Restaurant with Second-Floor
New
For Sale
$1,150,000
452 North Ave, Elizabeth, NJ 07208
The sale includes restaurant equipment, inventory, licenses, recipes, and an established client list.
Property Size999 SF
Days on Market2
Property Features for 452 North Ave
General Information
Standard status
Active
Size
999 SF
Total Parking Spaces
8
Property subtype
Commercial
Additional Details
Business Included
Yes
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$14,123
Building Details
Building Size
999 SF
Year Built
1910
Buildings
1
Stories
2
Units
2
Listing Agency:
THE REAL ESTATE COMPANY
Listed By:
MIGUEL CABRERA
(908) 233-9292
Source:
Elliman
Added: Sep 24
Last Checked: Sep 24 at 2:26PM
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 THE REAL ESTATE COMPANY
Investment Insights
Based on property information with market context.
The restaurant sale includes the real estate, equipment, inventory, licenses, recipes, and client list. The business has operated for more than 50 years, with staff and training available as part of the transition. An installed pizza oven is also on site, and current operating hours are 10AM to 4PM.
The second floor contains three bedrooms, a living room, dining room, and kitchen, and will be vacant at closing. The basement has an exterior entrance and storage space. Eight tandem parking spaces serve the property. Built in 1910, the business received Elizabeth's Best of 2024 recognition from NJ.com.
The second floor contains three bedrooms, a living room, dining room, and kitchen, and will be vacant at closing. The basement has an exterior entrance and storage space. Eight tandem parking spaces serve the property. Built in 1910, the business received Elizabeth's Best of 2024 recognition from NJ.com.
Key Highlights
- Restaurant business and real estate are included in the sale
- Operating history exceeds 50 years; staff and training are available
- Installed pizza oven; current hours are 10AM to 4PM
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,219
Businesses Nearby
91k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 45%
Shops & Services 36%
Dining 19%
Food Bazaar Supermarket
Groceries
41,340 visits/mo
0.4 miles
TD Bank
Shops & Services
12,553 visits/mo
0.4 miles
7-Eleven
Shops & Services
9,345 visits/mo
0.3 miles
White Castle
Dining
7,964 visits/mo
0.5 miles
Exxon
Shops & Services
7,633 visits/mo
0.5 miles
Demographics for 07208, NJ
33,561
Population
12,958
Households
2.6
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
1.8 sq mi
ZIP Area
18,645
Density / Sq Mi
$61,873
Median Household Income
$36,373
Median Earnings
$1,364
Median Rent
$425,600
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The sale includes restaurant equipment, inventory, licenses, recipes, and an established client list.
Where is this conventional restaurant located?
The property is located at 452 North Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Restaurant business and real estate are included in the sale; Operating history exceeds 50 years; staff and training are available; Installed pizza oven; current hours are 10AM to 4PM
