Established Tavern with Residential
45 Freeman Street West Orange, NJ 07052
45 Freeman Street, West Orange, NJ, 07052
$899,999
For Sale
$899,999
Well-established tavern with liquor license, kitchen, and residential apartment.
Lot Size0.06 Acres
Days on Market195
Property Features for 45 Freeman Street
General Information
- Standard status
- Active
- Lot size
- 0.06 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1951
Listing Agency
ARTHUR RUE AGENCY
(732) 793-0473
Listed by
ANTHONY CONSELICE · License #7937355
Source
Corcoran
Added: Jan 7 Updated: Jul 10 at 3:46 pm Checked: Jul 20 at 3:41 am
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 ARTHUR RUE AGENCY
Investment Insights
Based on property information with market context.
This well-established tavern, complete with a package good liquor license, kitchen, and real estate including a large residential apartment, is now available. The tavern has been a neighborhood destination in the West Orange Valley community for over four decades, known for its welcoming atmosphere. This turnkey operation offers immediate cash flow and long-term asset appreciation. The property is situated in the Valley Arts District, a vibrant area known for its walkability and proximity to local amenities, and located just two blocks from the New York Mid-town Direct Train. Over 250 new apartments are located nearby, with additional new residential units planned. This location presents an opportunity for an experienced operator to increase business. The sale includes prime real estate ownership, an active NJ liquor license for bar and package goods, a fully equipped kitchen, a complete bar setup, and furniture, fixtures, and equipment. The facilities include a bar, backyard, and residential apartment. The location is in West Orange, New Jersey.
Key Highlights
- Prime real estate ownership included with the sale, representing a valuable and appreciating asset
- Active NJ liquor license (bar and package goods) included, a significant and valuable barrier to entry
- Turnkey operation with immediate cash flow potential and a proven track record of over 40 years
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar For Sale Nearby
Similar Off Market Nearby
- Scotland Arms Liquors — 711 Scotland Rd, City of Orange, NJ 07050
- Last Call Mixology — 406 Tompkins St, City of Orange, NJ 07050
- APT 15 — 491 Valley St, City of Orange, NJ 07050
- Hat City Kitchen — 459 Valley St, City of Orange, NJ 07050
- South Valley BBQ and Lounge — 34 S Valley Rd, West Orange, NJ 07052
FAQs
What type of property is this?
Bar & Pub - Well-established tavern with liquor license, kitchen, and residential apartment.
Where is this bar & pub located?
The property is located at 45 Freeman Street West Orange, NJ.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Prime real estate ownership included with the sale, representing a valuable and appreciating asset; Active NJ liquor license (bar and package goods) included, a significant and valuable barrier to entry; Turnkey operation with immediate cash flow potential and a proven track record of over 40 years
