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For Sale
$189,000

649 Elizabeth Ave, Elizabeth, NJ 07206

Operational restaurant with strong financials and growth potential in New Jersey.

Property Size1,300 SF
Price / SF$145.38
Days on Market146

Property Features for 649 Elizabeth Ave

General Information

Standard status Active
Property type Conventional restaurants, Restaurants, Commercial real estate
Size 1,300 SF
Listing Agency:
Listed By: Jazmine
Added: Mar 29 Changed: Jun 23

Property Analytics

Current Use

Bar Bar & Pub 45 Sur Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Daycare Center Garden Center

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

1,817
Businesses Nearby
79k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Dining 36% Electronics 5% Home Improvements & Furnishings 4%
Dunkin' Donuts Dining
16,200 visits/mo 0.3 miles
Dollar General Shops & Services
13,663 visits/mo 0.5 miles
7-Eleven Shops & Services
10,955 visits/mo 0.5 miles
Popeyes Louisiana Kitchen Dining
10,863 visits/mo 0.5 miles
Santander Bank Shops & Services
9,071 visits/mo 0.1 miles

Demographics for 07206, NJ

30,982
Population
9,712
Households
3.2
Avg Household Size
31
Median Age
8%
College-Educated
64%
High-School Grad
1.8 sq mi
ZIP Area
17,212
Density / Sq Mi
$60,992
Median Household Income
$38,541
Median Earnings
$1,543
Median Rent
$339,200
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operational restaurant with strong financials and growth potential in New Jersey.
Where is this conventional restaurant located?
The property is located at 649 Elizabeth Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $189,000.
More about this property
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