Central Ave, New Providence, NJ 07974
      View Details
    • $999,000

      Renovated Two-Family Home

      Two-family home renovated in 2025 with modern design.
      20 High St, New Providence, NJ 07974
      View Details

    FAQs

    What type of property is this?
    Restaurant - Updated restaurant with bar, patio, and banquet room connected to hotel.
    Where is this restaurant located?
    The property is located at 535 Central Ave New Providence, NJ.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Attached to a hotel, providing access to hotel guest traffic.; - Turnkey and recently updated, offering a move-in ready restaurant space.; - High visibility and easy access from the highway.
    (973) 657-9222
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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
    535 Central Ave New Providence, NJ 07974
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