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649 Elizabeth Ave

Elizabeth City, NJ 07206
  • $189,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 4017419
UPDATED: 60 min ago
$189,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,300
    SQFT
  • $145
    $/SQFT
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

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.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-20T11:49:12.933.
www.movetonewjersey.com/homes/174563537
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649 Elizabeth Ave Elizabeth City, NJ 07206

  • Price: $189,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 60 min ago
  • MLS #: 4017419
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,300
SQFT
$145
$/SQFT
Neighborhood:
Elizabeth Avenue
County:
Union
Area:
Elizabeth City
Property 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.
Exterior Features

Garage Description See Remarks Location Commercial Area Parking Driveway Description See Remarks Road Type City/Town Street

Interior Features

Available Sq Ft 1300 Basement Yes Basement Description Finished-PartiallyFull Cooling 1 UnitCentral Air Fuel Type See Remarks Number Of Lavatories 2

Property Features

Acceptable Financing BuyerCashLease Purchase Business Classification See Remarks Business Established 2021 Business Name La Tamaleria Documents Available Financial Statements Existing Lease 3-5 Years Gross Operating Income 537668 Heating 1 Unit Income Expense Source Accountant Lease Amount Month 4200 Net Operating Income 147602 Ownership Type Sole Proprietorship Price Includes FurnishingsInventoryLeaseMachineryTrade Fixtures/Equipment Primary Business Classification See Remarks Real Estate For Sale No RE Available Sewer Public Available Total Operating Expense 212328 Utilities See Remarks Utility Amount 2055 Water Public Water

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Bhgre Elite: 908-316-8530.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-20T11:49:12.933.
 
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Team Gio | RE/MAX Central
520 Rt 9 North
Manalapan NJ, 08527