Turn-Key Restaurant and
For Sale
$1,200,000
105 LINDEN RD, Roselle, NJ 07203
Turn-key restaurant and bar with full liquor license and 170-seat dining capacity.
Property Size3,400 SF
Price / SF$352.94
Days on Market416
Property Features for 105 LINDEN RD
General Information
Standard status
Active
Size
3,400 SF
Property subtype
General Commercial
Additional Details
Business Included
Yes
Liquor License
Yes
Taxes and HOA fees
Annual Taxes
$39,475
Amenities
Central Air, A/C - Zone
3
Flat
Commercial
Parking. Corner Lot.
12 Parking Spaces. Assigned Parking Space.
6370SF
Machinery, Freestanding. Central Business District, Corner.
Building Details
Year Built
1980
Listing Agency:
LEGACY REALTY GROUP
(732) 744-0400
Listed By:
JOANNA A ANDRADE · License #L1109785
Source:
Xome
Added: Jul 19, 2025
Changed: Sep 1
Last Checked: Sep 7 at 4:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LEGACY REALTY GROUP
Investment Insights
Based on property information with market context.
This turn-key restaurant and bar includes a full liquor license and is configured with a spacious dining room plus a bar. The concept supports private events and celebrations, and the dining capacity is listed at 170 seats.
The property is located at 105 Linden Rd Unit 0 in Roselle, NJ, and the operation is described as open 7 days a week.
Offered in a ready-to-operate condition, this restaurant and bar setup is presented as suitable for continued operation under the existing format.
The property is located at 105 Linden Rd Unit 0 in Roselle, NJ, and the operation is described as open 7 days a week.
Offered in a ready-to-operate condition, this restaurant and bar setup is presented as suitable for continued operation under the existing format.
Key Highlights
- Zoned commercial; corner lot in the Central Business District with 12 parking spaces
- Turn‑key restaurant and bar with full liquor license
- 170‑seat dining capacity with a spacious dining room and bar
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,996
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,039,920
$1.0M
Cap Rate 7%
$742,800
$742.8K
Cap Rate 9%
$577,733
$577.7K
Market Conditions
NOI Build-Up for 3,400 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$73.4K $21.60/SF
− Vacancy
−$4.1K −$1.21/SF
EGI
$69.3K $20.39/SF
− OpEx
−$17.3K −$5.10/SF
NOI
$52.0K $15.29/SF
Area
Union County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,039,920
Cap Rate 7%
$742,800
Cap Rate 9%
$577,733
Alternative Uses
Best Use
Specialty Retail
$742.8K
$650.0K – $866.6K
NOI $51,996 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$887.8K
$776.8K – $1.04M
NOI $62,147 @ 7.0% cap · market cap 5.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
703
Businesses Nearby
90k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Home Improvements & Furnishings 33%
Electronics 5%
Dining 2%
The Home Depot
Home Improvements & Furnishings
29,814 visits/mo
0.4 miles
Dollar Tree
Shops & Services
19,289 visits/mo
0.5 miles
Chase Bank
Shops & Services
10,851 visits/mo
0.2 miles
7-Eleven
Shops & Services
7,464 visits/mo
0.1 miles
AutoZone
Shops & Services
6,026 visits/mo
0.5 miles
Demographics for 07203, NJ
22,715
Population
8,430
Households
2.7
Avg Household Size
39
Median Age
26%
College-Educated
85%
High-School Grad
2.6 sq mi
ZIP Area
8,737
Density / Sq Mi
$82,967
Median Household Income
$45,458
Median Earnings
$1,499
Median Rent
$336,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turn-key restaurant and bar with full liquor license and 170-seat dining capacity.
Where is this conventional restaurant located?
The property is located at 105 LINDEN RD Roselle, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Zoned commercial; corner lot in the Central Business District with 12 parking spaces; Turn‑key restaurant and bar with full liquor license; 170‑seat dining capacity with a spacious dining room and bar
