Seize this rare opportunity to own a fully operational, income-generating mixed-use property in the heart of vibrant Elizabeth Ave, one of Elizabeth, NJ's most desirable and bustling locations. This sale includes both the real estate and a thriving restaurant business with strong annual profits, offering an ideal investment for entrepreneurs and investors alike. Restaurant - Fully renovated in 2022, this turnkey restaurant comes complete with all equipment, machinery, furniture, fixtures, menu, and goodwill. The business is in full operation and it has been in operations for twenty plus years, generating impressive annual profits. The basement includes a dedicated office space and a full bathroom for restaurant use. Financials are available to serious buyers upon request. Residential Unit - A spacious three-bedroom apartment featuring one full bathroom, an eat-in kitchen, and a comfortable living room, perfect for rental income or owner occupancy. Situated in the heart of Elizabeth Ave, a high-traffic area known for its vibrant community, diverse businesses, and strong foot traffic, ensuring excellent visibility and accessibility for the restaurant. Don't miss your chance to own a profitable restaurant and income-producing property in one of Elizabeth's most dynamic areas.
Active
$1,750,000
945 Elizabeth Ave UNIT 945, Elizabeth City, NJ 07201
--beds
4baths
2,534sqft
Est.:
Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$691/sqft
$-- HOA
What's special
Eat-in kitchenDedicated office spaceSpacious three-bedroom apartmentTurnkey restaurant
- 6 days
- on Zillow |
- 129 |
- 2 |
Zillow last checked: 9 hours ago
Listing updated: May 22, 2025 at 02:48pm
Listed by:
Jamille Hernandez 973-969-3363,
3sixty Realty Llc
Source: GSMLS,MLS#: 3964788

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
Heating
- 2 Units, Baseboard - Hotwater, Forced Air, Natural Gas
Cooling
- 1 Unit, Central Air
Features
- Doors: Max Door Height: 0
- Basement: Yes,Full,Unfinished
- Furnished: Yes
Interior area
- Total structure area: 2,534
- Total interior livable area: 2,534 sqft
Property
Parking
- Parking features: On-Street Parking
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 2,178 Square Feet
- Dimensions: 21.20 x 100
- Features: Business District
Details
- Parcel number: 2904003090000000440000
- Zoning description: Retail
- Other equipment: Appliances, Refrigeration Unit
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick/Block, Vinyl Siding
- Roof: Flat
Condition
- Year built: 1900
Utilities & green energy
- Gas: Gas In Street
- Sewer: Public Available
- Water: Public
- Utilities for property: Gas In Street
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Elizabeth
Financial & listing details
- Price per square foot: $691/sqft
- Tax assessed value: $588,100
- Annual tax amount: $11,903
- Date on market: 5/23/2025
- Inclusions: Building & Business, Building & Land, Equipment, Inventory, Operating Licenses
- Ownership type: Fee Simple
- Tenant pays: Cable TV, Electricity, Gas, Heat, Hot Water
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