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    Conventional Restaurant

    Newark, NJ Conventional Restaurants for Sale

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    Mixed-Use Property on Park Avenue
    Updated: Apr 13
    Mixed-Use Property on Park Avenue

    294 Park Ave, Newark, NJ 07107

    $650,000
    2,139 sqft
    High‑traffic location on Park Avenue near the Light Rail Station and Branch Brook Park.
    Mixed‑use property suitable for investors or owner‑operators.
    Fully equipped, ready‑to‑operate BBQ restaurant on the first floor.
    Well‑maintained three‑bedroom apartment with hardwood floors and HVAC.
    Potential for multiple income streams.
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    Mixed-Use Property in Newark
    Updated: Mar 5
    Mixed-Use Property in Newark

    217 Frelinghuysen Ave, Newark, NJ 07114

    $2,249,000
    8,593 sqft
    Mixed‑use property featuring an established diner/restaurant and two residential apartments.
    Diner/restaurant includes a liquor license.
    Located on a well‑traveled avenue in Newark.
    Multiple income streams from commercial and residential units.
    Two‑story building.
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    Turnkey Restaurant Opportunity in Newark
    Turnkey Restaurant Opportunity in Newark

    946 Broad St, Newark, NJ 07102

    $400,000
    2,447 sqft

    Fully equipped restaurant for sale in downtown Newark.

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    See hot listings in Newark

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Multi-Tenant Retail and Restaurant
    Multi-Tenant Retail and Restaurant

    347 Sanford Avenue, Newark, NJ 07106

    Contact for pricing
    2,495 sqft

    Single-story multi-tenant building with two retail storefronts and one occupied restaurant.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    47 Malvern St, Newark, NJ 07105

    $1,585,000

    Two residential units sit above ground-floor commercial space occupied by a hair salon and restaurant.

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    Corner Restaurant Space with Basement
    Corner Restaurant Space with Basement

    40-42 Fleming Ave, Newark, NJ 07105

    Contact for pricing

    Full basement supports storage or additional business operations.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Restaurant Space with Full Kitchen
    Restaurant Space with Full Kitchen

    1085 Broad Street, Newark, NJ 07104

    Contact for pricing

    Former restaurant layout includes a lower-level area and a separate room for cold storage or freezer use.

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    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    473 Clinton Ave, Newark, NJ 07108

    Contact for pricing

    Mixed-use property featuring a restaurant and two apartments.

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    Turnkey Restaurant in Downtown Newark
    Turnkey Restaurant in Downtown Newark

    1 William Street, Newark, NJ 07102

    Contact for pricing

    Established Japanese curry restaurant for sale in prime downtown location.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Newark, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Established Restaurant with Outdoor Area
    Established Restaurant with Outdoor Area

    1452 Lower Rd, Elizabeth, NJ 07208

    $1,495,000
    4,000 sqft

    Restaurant building with takeout setup, outdoor area, and second-floor space for private parties and events.

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    Turnkey Restaurant Opportunity in Elizabeth
    Turnkey Restaurant Opportunity in Elizabeth

    701 Spring Street, Elizabeth, NJ 07201

    $160,000
    1,500 sqft

    Fully operational fried chicken restaurant for sale in Elizabeth, NJ.

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    Restaurant Storefront with Exhaust
    Restaurant Storefront with Exhaust

    534 Kearny Avenue, #STORE RIGHT, Kearny, NJ 07032

    Contact for pricing
    700 sqft

    Existing food-service infrastructure includes plumbing, electrical service, an exhaust fan, and a full bathroom.

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    Restaurant with Liquor License
    Restaurant with Liquor License

    202 Kearny, Kearny, NJ 07032

    Contact for pricing

    Turnkey restaurant with high visibility and outdoor seating.

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    Newark, NJ Conventional Restaurants Market Trends and Statistics

    Explore 9 conventional restaurants for sale in Newark, NJ, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 15,674 square feet of properties for sale, with an estimated market value of $4,884,000.

    Sale prices for conventional restaurants in Newark, NJ start at $400,000, averaging $1,221,000, and reaching up to $2,249,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 12
    Bars & Pubs 11
    Commercial kitchens 4
    Coffee shops 1
    Turn key restaurants 1

    Demographics Overview

    Population 307K
    Population Growth (5Y) +8.9%
    Median Household Income $47,918
    College Educated 9.5%

    High-Yield Neighborhoods for Investment

    Identify Newark submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07102 $203.9K
    07108 $425K
    07104 $545K
    07107 $650K
    07105 $700K

    Taxes & Financing

    Tax Rate (average for all types) 3.63%
    Property Tax per SF $23.25 per SF
    Tax Rate vs County Average 0.60 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Essex County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Newark fall within the Under 2,500 square foot range.

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    Most Searched ZIP Codes in Newark, NJ

    • 07102
    • 07105
    • 07106
    • 07107
    • 07108
    • 07114

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