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    South Orange, NJ
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    South Orange, NJ Restaurants for Sale

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    Turnkey Restaurant Opportunity in Downtown
    Updated: May 1, 2025
    Turnkey Restaurant Opportunity in Downtown

    15 S Orange Ave, South Orange, NJ 07079

    $2,600,000
    5,532 sqft
    Prime downtown location in South Orange, one block from the train station, with high visibility and traffic.
    Turnkey restaurant opportunity in a two‑story, 7,980 sq ft masonry building, delivered vacant at closing.
    Features two fully equipped kitchens and accommodates 110 patrons plus bar seating.
    Second‑floor event space with a capacity of up to 70 people.
    Solid masonry structure with open spans and classic wood details (fireplace, bars).
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    This listing looks promising.

    Here's a quick look at some key insights for

    15 S Orange Ave, South Orange Village Twp., NJ 07079

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    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $85K
      Annual

    • Price @ 7% Cap

      $1.21M
      Suggested

    • Last Sold

      Dec 2021
      $386K
    View Property Analytics
    Mixed-Use Brewery and Restaurant
    Updated: Mar 3
    Mixed-Use Brewery and Restaurant

    15 S Orange Ave, South Orange, NJ 07079

    Contact for pricing
    9,000 sqft
    Three‑level brewery and restaurant building with bar and party room
    Additional basement space included
    Second floor features an additional bar and party room
    Two additional floors can be added to the building
    One street from commuter train
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    Turnkey Restaurant with Outdoor Seating
    Turnkey Restaurant with Outdoor Seating

    19 Valley St, South Orange, NJ 07079

    Contact for pricing
    4,576 sqft

    Well-maintained turnkey restaurant with outdoor seating, two kitchens, three bars, and multiple access points.

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    Turnkey Pizzeria Restaurant Business
    Turnkey Pizzeria Restaurant Business

    319 Orange, South Orange, NJ 07079

    $279,000

    Long-established pizzeria offered turnkey and fully operational for an owner-operator or investor.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Turnkey Restaurant with Outdoor Seating
    Turnkey Restaurant with Outdoor Seating

    19 Valley St, South Orange, NJ 07079

    Contact for pricing
    3,852 sqft

    Well-maintained restaurant with outdoor seating, two kitchens, three bars, and multiple access points.

    View details
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 5 Active listings in South Orange, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    Tavern with Liquor License and Apartment
    Tavern with Liquor License and Apartment

    45 Freeman Street, West Orange, NJ 07052

    $899,999
    0.06 AC lot

    Well-established tavern sale includes a NJ liquor license, equipped kitchen, bar setup, and an on-site residential apartment.

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    Established Tavern with Residential Apartment
    Established Tavern with Residential Apartment

    45 Freeman Street, West Orange, NJ 07052

    $899,999
    0.06 AC lot

    Well-established tavern with liquor license, kitchen, and residential apartment.

    View details
    Multi-Tenant Retail Corner Building
    Multi-Tenant Retail Corner Building

    763 IRVINGTON AVE, Newark, NJ 07106

    Contact for pricing
    5,100 sqft

    Fully leased retail corner property with dedicated parking and frontage on Irvington Avenue.

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    Multi-Tenant Retail and Restaurant
    Multi-Tenant Retail and Restaurant

    347 Sanford Avenue, Newark, NJ 07106

    Contact for pricing
    2,495 sqft

    Single-story multi-tenant building with two retail storefronts and one occupied restaurant.

    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.

    Land in Roseland Boro
    Land in Roseland Boro

    192 Eagle Rock Ave, Roseland, NJ 07068

    $350,000
    0.25 AC lot

    Land for sale in the center of Roseland, New Jersey.

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    R4A-Zoned Commercial Land
    R4A-Zoned Commercial Land

    343 78th Street, Brooklyn, NY 11209

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

    Land offering near Bay Ridge shopping and restaurants in a high-traffic area.

    View details
    Commercial Land Zoned Mercantile
    Commercial Land Zoned Mercantile

    21 Sherman Ave, Jamestown, NY 14701

    $275,000
    2.70 AC lot

    Two vacant parcels offer 2.7 acres zoned Commercial, Mercantile, with drive access.

    View details
    Brooklyn Vacant Lot For Sale
    Brooklyn Vacant Lot For Sale

    2828 Fulton Street, Brooklyn, NY 11207

    $299,000
    0.03 AC lot

    Vacant lot in Brooklyn zoned for commercial and residential use.

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    Off-Market Properties in South Orange, NJ

    Consider similar Off-Market properties in South Orange, 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.

    1 Orange Ave
    Restaurants

    1 Orange Ave, South Orange, NJ 07079

    Value Estimation by Request
    32,740 sqft
    View details
    1 Orange Ave
    Restaurants

    1 Orange Ave, South Orange, NJ 07079

    Value Estimation by Request
    32,740 sqft 0.52 AC lot
    View details
    1 Orange Ave
    Restaurants

    1 Orange Ave, South Orange, NJ 07079

    Value Estimation by Request
    32,740 sqft 0.52 AC lot
    View details

    South Orange, NJ Restaurants Market Trends and Statistics

    Explore 8 restaurants for sale in South Orange, NJ, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 22,960 square feet of properties for sale, with an estimated market value of $2,879,000.

    Sale prices for restaurant properties in South Orange, NJ start at $279,000, averaging $1,439,500, and reaching up to $2,600,000 — 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 7
    Bars & Pubs 3

    Demographics Overview

    Population 18K
    Population Growth (5Y) +11.5%
    Median Household Income $184,769

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    07079 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 3.41%
    Property Tax per SF $10.39 per SF
    Tax Rate vs County Average 0.34 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Essex County

    Residential Income

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