292 Passaic Ave, Fairfield Twp, NJ 07004

Building Details

Year Built 1997 More

Listing Agency: BHHS FOX & ROACH

Listed By: ROMAN DRUKAROV · License #298368 Show Phone

Source: Luminancerealty

Added: Aug 26 Changed: Nov 6 Last Checked: Sep 5 at 10:53AM

Report an Issue

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 BHHS FOX & ROACH

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This restaurant property includes a 130-seat dining operation, full sports bar, liquor license, and 68 parking spaces on 1.4 acres. The offering combines the real estate with the established restaurant operation and related furnishings and improvements described for the business.

The property is located at 292 Passaic Ave in Fairfield, down the street from Essex County Airport and Rt 46. The surrounding area includes professional buildings and residential residences. Two neighboring single-family homes may be acquired separately for an assemblage involving Block 2801, Lots 3 and 4. Those parcels total .82 acres and are described as a 0.91-acre additional site zoned C-1 Commercial.

Key Highlights

• 130‑seat restaurant with full sports bar
• Real estate, restaurant operation, and liquor license included
• 1.4‑acre property with 68 parking spots

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Auto Parts Store Daycare Center Tanning Salon Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Yes

Liquor license

Location Intelligence

Trade Area within ½ mile

711

Businesses Nearby

363

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 100%

LL Flooring Home Improvements & Furnishings

363 visits/mo 0.5 miles

Demographics for 07004, NJ

7,872

Population

3,054

Households

2.6

Avg Household Size

44

Median Age

51%

College-Educated

97%

High-School Grad

10.1 sq mi

ZIP Area

779

Density / Sq Mi

$113,750

Median Household Income

$73,322

Median Earnings

$2,576

Median Rent

$651,800

Median Home Value

Market

Average Price Trend$/SF for Conventional restaurants in Essex County, NJ

$246 Jul

$210 Aug

$241 Sep

$245 Oct

Properties on Market for Conventional restaurants in Essex County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Operating restaurant property includes a full sports bar, liquor license, dining facilities, and on-site parking.

Where is this conventional restaurant located?

The property is located at 292 Passaic Ave Fairfield Twp, NJ.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: 130‑seat restaurant with full sports bar; Real estate, restaurant operation, and liquor license included; 1.4‑acre property with 68 parking spots