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$1,150,000
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Property Description
Location, Location, Location! Don't miss this rare opportunity to own Iconic Dara's Caterers and Deli a true turnkey operation and proud recipient of Elizabeth's Best of 2024 award by NJ.com. This beloved business has been family-owned and operated for over 50 years, boasting a loyal, established customer base and an unmatched track record of success in the industry. The sale includes real estate, all equipment, inventory, licenses, recipes, and client list, with the seller offering staff in place and full training to ensure a seamless transition for the new owner. The upside potential is significant: currently limited hours of operation (10AM to 4PM) leave tremendous room to grow by adding breakfast and dinner service, an already-installed pizza oven sits ready to fire up, and third-party delivery platforms offer an immediate path to boost profits further. The building itself is meticulously maintained, with a spacious 2nd floor featuring 3 bedrooms and a generously sized living room, dining room, and kitchen delivered vacant at closing. The basement adds even more value with an outside entrance and ample storage space, while 8 tandem parking spaces make this property as functional as it is charming. This is a rare chance to step into a thriving, award-winning business with 50+ years of goodwill built in. All financial information will be released upon pre-approval, proof of funds, and signing a confidentiality letter of agreement. All appointments are a must.
Full Property Details
Full Property Details for 452 North Ave
General
- Price: $1,150,000
- Taxes: $14,123 (2025)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4054728
- Updated: 9/23/2026
- Added to Site: 21 day(s) ago
Business
- Includes: Building & Business, Equipment, Operating Licenses
Rental Information
- Lease/Rent Term: Other
- Lease Terms: Month-To-Month, See Remarks
Rooms
Bathrooms
- Total Bathrooms: 2
- Restrooms: 3
Additional Information
- Equipment: Appliances, Fire Alarm, Fixtures, Furniture, Kitchen Area, Restrooms - Private, Security System, Sprinkler System
Exterior
- Color: Beige
Parking
- Garage Spaces: 6
- Total Spaces: 8
- Parking: Additional Parking, Fencing, Off-Street Parking, On-Street Parking
Location
- County: Union
- Subdivision: Elmora Section
- Driving Directions: North Ave between Bailey Ave and oneway Floral St near Kean University
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: 1 Unit, Wall A/C Unit(s), Window A/C(s)
- Heating Type: 1 Unit, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: All Underground, Cable TV
Structural Information
- Construction: Brick/Block
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Storage, Unfinished, Walk-Out
- Roof: Asphalt Shingles
- Ceiling Height: 99
- Doors: 99
- Door Dimensions: 99
- # Loading Docks: 99
- Bays: 99
- Stories in Building: 2
- Square Feet: 999
- Aprox. Leasable: 999 Sq. Ft.
- Office: 99 Sq. Ft.
- Year Built: 1910
Unit Information
- 3 Bedroom Units: 1
- Units w/Full Bath: 1
- Units w/Half Bath: 1
Lot Features
- Lot Size: 58.20X110.90 X IRR
- Permitted Use: Restaurant, catering and Delivery
- Zoning: Residential
- Lot Description: Level Lot
Financial Considerations
- Price Per Sq. Ft.: $99
- Expenses: Accounting/Legal, Advertising, Electricity, Gas/Oil, Insurance, Payroll, Taxes, Water/Sewer
- Assessment Amount: $700,200
- Land Assmt: $227,900
- Tax Amount: $14,123
- Tax Year: 2025
- Owner Pays: Heat, Maintenance-Common Area, Sewer, Water
- Tenant Pays: Electric, Gas
- Pays Utilities: Other
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses
- Disclosures: Yes
- APN: 2904-00077-0000-00012-0000-
- Block: 77
- Lot Number: 12
Listed by The Real Estate Company
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Schools
Schools serving 452 North Ave
School District:Elizabeth City School District
| Name | Grades | Distance |
|---|---|---|
Number 12, Elmora Elementary School 638 Magie Avenue, Elizabeth, NJ 07208 | PK-8 | 0.2 mi |
A Hamilton Preparatory Academy 310 Cherry Street, Elizabeth, NJ 07208 | 9-12 | 0.5 mi |
T Jefferson Arts Academy 27 Martin Luther King Junior Boulevard, Elizabeth, NJ 07201 | 9-12 | 1.2 mi |
Elizabeth High School 40 Morrell Street, Elizabeth, NJ 07202 | 9-12 | 1.2 mi |
Adm W F Halsey Leadership Academy 641 South Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
John E Dwyer Tech Academy 123 Pearl Street, Elizabeth, NJ 07202 | 9-12 | 1.3 mi |
T A Edison Career Tech Academy 625 Summer Street, Elizabeth, NJ 07202 | 9-12 | 1.7 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 452 North Ave
Date
Details
Price
Change
Source
9/23/2026
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 452 North Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,123
1%
$700,200
1436%
2022
$13,944
2%
$45,600
—
2021
$13,656
5%
$45,600
—
2018
$13,016
3%
$45,600
—
2017
$12,653
—
$45,600
—
2016
$12,654
6%
$45,600
—
2015
$11,901
-9%
$45,600
—
2019
$13,144
21%
$45,600
—
2013
$10,897
—
$45,600
—
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 452 North Ave
452 North Ave, Elizabeth, NJ 07208 (MLS# 4054728) is a Retail property. 452 North Ave is currently listed for $1,150,000 and was received on September 23, 2026. Want to learn more about 452 North Ave? Do you have questions about finding other Retail real estate for sale in Elizabeth? You can browse all Elizabeth real estate or contact a Coldwell Banker agent to request more information.

