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    Elizabeth, NJ Restaurants for Sale

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    Elizabethport Mixed-Use Investment Opportunity
    Updated: May 28, 2025
    Elizabethport Mixed-Use Investment Opportunity

    261 2nd St, Elizabeth, NJ 07206

    $1,300,000
    6,425 sqft
    Three income‑generating units: two commercial storefronts (restaurant and liquor store) and a 2‑bedroom apartment.
    Prime corner location with high visibility and steady foot traffic.
    Turnkey asset in a revitalizing area of Elizabethport.
    Two commercial units are currently leased and operating.
    2‑bedroom apartment with private entrance suitable for owner‑occupant or rental income.
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    This listing looks promising.

    Here's a quick look at some key insights for

    261 2nd St, Elizabeth City, NJ 07206

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $103K
      Annual

    • Price @ 7% Cap

      $1.47M
      Above asking
    View Property Analytics
    Renovated Restaurant with Apartment
    Updated: Jun 12
    Renovated Restaurant with Apartment

    639 S Broad St, Elizabeth, NJ 07202

    $1,500,000
    1,300 sqft 0.12 AC lot
    Mixed‑use property includes Santillo's Brick Oven Pizza commercial space and a spacious 2‑bedroom apartment for owner occupancy or rental income.
    Commercial space includes a traditional hearth‑baking pizza oven, plus a dedicated prep room and ample storage room.
    Detached 2‑car garage provides parking/storage for the property.
    Apartment features include a large family room, kitchen, and a primary bedroom with a private master bath.
    Utilities: public water and public sewer; heating with baseboard and hot water (heating).
    View details
    Turnkey Restaurant Opportunity in Elizabeth
    Turnkey Restaurant Opportunity in Elizabeth

    701 Spring Street, Elizabeth, NJ 07201

    $160,000
    1,500 sqft

    Fully operational fried chicken restaurant for sale in Elizabeth, NJ.

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    Mixed-Use Triplex with Restaurant
    Mixed-Use Triplex with Restaurant

    442 Elizabeth Ave, Elizabeth, NJ 07206

    $785,000
    0.09 AC lot

    Triplex offers a first-floor restaurant plus rented two- and one-bedroom apartments, with newly installed boilers.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Mixed-Use Property with Restaurant Income
    Mixed-Use Property with Restaurant Income

    442 Elizabeth Ave, Elizabeth, NJ 07206

    $785,000
    3,483 sqft

    Mixed-use property featuring a restaurant and residential units.

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    Mixed-Use Triplex with Restaurant
    Mixed-Use Triplex with Restaurant

    335 Elizabeth Ave, Elizabeth, NJ 07206

    $625,000
    0.06 AC lot

    Mixed-use triplex with ground-floor retail restaurant space and two residential units on the upper floors.

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    Business - Elizabeth City, NJ
    Business - Elizabeth City, NJ

    649 Elizabeth Ave, Elizabeth, NJ 07206

    $189,000
    1,300 sqft

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

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    Turnkey Fried Chicken Restaurant
    Turnkey Fried Chicken Restaurant

    701 Spring Street, Elizabeth, NJ 07201

    $160,000
    1,500 sqft

    Fully operational restaurant with an equipped commercial kitchen and a dine-in, takeout, and delivery format.

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    Mixed-Use Property with Restaurant Business
    Mixed-Use Property with Restaurant Business

    945 Elizabeth Ave, Elizabeth, NJ 07201

    $1,595,000
    2,534 sqft 0.05 AC lot

    Income-generating property with a thriving restaurant and residential unit.

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    Mixed-Use Building with Restaurant Space
    Mixed-Use Building with Restaurant Space

    335 Elizabeth Ave, Elizabeth, NJ 07206

    $800,000
    3,166 sqft

    Mixed-use building featuring a restaurant and residential units.

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    Retail Consumption License Available
    Retail Consumption License Available

    808 1st Avenue, Elizabeth, NJ 07201

    $250,000

    Plenary Retail Consumption License ONLY, no real estate included.

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    Mixed-Use Building with Restaurant
    Mixed-Use Building with Restaurant

    645 Magnolia Ave, Elizabeth, NJ 07206

    $560,000

    Three-unit mixed-use building featuring a restaurant and two apartments.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 12 Active listings in Elizabeth, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Restaurant with Liquor License
    Turnkey Restaurant with Liquor License

    105 Linden Road, Roselle, NJ 07203

    $1,200,000
    190,000 sqft 0.15 AC lot

    Turnkey restaurant and bar with full liquor license and seating for 170 patrons.

    View details
    Turn-Key Restaurant and Bar
    Turn-Key Restaurant and Bar

    105 Linden Rd, Roselle, NJ 07203

    $1,200,000
    3,400 sqft 0.15 AC lot

    Well-established restaurant with full liquor license and loyal clientele.

    View details
    Wholesale Bakery & Dual Property
    Wholesale Bakery & Dual Property

    155 Port Richmond Ave, Staten Island, NY 10302

    $2,000,000
    4,000 sqft

    Two properties and a thriving wholesale bakery business for sale.

