Renovated Mixed-Use
For Sale
$1,595,000
945 Elizabeth Ave #945, Elizabeth, NJ 07201
Operating restaurant business and three-bedroom apartment combine commercial activity with residential income potential.
Property Size2,534 SF
Days on Market395
Property Features for 945 Elizabeth Ave #945
General Information
Standard status
Active
Size
2,534 SF
Property subtype
Commercial
Zoning
Retail
Financials
Average Monthly Rent
$2,800
Business Included
Yes
Units
Unit Mix
1 x 3BR/1BA
Multifamily Units
1
Additional Details
Furnished
Yes
Road Access
Yes
Equipment Included
Yes
Building Details
Building Size
2,534 SF
Year Built
1900
Year Renovated
2022
Stories
2
Units
2
Listing Agency:
3sixty Realty LLC
(973) 405-7766
Listed By:
Jamille Hernandez · License #3468291
(973) 405-7766
Source:
Betterhomerealestate
Added: Aug 1, 2025
Changed: Aug 29
Last Checked: Aug 29 at 3:06PM
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 3sixty Realty LLC
Investment Insights
Based on property information with market context.
This mixed-use property at 945 Elizabeth Ave includes an operating restaurant and a three-bedroom residential unit. The restaurant was renovated in 2022 and is offered with its equipment, machinery, furniture, fixtures, menu, and goodwill. Restaurant-related basement space provides a dedicated office and full bathroom.
The apartment includes three bedrooms, one full bathroom, an eat-in kitchen, and a living room. It is currently subject to a one-year lease. The property carries Retail zoning and was built in 1900. Both the commercial and residential components are located along Elizabeth Ave in Elizabeth, New Jersey.
The apartment includes three bedrooms, one full bathroom, an eat-in kitchen, and a living room. It is currently subject to a one-year lease. The property carries Retail zoning and was built in 1900. Both the commercial and residential components are located along Elizabeth Ave in Elizabeth, New Jersey.
Key Highlights
- Mixed‑use property at 945 Elizabeth Ave, Elizabeth, NJ 07201
- Restaurant renovated in 2022
- Sale includes restaurant equipment, machinery, furniture, fixtures, menu, and goodwill
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,175
Businesses Nearby
143k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Shops & Services 32%
Electronics 4%
Home Improvements & Furnishings 2%
McDonald's
Dining
39,825 visits/mo
0.4 miles
McDonald's
Dining
17,774 visits/mo
0.5 miles
BP
Shops & Services
15,037 visits/mo
0.4 miles
Dollar General
Shops & Services
13,663 visits/mo
0.5 miles
Popeyes Louisiana Kitchen
Dining
10,863 visits/mo
0.5 miles
Demographics for 07201, NJ
29,390
Population
10,404
Households
2.8
Avg Household Size
35
Median Age
15%
College-Educated
75%
High-School Grad
6.4 sq mi
ZIP Area
4,592
Density / Sq Mi
$62,026
Median Household Income
$33,092
Median Earnings
$1,476
Median Rent
$413,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Operating restaurant business and three-bedroom apartment combine commercial activity with residential income potential.
Where is this mixed-use property located?
The property is located at 945 Elizabeth Ave #945 Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Mixed‑use property at 945 Elizabeth Ave, Elizabeth, NJ 07201; Restaurant renovated in 2022; Sale includes restaurant equipment, machinery, furniture, fixtures, menu, and goodwill
