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$1,495,000
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Property Description
Well known established restaurant, take out with outdoor area and 2nd floor for private parties and events. Liquor license, restaurant equipment and right to do business as "Rei Da Manivela", an establishment well recognized and known for quality food for over 40 years. Recently updated floors, bathrooms, lighting, Electric, plumbing. Features 4 bathrooms, 2 per level and 2 bars, 1 per level. Building and business included, possible to sell business only with future option to buy for building.
Full Property Details
Full Property Details for 1452 Lower Rd
General
- Price: $1,495,000
- Taxes: $10,143 (2025)
- Status: Active
- Type: Business
- Source: Garden_State
- MLS ID: 4040663
- Updated: 7/17/2026
- Added to Site: 41 day(s) ago
Business
- Includes: Building & Business, Equipment, Operating Licenses
Interior
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Restrooms: 4
Additional Information
- Equipment: Appliances, Exhaust System, Kitchen Area, Machinery, Restrooms - Private, Sign - Building, Sprinkler System, Storage Area(s)
Parking
- Parking: None
Location
- County: Union
- Driving Directions: North Broad to Lower road
- Location Details: Residential Area, See Remarks
Heating & Cooling
- Cooling Type: 4+ Units
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground, Electric, Natural Gas
Structural Information
- Construction: Brick/Block, Wood
- Exterior Const.: Brick/Block, Wood
- Basement: Yes
- Basement Desc.: Full
- Roof: Composition Shingle, Rubberized
- Ceiling Height: 9
- Stories in Building: 2
- Square Feet: 4,000
- Aprox. Leasable: 4,000 Sq. Ft.
- Office: 100 Sq. Ft.
- Year Built: 1940
- Remodeled/Updated: 2025
Lot Features
- Lot Size (Acres): 0.1
- Lot Size: 35X119
- Zoning: mixed
Financial Considerations
- Price Per Sq. Ft.: $358
- Assessment Amount: $502,900
- Land Assmt: $181,300
- Tax Amount: $10,143
- Tax Year: 2025
- Pays Utilities: Other
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 2904-00119-0000-00003-0000-
- Block: 119
- Lot Number: 3
Listed by Re/Max New Millennium Group
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Schools
Schools serving 1452 Lower Rd
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 18, Robert Morris Elementary School 860 Cross Avenue, Elizabeth, NJ 07208 | PK-8 | 0.4 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 1.5 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1.8 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1.8 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 2 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 2 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 2.6 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 1452 Lower Rd
Date
Details
Price
Change
Source
7/17/2026
Listed
$1,495,000
498%
MLS
6/06/2019
Sold
$250,000
—
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 1452 Lower Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,143
-36%
$502,900
869%
2022
$15,870
2%
$51,900
—
2021
$15,543
2%
$51,900
—
2020
$15,192
2%
$51,900
—
2019
$14,960
1%
$51,900
—
2018
$14,814
3%
$51,900
—
2017
$14,401
—
$51,900
—
2016
$14,402
6%
$51,900
—
2015
$13,545
9%
$51,900
—
2013
$12,403
—
$51,900
—
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 1452 Lower Rd
1452 Lower Rd, Elizabeth, NJ 07208 (MLS# 4040663) is a Business property. 1452 Lower Rd is currently listed for $1,495,000 and was received on July 17, 2026. Want to learn more about 1452 Lower Rd? 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.