    View details
    New Construction Mixed-Use Building
    New Construction Mixed-Use Building

    2348 Forest Avenue, Staten Island, NY 10303

    Contact for pricing
    11,000 sqft

    New construction mixed-use building suitable for various commercial uses.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Richmond Avenue Commercial Lot
    Richmond Avenue Commercial Lot

    964 Richmond Avenue, Staten Island, NY 10314

    $1,250,000
    0.41 AC lot

    Nearly 18,000 sq ft lot in a busy commercial district.

    View details
    Rahway Commercial Land For Sale
    Rahway Commercial Land For Sale

    735 E Hazelwood Avenue, Rahway, NJ 07065

    $859,999

    High-visibility commercial land parcel in Rahway, suitable for development.

    View details
    Brooklyn Commercial Property in Bay Ridge
    Brooklyn Commercial Property in Bay Ridge

    343 78th Street, Brooklyn, NY 11209

    $2,200,000
    8,100 sqft 0.14 AC lot

    Large lot in high-traffic area, ideal for investors/developers.

    View details
    Premier Brooklyn Heights Development Site
    Premier Brooklyn Heights Development Site

    186 Remsen St, Brooklyn, NY 11201

    Contact for pricing
    0.11 AC lot

    Development site with approved plans for a luxury hotel.

    View details

    Off-Market Properties in Elizabeth, NJ

    Consider similar Off-Market properties in Elizabeth, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    900 Newark Ave, Unit 906
    RESTAURANT

    900 Newark Ave, Elizabeth, NJ 07208-3517

    Unit 906
    $3,310,000
    Estimated value
    2,232 sqft 0.46 AC lot
    View details
    630 Clarkson Ave
    BAR, TAVERN

    630 Clarkson Ave, Elizabeth, NJ 07202-2763

    $685,000
    Estimated value
    5,018 sqft 0.26 AC lot
    View details
    127 Elizabeth Ave
    BAR, TAVERN

    127 Elizabeth Ave, Elizabeth, NJ 07206-1633

    Value Estimation by Request
    3,000 sqft 0.06 AC lot
    View details
    230 Trumbull St, Unit 236
    BAR, TAVERN

    230 Trumbull St, Elizabeth, NJ 07206-2666

    Unit 236
    $755,000
    Estimated value
    3,356 sqft 0.09 AC lot
    View details
    656 Elizabeth Ave
    BAR, TAVERN

    656 Elizabeth Ave, Elizabeth, NJ 07206-1105

    Value Estimation by Request
    2,553 sqft 0.07 AC lot
    View details
    438-442 Edgar Rd, Unit 442
    BAR, TAVERN

    438-442 Edgar Rd, Elizabeth, NJ 07202-3347

    Unit 442
    $750,000
    Estimated value
    5,520 sqft 0.76 AC lot
    View details
    848-850 2nd Ave, Unit 850
    BAR, TAVERN

    848-850 2nd Ave, Elizabeth, NJ 07202-3852

    Unit 850
    $900,000
    Estimated value
    4,947 sqft 0.12 AC lot
    View details
    2 1st St
    BAR, TAVERN

    2 1st St, Elizabeth, NJ 07206-1627

    Value Estimation by Request
    3,933 sqft 0.03 AC lot
    View details
    901-903 Flora St, Unit 903
    BAR, TAVERN

    901-903 Flora St, Elizabeth, NJ 07201-3317

    Unit 903
    Value Estimation by Request
    2,530 sqft 0.11 AC lot
    View details
    506 Lidgerwood Ave 510th
    BAR, TAVERN

    506 Lidgerwood Ave 510th, Elizabeth, NJ 07202-3323

    Value Estimation by Request
    1,872 sqft 0.12 AC lot
    View details
    520-522 Bayway Ave, Unit 522
    BAR, TAVERN

    520-522 Bayway Ave, Elizabeth, NJ 07202-2754

    Unit 522
    Value Estimation by Request
    3,521 sqft 0.12 AC lot
    View details
    270-272 Morris Ave, Unit 272
    BAR, TAVERN

    270-272 Morris Ave, Elizabeth, NJ 07208-3607

    Unit 272
    Value Estimation by Request
    1,357 sqft 0.05 AC lot
    View details

    Elizabeth, NJ Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Elizabeth, NJ, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 21,208 square feet of properties for sale, with an estimated market value of $6,489,000.

    Sale prices for restaurant properties in Elizabeth, NJ start at $160,000, averaging $811,125, and reaching up to $1,595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 10
    Bars & Pubs 2
    Coffee shops 1

    Demographics Overview

    Population 136K
    Population Growth (5Y) +5.9%
    Median Household Income $63,738
    College Educated 14.8%

    High-Yield Neighborhoods for Investment

    Identify Elizabeth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07202 $510.5K
    07201 $635K
    07206 $708.2K
    07208 $1M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Union County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Elizabeth, NJ

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