$425,000
( $121.43Per Sq Foot )
 $2,281 est/mo Sourced by Back At You

1109 Elizabeth Ave,Elizabeth City, NJ 07201

Elizabeth City, NJ 07201

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Description

Amazing Opportunity the Famous City Tavern is Now for Sale! Step into ownership of this fully turnkey bar and restaurant with a strong reputation and a loyal, built-in customer base. This exceptional offering includes the liquor license, allowing for a smooth and immediate transition for the new owner. Benefit from ample on-site parking for approximately 20 vehicles, providing convenience and easy access for patrons. The seller is open to owner financing for qualified buyers with strong collateral, adding flexibility to this already attractive opportunity. Ideally located just minutes from the NJ Turnpike, Route 28, the Garden State Parkway, and Newark Liberty International Airport, the property enjoys excellent visibility, accessibility, and consistent traffic exposure. This is a rare chance to take over a well-known establishment with significant upside potential don't miss it!

Details

MLS #4048968
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site31
Listing Provided ByFLOROSTONE REALTY INC. | GRISELA FLORES

Features

SQ Feet3,500
BasementY
ZoningCommercial

Area Information

StateNJ
CountyUnion
CityElizabeth City
Zip Code07201
AreaUnion
Community NameDowntown
Listing VS Median (in Downtown)
Price:
$425,000
low | high
Med:
$255,000
90% of Average
sqft:
3,500
low | high
Med:
2,200
87.142857142857% of Average
$ / sqft:
$121
low | high
Med:
$108
61.111111111111% of Average
On site:
31
low | high
Med:
46.5
66.666666666667% of Average
Sourced by Back At You

Market Activity 07201

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Learn More About This Property

StateNJ
CountyUnion
CityElizabeth City
Zip Code07201
AreaUnion
Community NameDowntown
Listing VS Median (in Downtown)
Price:
$425,000
low | high
Med:
$255,000
90% of Average
sqft:
3,500
low | high
Med:
2,200
87.142857142857% of Average
$ / sqft:
$121
low | high
Med:
$108
61.111111111111% of Average
On site:
31
low | high
Med:
46.5
66.666666666667% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $318K - $531K
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
831 Elizabeth Ave Property Photo 1
$30,000
831 Elizabeth Ave
Elizabeth City, NJ 07201
Listing Updated: August 26, 2026 at 11:31:31 PM PDT