386 E Westfield Ave, Roselle Park, NJ 07204
Turnkey restaurant and bar operation with a 70-seat capacity, fully equipped kitchen, and included on-site apartment and parking.
- Added:
- Jun 8, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 11 at 2:39 am
Property Features for 386 E Westfield Ave
General Information
- Standard status
- Active
- Size
- 3,750 SF
- Property subtype
- RETAIL
Listing agent Alan Rasmussen
Listing office Coldwell Banker Commercial NRT (888) 829-0221
Listing date Jun 8, 2026
Source Moodyscre
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 Coldwell Banker Commercial NRT
HighLights
- 3,750 sq. ft. restaurant/bar with a 70‑seat capacity bar
- Fully equipped kitchen and dining room with hand‑painted wall murals
- Two restaurant bathrooms and two apartment bathrooms
- Includes a spacious 3‑bedroom apartment
- Class C retailers liquor license included
- Newer rooftop HVAC plus a 7‑car parking lot
Overview
The building is located on Westfield Avenue in Roselle Park, NJ, and is described as being on a busy avenue. In addition to the interior improvements, it includes a 7-car parking lot to support customer and staff parking.
This configuration is well suited for an owner-operator or buyer seeking a turnkey restaurant/bar with an income-supporting residential component on-site. The inclusion of a Class C retailers liquor license may support alcohol service operations, subject to applicable requirements. With a complete setup for day-to-day operations, the property is designed for immediate restaurant and bar use, while the apartment provides additional flexibility for an operator or household needs.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.0k | $21.60 |
| − Vacancy | −$4.5k | −$1.21 |
| EGI | $76.5k | $20.39 |
| − OpEx | −$19.1k | −$5.10 |
| NOI | $57.3k | $15.29 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Lucky Bodega — 207 Chestnut St, Roselle, NJ 07203
- Woulibam Roselle NJ — 524 E 2nd Ave, Roselle, NJ 07203
- Warinanco Lake Snack Bar — Roselle, NJ 07203
- 107 westfield avenue eats — 145 Acme St, Elizabeth, NJ 07202
- Dowling's Irish Pub & Restaurant — 117 Chestnut St, Roselle Park, NJ 07204
Location Insight
- Map
- Local Demand
- City
- Roselle Park
- County
- Union
- State
- New Jersey
- Longitude
- -74.2506527
- Latitude
- 40.6632519
