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Restaurant With Full Kitchen
For Sale
$1,200,000

476 Somerset St, North Plainfield, NJ 07060

Restaurant property includes a kitchen, basement, office, and building-wide air conditioning.

Property SizeContact for details
Days on Market9

Property Features for 476 Somerset St

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Seating Capacity 40

Taxes and HOA fees

Annual Taxes $15,900

Building Details

Year Built 1920
Units 3
Listing Agency: eXp Realty, LLC
Listed By: CARLOS A HERNANDEZ
Source: Elliman
Added: Aug 14 Changed: Aug 21 Last Checked: Aug 21 at 1:23PM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

This restaurant property includes seating for 40, a kitchen, basement storage or support space, and an office. Air conditioning serves the entire building, while separate utilities support the property’s building systems. On-site parking is also provided.

The property is located at 476 Somerset St in North Plainfield, New Jersey. Built in 1920, it has a Walk Score of 44, a Bike Score of 46, and a Transit Score of 37, reflecting car-oriented access with some transit and bicycle connectivity.

Key Highlights

  • 40‑seat restaurant with kitchen, basement, and office
  • Air conditioning throughout the building
  • Separate utilities

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Locksmith Nursing Home (Bike/Boat/Book/etc) Store Fish Market Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,155
Businesses Nearby
71k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 95% Dining 4% Electronics 1%
Wawa Shops & Services
42,780 visits/mo 0.5 miles
Phillips 66 Shops & Services
7,369 visits/mo 0.4 miles
Capital One Bank Shops & Services
6,780 visits/mo 0.4 miles
BP Shops & Services
6,076 visits/mo 0.4 miles
Playa Bowls Dining
2,750 visits/mo 0.5 miles

Demographics for 07060, NJ

48,423
Population
16,154
Households
3
Avg Household Size
35
Median Age
22%
College-Educated
74%
High-School Grad
5.0 sq mi
ZIP Area
9,685
Density / Sq Mi
$72,882
Median Household Income
$32,867
Median Earnings
$1,629
Median Rent
$369,400
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property includes a kitchen, basement, office, and building-wide air conditioning.
Where is this conventional restaurant located?
The property is located at 476 Somerset St North Plainfield, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 40‑seat restaurant with kitchen, basement, and office; Air conditioning throughout the building; Separate utilities
More about this property
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