CCertihomes
701 Spring Street, Elizabeth, NJ 07201

$160,000

0 beds 0 baths 1,500 sqft28 days on marketActive

About this home

Exciting opportunity to own a fully operational fried chicken restaurant in the heart of Elizabeth! Located on busy Spring Street, this business offers strong foot traffic, excellent visibility, and a loyal customer base. This unique concept blends the bold flavors of Chipotle-style customization with the crave-worthy appeal of crispy, juicy fried chicken. Customers love building their own bowls, wraps, and platters with fresh toppings, signature sauces, and perfectly seasoned chicken. 🌟 Business Highlights: Turnkey operation - ready for immediate takeover Fully equipped commercial kitchen Established concept with strong branding potential Great mix of dine-in, takeout, and delivery business Prime high-traffic location Affordable price at $160, 000 This is perfect for an owner-operator or investor looking to step into a fast-growing fast-casual concept. With the right marketing and expansion, there is strong potential to grow revenue even further.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$2,108/mo

Real estate (PITI + HOA + PMI)
$1,714
Principal + interest$1,031
Property tax + insurance$623
PMI / 2nd mortgage$60
Utilities
$451
Heating + cooling$96
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$157
Car insurance + maintenance$157
Other (entertainment)
$143
$2,108/mo TLC
Budget$5,000/mo
Remaining after TLC$2,892/mo
Purchase price
$160,000
Down payment
$8,000 (5%)
Loan amount
$152,000
APR
7.19%

Quick facts

Type
Commercial
Style
Year built
Lot size
Stories
1
Heating
Forced Air
Cooling
Central Air
Water
Public
HOA
Annual tax
$5,000
MLS #
2611094R
County
Union

At a glance

Air conditioning

Home features

Flooring
Wood
Roof
Asphalt
Sewer
Public Sewer

Lot features

Near Public Transit, Near Shopping, Commercial Area, Highway Location

Neighborhood — 07201

MetricThis ZIPCountyUSA
Population30,4458,832,837299,088,112
Population Change Since19909.00%14.00%20.00%
Population Density5,7391,137
Male15,8634,307,827147,432,321
Female14,5824,525,010151,655,844
Never Married8,4871,965,81163,775,926
Married8,1423,647,435123,120,365
Separated3,628391,23912,639,686
Widowed1,344515,17215,467,586
Divorced2,074529,39323,075,029
Number Of House Hold9,3423,167,345111,826,380
Average House Hold Size3.032.732.60
Medial Age31.5937.1535.46
Median House Hold Income$36,581$63,392$48,276
Average House Hold Income$49,154$83,312$63,629
P C I$16,318$30,662$24,529
M D I$32,389$52,505$41,133
A T H E$43,131$61,369$50,898
S T R7.00%7.00%
W C J81.94%81.02%77.74%
(Zip) Code
7201

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 2/19/2026. Provided courtesy of J.J. ELEK REALTY CO. via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

701 Spring Street · Elizabeth — $160,000 · Certihomes