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    45 Franklin St, Unit Bloomfield Twp. Bloomfield, NJ 07003

    For Sale
    $1,750,000

    Licensed bar with retail space and kitchen infrastructure for sale.

    Property size:
    2,450 SF
    Lot size:
    0.10 Acres

    Property Features for 45 Franklin St

    General Information

    Standard status
    Active
    Size
    2,450 SF
    Lot size
    0.10 Acres

    Building Details

    Year built
    1936

    Source: RE/MAX INSTYLE Agent ANTONIO DECICCO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bar and Retail Space Opportunity

    This property presents a unique opportunity, combining a fully licensed bar, retail space, and the infrastructure for a working kitchen. The location includes a Broad Class C liquor license, providing flexibility to serve food and alcohol onsite and creating a destination for entertainment and community gatherings. This license opens the door to a range of concepts, from a neighborhood tavern and sports bar to a live music venue or gastropub. Currently configured as a bar with an adjacent store, the space encourages multiple revenue streams. The retail component can be repositioned for carry-out sales, specialty food offerings, or packaged beverage sales, creating a synergy between the front-of-house and tavern operations. This combination allows capturing customers looking for a social experience, as well as those seeking convenience and quick purchases. The property size is 2450 square feet. Core's is in its third generation of operation and ownership, built and owned by one family since 1936. This property is located in Bloomfield Twp., NJ.
    Location Intelligence

    Current Use by Public Records

    Core’s Tavern Bar

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Similar Places Nearby

    Wine bar, Tacos, Titillations Go-Go Bar, Mook Block, Abuelo's Steakhouse

    Location Insight

    • Map
    • Local Demand
    City
    Bloomfield
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1841478
    Latitude
    40.7847149

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    FAQs

    What type of property is this?
    Bar - Licensed bar with retail space and kitchen infrastructure for sale.
    Where is this bar located?
    The property is located at 45 Franklin St, Unit Bloomfield Twp. Bloomfield, NJ.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - Rare broad class C liquor license enabling diverse revenue streams.; - Multiple revenue streams combining a fully licensed bar and retail space.; - Infrastructure for a working kitchen ready for expanded food service concepts.
    (609) 303-3456
    Request Owner's contact information
    45 Franklin St, Unit Bloomfield Twp. Bloomfield, NJ 07003
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    Bloomfield, NJ 07003
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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
    45 Franklin St, Unit Bloomfield Twp. Bloomfield, NJ 07003
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