Restaurants

Morristown, NJ Restaurants for Sale

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Restaurant Space with Full Basement
Updated: Aug 23
Restaurant Space with Full Basement

44 Speedwell Ave, Morristown, NJ 07960

Contact for pricing
2,465 sqft
Restaurant layout includes kitchen, takeout area, service counter, and large dining room
2 ADA bathrooms
Full basement for expansion or catering operations
Walk‑in box located on the main level
Existing chase to the roof supports potential hood installation; currently no hood
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Morristown, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 3 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.

Restaurant and House For Sale
Restaurant and House For Sale

1012 Tabor Road, Morris Plains, NJ 07950

Contact for pricing
2,600 sqft

Includes a +/-1,800 SF restaurant and a +/-800 SF house with a 2-car garage.

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Commercial Land with Signage Income
Commercial Land with Signage Income

1128 Route 10, Randolph, NJ 07869

$279,000
4.26 AC lot

Commercial land for sale with permitted uses and signage income.

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Turn-Key Restaurant in Downtown
Turn-Key Restaurant in Downtown

650 SPEEDWELL AVE, Morris Plains, NJ 07950

$998,000

Korean BBQ restaurant for sale in Morris Plains.

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Commercial Property on Route 10
Commercial Property on Route 10

86 Route 10, Randolph, NJ 07869

$495,000

Commercial property suitable for retail, office, bank, or restaurant.

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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.

Commercial Land with Medical Uses
Commercial Land with Medical Uses

351 Doctors Way, Hillsborough, NJ 08844

$2,500,000
3.29 AC lot

Commercial HS zoning supports medical offices, business services, restaurants, and designated care facilities.

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Commercial Development Land
Commercial Development Land

812-822 US Highway 206, Hillsborough, NJ 08844

$2,995,000
7.88 AC lot

Three-lot commercial development site with 631 feet of frontage on US Highway 206 in Hillsborough’s HS zone.

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Commercial Land Parcels
Commercial Land Parcels

21 Sherman Ave, Jamestown, NY 14701

$275,000
2.70 AC lot

Two vacant parcels offer commercial zoning along a corridor connecting Jamestown and Lakewood.

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Off-Market Properties in Morristown, NJ

Consider similar Off-Market properties in Morristown, 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.

10 Dehart St
RESTAURANT

10 Dehart St, Morristown, NJ 07960-8211

$615,000
Estimated value
3,744 sqft 0.22 AC lot
View details
41 Morris St
BAR, TAVERN

41 Morris St, Morristown, NJ 07960-3919

$450,000
Estimated value
5,648 sqft 0.10 AC lot
View details
239 Martin Luther King Ave
RESTAURANT

239 Martin Luther King Ave, Morristown, NJ 07960-4042

$305,000
Estimated value
2,012 sqft 0.17 AC lot
View details
000 Owner
Restaurants

000 Owner, Morristown, NJ 07960

Value Estimation by Request
1,287 sqft
View details

Morristown, NJ Restaurants Market Trends and Statistics

Explore 5 restaurants for sale in Morristown, NJ on our real estate platform. These investment opportunities span a total of 2,465 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3
Commercial kitchens 1

Demographics Overview

Population 47K
Population Growth (5Y) +2.8%
Median Household Income $149,462
College Educated 65.1%

Taxes & Financing

Tax Rate (average for all types) 2.17%
Property Tax per SF $13.37 per SF
Tax Rate vs County Average 0.35 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morris County

New Delisted

Total CRE Inventory on Market (SF)

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