$145,000
( $111.54Per Sq Foot )
 $778 est/mo Sourced by Back At You

649 Elizabeth Ave,Elizabeth City, NJ 07206

Elizabeth City, NJ 07206

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Description

The business is a fully turn key, operational, cash-flowing restaurant located in vibrant Elizabeth, New Jersey, offering dine-in, takeout, and delivery services through major platforms such as DoorDash and Uber Eats. 120 maximum capacity, space for outdoor lounge In 2025, the operation demonstrated strong financial performance, reinforcing its stability and long-term growth potential. The business generated $537,668 in annual revenue and $147,602 in net operating income, achieving an above-average 27.4% operating margin. This level of performance positions the business as a high-quality, income-producing asset within the New Jersey restaurant market. All inventory included. Condition: FULLY RENOVATED, PLENTY OF STORAGE SPACE, Fully equipped kitchen and commercial-grade refrigeration systems. A liquor license is not included in the offering; however, one may be available for separate purchase through a third-party owner, presenting an opportunity to further enhance revenue. Business name not included in sale, financial reports are available.

Details

MLS #4017419
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site203
Listing Provided ByBHGRE ELITE | JAZMINE CLAUSEN-SOIR

Features

SQ Feet1,300
BasementY

Area Information

StateNJ
CountyUnion
CityElizabeth City
Zip Code07206
AreaUnion
Community NameElizabeth Avenue
Listing VS Median (in Elizabeth Avenue)
Price:
$145,000
low | high
Med:
$145,000
50% of Average
sqft:
1,300
low | high
Med:
1,300
50% of Average
$ / sqft:
$112
low | high
Med:
$112
50% of Average
On site:
203
low | high
Med:
203
100% of Average
Sourced by Back At You

Market Activity 07206

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Additional Information

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Contact

Learn More About This Property

Mary Rose Martorell

Mary Rose Martorell

Village Square Realtors

 (917) 836-6052maryrosemartorell@yahoo.com
StateNJ
CountyUnion
CityElizabeth City
Zip Code07206
AreaUnion
Community NameElizabeth Avenue
Listing VS Median (in Elizabeth Avenue)
Price:
$145,000
low | high
Med:
$145,000
50% of Average
sqft:
1,300
low | high
Med:
1,300
50% of Average
$ / sqft:
$112
low | high
Med:
$112
50% of Average
On site:
203
low | high
Med:
203
100% of Average
Sourced by Back At You
Listing Updated: October 1, 2026 at 12:27:09 PM PDT

Mary Rose Martorell - Village Square Realtors