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$380,000 -$300,000 (-44.12%) Price Reduced
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Property Description
"Rare opportunity to acquire two established concepts (LYFE & VECO) in a prime Elizabeth location. This turn-key restaurant and lounge offers a fully built-out modern interior, high visibility, and strong foot traffic near major attractions, including NJ Transit, Union County Courthouse, and Ritz Theatre. The business features a fully equipped commercial kitchen, bar, and seating areas designed for high-volume operations. Financials available upon request. Seller financing available for qualified buyers, providing flexible acquisition terms. Ideal for investors or owner-operators seeking immediate income potential and growth.
Full Property Details
Full Property Details for 1165 Dickinson St
General
- Price: $380,000
- Status: Active
- Type: Business
- Source: Garden_State
- MLS ID: 4023988
- Updated: 8/5/2026
- Added to Site: 100 day(s) ago
Business
- Name: Lyfe
- Business Type: Professional Service
- Business Sub-Type: Professional Service
Rental Information
- Lease Info: 5 or More Years, Renewal Option
Rooms
Bathrooms
- Restrooms: 6
Parking
- Garage Description: Separate Location
Location
- County: Union
- Driving Directions: From Broad St downtown Elizabeth, turn onto Dickinson St. Property at 1171 Dickinson St. Parking Garage #6 on Dickinson at Jefferson.
Heating & Cooling
- Cooling Type: 2 Units
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: Electric, Natural Gas, Cable TV
Structural Information
- Square Feet: 7,666
- Aprox. Leasable: 7,666 Sq. Ft.
Lot Features
- Frontage: City/Town Street
- Driveway/Sidewalk: On-Street Parking, Parking Lot-Shared
Financial Considerations
- Lease Price Per Mth: $10,202
- Expenses: Accountant
- Operating Expenses: $804,528
Disclosures and Reports
- Ownership: Partnership
- Documents Avail.: Financial Statements, Investment Analysis, See Remarks, Tax Returns
- Disclosures: Yes
- APN: 2904-00319-0000-00030-0000-
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Schools
Schools serving 1165 Dickinson St
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 | 0.2 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 0.2 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 0.3 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 0.3 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 0.5 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 0.9 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 1165 Dickinson St
Date
Details
Price
Change
Source
8/05/2026
Price Reduced
$380,000
-44.12%
MLS
4/29/2026
Listed
$680,000
-47.69%
MLS
3/08/2007
Sold
$1,300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1165 Dickinson St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$35,409
-27%
$1,700,700
1004%
2022
$48,669
2%
$154,100
—
2021
$47,654
8%
$154,100
—
2018
$43,985
-1%
$154,100
—
2017
$44,438
—
$154,100
—
2016
$44,251
10%
$154,100
—
2015
$40,219
-13%
$154,100
—
2019
$45,971
25%
$154,100
—
2013
$36,827
—
$154,100
—
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 1165 Dickinson St
1165 Dickinson St, Elizabeth, NJ 07201 (MLS# 4023988) is a Business property. 1165 Dickinson St is currently listed for $380,000 and was received on April 29, 2026. Want to learn more about 1165 Dickinson St? 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.

