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717 New Point Rd Elizabeth, NJ 07201-2861

  • Specialty properties
  • 13,000 SF
Value Estimation
Location Intelligence

Current Use by Public Records

  • Specialty properties

Property Details for 717 New Point Rd

Property size
13,000 SF
Property type
Specialty properties
Property subtype
Land

Description

This exceptional 13,000 square foot commercial property, located at 717 New Point Rd in Elizabeth City, New Jersey (zip code 07201-2861), presents a unique investment opportunity. The asking price is $1,990,000 and includes a valuable liquor license. The property, operating as Club Cubano de Elizabeth since 1978, has undergone significant renovations. A 1979 remodel was followed by a 1988 expansion that added a new kitchen, two bathrooms, two smaller private rooms, additional storage, a second-floor bar, and a partially finished basement. The roof was also repaired during this expansion. The property boasts central air conditioning units with forced air, and the kitchen equipment, ice machine, beer coolers are all in working condition. An outdoor bar and lounge area enhance the property's appeal. Ample parking is available for 20 or more cars. The sale is as-is. Access is via Division Street or Elizabeth Avenue to New Point Road. This property offers significant potential for a variety of commercial uses.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Elizabeth
County
Union
State
New Jersey
Longitude
-74.2009
Latitude
40.6591
More about this property
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