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Property profile & analytics
OFF-MARKET Estimated value $755,000
Bars & Pubs

230 Trumbull St 236 Elizabeth, NJ 07206-2666

3,356 SF 0.09 ac lot Built 1927
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US59-1718507
Property summary
AI-generated overview

This vibrant, beautifully renovated (October 2021) seafood restaurant in Elizabeth, NJ, presents a compelling investment opportunity. Located at 230 Trumbull St, on the corner of Monsignor Kemezis Pl, this single-tenant property boasts 1,750 square feet of interior space, complemented by a spacious outdoor patio offering an additional 48 seats. The interior comfortably seats 32 patrons. A fully equipped, modern kitchen is included, along with brand-new furniture, fixtures, and equipment. The property also includes a full basement and sits on a 0.09-acre lot. The sale encompasses a Class C liquor license, permitting both on-premises consumption and package goods sales. This established business, inspired by Portuguese coastal cuisine, offers significant potential for growth, whether continuing the current successful concept or implementing a new one. The total building size is 3,356 square feet, situated in Union County, New Jersey, zip code 07206. This turnkey operation is ready for its next owner to capitalize on its prime location and established clientele.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1927
Total area 3,356 SF
Lot 0.09 ac (3,999 SF)
APN 04 00822-0000-00001
UPID US59-1718507
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bossa Fish Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$755k
CAP Approach CAP
by Request
Comparable Approach Comparable
$691k
Blend (final) Blend
$755k
Owner & transaction history
230 Trumbull Properties LLC · 1 yrs held
230 Trumbull Properties LLC
since 2025
Last sale
$820,000
7 recorded transactions
2025
$820,000
2021
$625,000
2020
Price N/A
2009
$450,000
2006
$1
2005
$550,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $640,000 +14.5%
Commercial (general) $615,000 +9.6%
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