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Mixed-Use Property with Tavern
For Sale
$899,999

45 Freeman Street, West Orange, NJ 07052

The property combines a licensed tavern operation with a residential apartment and backyard.

Property SizeContact for details
Days on Market289

Property Features for 45 Freeman Street

General Information

Standard status Active
Property subtype Commercial
Zoning Commercial, Multi-Family

Additional Details

Business Included Yes
Public Transit Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $11,827

Amenities

Refrigeration
Display Window

Building Details

Year Built 1951
Stories 2
Listing Agency: Arthur Rue Agency
Listed By: Anthony Conselice · License #7937355
Source: Cammarotarealestate
Added: Jan 7 Changed: Oct 22 Last Checked: Oct 22 at 2:21PM

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

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Investment Insights

Based on property information with market context.

At 45 Freeman Street, this mixed-use property combines Dillons Tavern with a residential apartment. The tavern includes a bar, a kitchen, and a backyard; the sale also includes furniture, fixtures, and equipment. An active New Jersey liquor license is part of the offering, while inventory is excluded. The building dates to 1951, and its zoning is listed as Commercial, Multi-Family.

The property is in West Orange’s Valley Arts District, two blocks from the New York Mid-town Direct Train. More than 250 new apartments are described as neighboring the tavern, with additional residential units planned nearby. The tavern has operated for more than four decades and is known as a local gathering place.

Key Highlights

  • Mixed‑use property with a tavern and residential apartment
  • Active New Jersey liquor license included
  • Bar, kitchen, backyard, furniture, fixtures, and equipment included; inventory excluded

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Skin Care Clinic Acupuncture Florist Computer & Electronic Repair

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

1
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,227
Businesses Nearby
70k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 43% Dining 31% Groceries 26%
Bravo Supermarkets Groceries
17,762 visits/mo 0.2 miles
White Castle Dining
15,037 visits/mo 0.3 miles
7-Eleven Shops & Services
10,616 visits/mo 0.2 miles
Family Dollar Shops & Services
8,013 visits/mo 0.5 miles
TD Bank Shops & Services
4,635 visits/mo 0.2 miles

Demographics for 07052, NJ

48,867
Population
18,300
Households
2.7
Avg Household Size
42
Median Age
53%
College-Educated
92%
High-School Grad
12.0 sq mi
ZIP Area
4,072
Density / Sq Mi
$131,456
Median Household Income
$63,458
Median Earnings
$1,791
Median Rent
$527,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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?
Mixed-use property - The property combines a licensed tavern operation with a residential apartment and backyard.
Where is this mixed-use property 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: Mixed‑use property with a tavern and residential apartment; Active New Jersey liquor license included; Bar, kitchen, backyard, furniture, fixtures, and equipment included; inventory excluded
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