649 Elizabeth Ave, Elizabeth City, NJ

$145,000

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1,300

Square feet

About 649 Elizabeth Ave

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.

Features of 649 Elizabeth Ave

MLS® # 4017419
Price $145,000
Square Footage 1,300
Type Commercial / Industrial / Business
Status Active

Community Information

Address 649 Elizabeth Ave
Subdivision Elizabeth Avenue
City Elizabeth City
County Union
State NJ
Zip Code 07206-2721

Amenities

Utilities See Remarks
Garages See Remarks

Interior

Heating See Remarks
Cooling 1 Unit, Central Air
Has Basement Yes
Basement Finished-Partially, Full

Additional Information

Date Listed March 29th, 2026

Listing Map

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