45 Freeman Street, West Orange, NJ 07052
None · Essex County
Key Facts
Description
Dillons Tavern New to the market. Well established Tavern with package good liquor license, kitchen, real estate with large residential apartment included. Don't miss your chance to own a beloved neighborhood destination with authentic charm and growth potential. Dillons Tavern has proudly served the West Orange Valley community for more than four decades. Known for its welcoming atmosphere and loyal following, it's become a go-to gathering spot for locals and sports enthusiasts. Everyone is welcome at Dillons. Operating continuously with a proven track record, this turnkey operation offers both immediate cash flow and long-term asset appreciation. It is situated in the Valley Arts District, a 15-block area straddling Orange and West Orange, a vibrant area area straddling Orange and West Orange, a vibrant area known for its walkability and proximity to local amenities, and just two short blocks from the New York Mid-town Direct Train. This Tavern has over 250 new apartments as its neighbor and additional new residential units planned. This area is booming and a perfect opportunity for experienced hands-on operator to dramatically increase business. The current owners are seeking retirement, creating a rare opportunity for the next operator to step into a turnkey business with deep local roots and a growing commercial and residential area ripe for new growth. Key Assets Included: " Prime real estate ownership - valuable property asset included in sale " Active NJ liquor license Bar and package goods - a significant barrier to entry worth substantial value " Fully equipped kitchen - ready for immediate operation " Complete bar setup - no additional equipment investment required " Furniture, Fixture & Equipment (FF&E) Included in sale DETAILED INFORMATION Location - West Orange, New Jersey Inventory - Not Included in asking price Real Estate - Owned Facilities - Bar, backyard and residential apartment
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1921
Living Area
1,579 sq ft
Lot Size
0.17 acres
Lot Dimensions
50 x 150
Ownership
Corporate
Days on Market
131
MLS® Listing#
22600707
Property Features
Exterior
Appliances
Cooling
Heating
Basement
Parking
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$14,113
Tax year 2024
Parcel Number
22-00041-03-00077
Directions
GPS to 45 Freeman Street West Orange
Affordability Calculator
$180,000
Estimated monthly payment
$4,790/mo
Principal $719,999 · Est. interest $1,004,463 over 30 yrs
Location
- 45 Freeman Street, West Orange, NJ 07052
Getting Around
Points of Interest in West Orange, NJ
Showing the West Orange area map.
Nearby Schools
Forest St Elementary
Elementary · 0.1 mi away
Hazel Avenue Elementary School
Elementary · 0.2 mi away
Lincoln Avenue Elementary School
Elementary · 0.3 mi away
Orange Public Schools
School · 0.4 mi away
Orange Board of Education
School · 0.4 mi away
Orange Middle School
School · 0.4 mi away
Orange High School
Secondary · 0.5 mi away
Seton Hill Preparatory School
Secondary · 0.5 mi away
Roosevelt Middle School
Secondary · 0.5 mi away
Lincoln Avenue Elementary School
Elementary · 0.5 mi away
Gregory Elementary School
Elementary · 0.6 mi away
Golda Och Academy Lower School
School · 0.7 mi away
Heywood Avenue Elementary School
Elementary · 0.7 mi away
South Orange Country Day School
Elementary · 0.9 mi away
Main Street School
Secondary · 0.9 mi away
Central Elementary School
Elementary · 0.9 mi away
Gumedia Nutritional Sciences School
School · 1.0 mi away
Kelly Athletic Complex
School · 1.0 mi away
Montrose School
School · 1.1 mi away
Oakwood Avenue Elementary School
Elementary · 1.2 mi away
Commute Calculator
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| 232 Ridge Road, West Milford Twp., NJ | $644,500 | 5 | 3 | 2,653 |
Moving Cost Estimate
EXIT Agents in West Orange
Listing Courtesy: Arthur Rue Agency - 7327930473
Presented by: Anthony Conselice