Date
Details
Price
Change
Source
8/26/2026
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/37
$425,000
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Property 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!
Full Property Details
Full Property Details for 1109 Elizabeth Ave
General
- Price: $425,000
- Status: Active
- Type: Business
- Source: Garden_State
- MLS ID: 4048968
- Updated: 8/26/2026
- Added to Site: 60 day(s) ago
Business
- Name: City Tavern
- Business Type: See Remarks
- Business Sub-Type: See Remarks
- Real Estate: No RE Available
Rental Information
- Lease Info: New Lease Required, See Remarks
Rooms
Bathrooms
- Restrooms: 2
Parking
- Garage Description: None
Location
- County: Union
- Subdivision: Downtown
- Driving Directions: Corner of Winfield Scott Plaza & Elizabeth Ave
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: 1 Unit
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas, Cable TV Available
Structural Information
- Basement: Yes
- Basement Desc.: Full
- Square Feet: 3,500
- Aprox. Leasable: 3,000 Sq. Ft.
Lot Features
- Frontage: City/Town Street
- Driveway/Sidewalk: 2 Car Width, Additional Parking, Blacktop, Parking Lot-Exclusive
- Zoning: Commercial
Financial Considerations
- Lease Price Per Mth: $9,999
- Operating Expenses: $9,999
- Terms: Cash, See Remarks
Disclosures and Reports
- Ownership: See Remarks
- Documents Avail.: See Remarks
- APN: 2904-00317-0000-00010-0000-
Listed by Florostone Realty Inc.
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 1109 Elizabeth Ave —
Florostone Realty Inc.
908-445-5339
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1109 Elizabeth Ave
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
No 4 John Battin Elementary School 300 South Broad Street, Elizabeth, NJ 07202 | PK-8 | 0.4 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 0.1 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 0.1 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 0.2 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 0.2 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 0.7 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1109 Elizabeth Ave
Tax History
Tax History for 1109 Elizabeth Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$36,562
—
$1,259,400
-28%
2025
$36,562
42%
$1,756,100
—
2023
$25,727
3%
$1,756,100
2115%
2022
$25,045
2%
$79,300
—
2021
$24,523
8%
$79,300
—
2018
$22,635
-4%
$79,300
—
2019
$23,657
3%
$79,300
—
2017
$22,868
—
$79,300
—
2016
$22,772
10%
$79,300
—
2015
$20,697
9%
$79,300
—
2013
$18,951
—
$79,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1109 Elizabeth Ave
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1109 Elizabeth Ave, Elizabeth, NJ 07201 (MLS# 4048968) is a Business property. 1109 Elizabeth Ave is currently listed for $425,000 and was received on August 26, 2026. Want to learn more about 1109 Elizabeth Ave? Do you have questions about finding other Business real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.