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Restaurant with Dine-In Seating

713 Rahway Ave, Elizabeth, NJ 07202

For Sale
$230,000

The dining area accommodates more than 120 seated customers.

Property Size3,000 SF
Price / SF$76.67
Days on Market9

Property Features for 713 Rahway Ave

General Information

Standard status Active
Size 3,000 SF
Property subtype Business Opportunity

Additional Details

Road Access Yes
Equipment Included Yes
Listing Agency: SIGNATURE REALTY NJ
Listed By: PABLO A. BOCCARDO
Source: Goldstandardrealty
Added: Nov 1 Changed: Nov 7 Last Checked: Nov 6 at 3:29PM

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 SIGNATURE REALTY NJ

Rey
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Investment Insights

Based on property information with market context.

This restaurant property at 713 Rahway Ave includes interior furnishings and equipment, with seating for more than 120 customers. The address is in Elizabeth, New Jersey.

Key Highlights

  • Dining capacity exceeds 120 customers
  • Interior furnishings and equipment are included
  • Located at 713 Rahway Ave in Elizabeth, New Jersey

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

La Estancia Parrillada ... Restaurant Del Patio Restaurant Restaurant Café Con Leche Restaurant

Suggested Use

Top Pick HVAC Service Acupuncture Nursing Home Locksmith Tanning Salon Daycare 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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,488
Businesses Nearby
117k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 44% Dining 32% Groceries 21% Apparel 3%
Seabra's Market Groceries
24,321 visits/mo 0.4 miles
Wendy's Dining
17,332 visits/mo 0.2 miles
7-Eleven Shops & Services
13,988 visits/mo 0.5 miles
Wells Fargo Shops & Services
11,807 visits/mo 0.4 miles
Dunkin' Donuts Dining
9,246 visits/mo 0.4 miles

Demographics for 07202, NJ

43,389
Population
15,866
Households
2.7
Avg Household Size
36
Median Age
13%
College-Educated
76%
High-School Grad
2.3 sq mi
ZIP Area
18,865
Density / Sq Mi
$68,071
Median Household Income
$40,505
Median Earnings
$1,508
Median Rent
$358,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Conventional restaurants in Union County, NJ

$380 Jul
$352 Aug
$303 Sep
$335 Oct

Properties on Market for Conventional restaurants in Union County

Jul
Aug
Sep
Oct

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?
Conventional restaurant - The dining area accommodates more than 120 seated customers.
Where is this conventional restaurant located?
The property is located at 713 Rahway Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Dining capacity exceeds 120 customers; Interior furnishings and equipment are included; Located at 713 Rahway Ave in Elizabeth, New Jersey
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