Listing Details

292 Passaic Ave,Fairfield Twp., NJ 07004-2519

  • February 11, 2026

Description

Rare opportunity to purchase a successful turnkey, 130-seat restaurant, property and liquor license with a full sports bar. The property sits on 1.4 acres of land and has 68 parking spots. There is an opportunity to purchase the two (2x) single-family homes located next door as seen in the survey through a separate transaction to assemble (block 2801, Lot 3) which is .34 acres and (block 2801, lot 4) which is .48 acres adding an additional 0.91 acre site zoned C-1 Commercial.The property is surrounded by countless professional buildings, residential residences and is located down the street from Essex County Airport and Rt 46.

Details

Last Updated On: February 11th, 2026 at 4:42 pm
Property ID:PT-27998702-AXZR
Offer Type:For Sale
Property Type:Restaurant/Bar
Price: 2,500,000 $
Year Built:1997

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 1.40 ACRES
Office SqFt: 961
Property Type: Restaurant/Bar
Lot Identifier: 2.01

Home Details

Location: Business District, Freestanding
Acreage: 1.40
Sale Includes: Building & Business, Equipment
Renovated: 2022
Construction: Wood
Number of Garage Spaces: 68
Number of Stories: 2
Number of Units: 1
Number of Lavatories: 3
Max Ceiling Height: 10
Max Door Height: 8
Floors: Tile
Available SqFt: 3722
Building SqFt: 3722
Available Parking Spaces: 68
Parking Desc: Parking Lot-Exclusive
Easement/Desc: Unknown
Basmnt/Desc: Yes - Full
YB/Desc: 1997 - Approximate, Renovated
Block Identifier: 2801
County Number: 16
Town Number: 1607
Possession: ASAP

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Ownership: Fee Simple
Tax ID For Property: 1607-02801-0000-00002-0001-
Tax Amount: $26,539.00
Tax Year: 2023
Tax Rate: 2.053%
Tax Rate Year: 2024
Farm Assessment: No
Land Assessment: $825,000.00
Building Assessment: $467,700.00
Total Assessment: $1,292,700.00

Utilities

Equipment Available: Exhaust System, Fixtures, Furniture, Kitchen Area, Refrigeration Unit
Heat Source: Gas-Natural
Heat System: Forced Hot Air
Cool System: Central Air
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Other

Permitted Use: Commercial
Zoning: C-1

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