Log In/Sign Up
Your email has been sent.
Tavern 292 292 Passaic Ave 3,722 SF Retail Building Fairfield, NJ 07004 $3,410,600 CAD ($916.34 CAD/SF)
Executive Summary
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.
Do NOT go direct and do NOT talk to any employees!
The property is surrounded by countless professional buildings, residential residences and is located down the street from Essex County Airport and Rt 46.
Do NOT go direct and do NOT talk to any employees!
Taxes & Operating Expenses (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$36,206
|
$9.73
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$36,206
|
$9.73
|
Taxes & Operating Expenses (Actual - 2023)
| Taxes (CAD) | |
|---|---|
| Annual | $36,206 |
| Annual Per SF | $9.73 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $36,206 |
| Annual Per SF | $9.73 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
3,722 SF
Building Class
B
Year Built/Renovated
1997/2021
Price
$3,410,600 CAD
Price Per SF
$916.34 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.06
Lot Size
1.42 AC
Zoning
C-1 - Neighborhood Commercial
Parking
68 Spaces (18.27 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
40/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-02801-0000-00002 | Total Assessment | $1,780,694 CAD (2025) |
| Land Assessment | $1,136,438 CAD (2025) | Annual Taxes | $36,206 CAD ($9.73 CAD/SF) |
| Improvements Assessment | $644,257 CAD (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
07-02801-0000-00002
Land Assessment
$1,136,438 CAD (2025)
Improvements Assessment
$644,257 CAD (2025)
Total Assessment
$1,780,694 CAD (2025)
Annual Taxes
$36,206 CAD ($9.73 CAD/SF)
Tax Year
2023
1 of 32
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Tavern 292 | 292 Passaic Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.