Grocery Store

Newark, NJ Grocery And Convenience Stores for Sale

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Harrison, NJ East Newark, NJ Kearny, NJ Irvington, NJ East Orange, NJ Bloomfield, NJ Hillside, NJ Belleville, NJ
Two-Unit Mixed-Use Property
Updated: Jun 8
Two-Unit Mixed-Use Property

199 Summer Ave, Newark, NJ 07104

$649,500
0.06 AC lot
Two‑unit mixed‑use building with commercial and residential components
Ground‑floor grocery tenant has 12 years remaining on the lease
Commercial lease includes 3% annual rent increases
Four‑bedroom residential unit with one full bathroom and den/office
Residential unit is leased month to month
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Mixed-Use Property with Grocery Store
Updated: May 7, 2025
Mixed-Use Property with Grocery Store

566 Hawthorne Ave, Newark, NJ 07112

$1,200,000
4,941 sqft
Existing grocery store/retail space (2880 sqf) with new shelving, signage, and equipment (3‑door fridge, custom counter, deli prep table, POS kiosk, security system).
Three renovated apartments (one 1‑bedroom, two 2‑bedroom) providing immediate rental income potential.
Parking lot generates $2,000 monthly income from truck parking.
Parking lot is approved for building a 2‑family home, offering expansion or development opportunity.
Total property square footage of 4,941 provides substantial space for commercial and residential use.
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Two-Unit Mixed-Use Building
Two-Unit Mixed-Use Building

199 Summer Ave, Newark, NJ 07104

$649,500

Two-unit property with a leased ground-floor grocery and a rented 4-bedroom residence above.

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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.

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Liquor Store with Building For Sale
Liquor Store with Building For Sale

955 Frelinghuysen Avenue # 957, Newark, NJ 07114

Contact for pricing

Liquor store with building, license, fixtures, and coolers included.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 Active listings in Newark, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Five-Unit Retail Building
Five-Unit Retail Building

1921 Morris Ave, Union, NJ 07083

$1,450,000
3,870 sqft

Five separate retail units with independent utilities, entrances, and parking support a flexible owner-occupier or investment strategy.

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Restaurant with Second-Floor Residence
Restaurant with Second-Floor Residence

452 North Ave, Elizabeth, NJ 07208

$1,150,000

The sale includes restaurant equipment, inventory, licenses, recipes, and an established client list.

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Renovated Mixed-Use Investment Opportunity
Renovated Mixed-Use Investment Opportunity

930 E Grand St, Elizabeth, NJ 07201

$950,000
3,885 sqft

Fully renovated mixed-use property in central Elizabeth, NJ with income potential.

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Union Retail Property For Sale
Union Retail Property For Sale

1774 Burnet, Union, NJ 07083

$4,080,000

Retail property in a busy Union district, built in 1972.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Brooklyn Vacant Lot For Sale
Brooklyn Vacant Lot For Sale

2828 Fulton Street, Brooklyn, NY 11207

$299,000
0.03 AC lot

Vacant lot in Brooklyn zoned for commercial and residential use.

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Corner Commercial Land
Corner Commercial Land

3803 Us 1, Dayton, NJ 08810

$650,000
11.50 AC lot

C-3-zoned land at a signalized? intersection with highway and local-road access.

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Newark, NJ Grocery And Convenience Stores Market Trends and Statistics

Explore 4 grocery and convenience stores for sale in Newark, NJ, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 4,941 square feet of properties for sale, with an estimated market value of $2,499,000.

Sale prices for supermarkets in Newark, NJ start at $649,500, averaging $833,000, and reaching up to $1,200,000 — 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

Storefront properties 55
Automotive properties 7
Auto shops 5
Grocery and convenience stores 4
Car washes 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
07104 $649.5K
07112 $1.2M

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)

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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