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    Newark, NJ
    Grocery Store

    Newark, NJ Grocery And Convenience Stores for Sale

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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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    This listing looks promising.

    Here's a quick look at some key insights for

    566 Hawthorne Ave, Newark City, NJ 07112

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $106K
      Annual

    • Mortgage

      $545K
      Jul 2025

    • Last Sold

      Jul 2025
      $650K
    View Property Analytics
    Mixed-Use Retail and Residential Building
    Updated: Jun 8
    Mixed-Use Retail and Residential Building

    199 Summer Ave, Newark, NJ 07104

    $649,500
    0.06 AC lot
    Two‑unit mixed‑use property with ground‑floor commercial and second‑floor residential space
    Ground‑floor commercial leased to a neighborhood grocery store with 12 years remaining on the lease and 3% annual rent escalations (business not for sale)
    Second‑floor residential unit has 4 bedrooms and is rented month‑to‑month
    Current monthly income: $3,550 from the commercial unit and $2,420.50 from the residential unit
    Public utilities: public water and public sewer
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    Mixed-Use Quadplex with Convenience Store
    Mixed-Use Quadplex with Convenience Store

    661 SOUTH 18TH STREET Unit 0, Newark, NJ 07103

    $899,900
    8,500 sqft

    Four residential units plus a ground-floor convenience store, with off-street parking via private driveway and detached garage.

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    Newark Investment Opportunity
    Newark Investment Opportunity

    391 Hawthorne Ave, Newark, NJ 07112

    $900,000
    4,500 sqft 0.12 AC lot

    Turnkey property with rental income potential in Newark.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Profitable Liquor Store on Ferry
    Profitable Liquor Store on Ferry

    114 Ferry St, Newark, NJ 07105

    $1,100,000

    Turnkey liquor store with growth potential near Newark Penn Station.

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

    955 Frelinghuysen Avenue # 957, Newark, NJ 07114

    $1,350,000

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

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Newark, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    View details
    Profitable Mixed-Use Property with License
    Profitable Mixed-Use Property with License

    500 Chandler Ave, Roselle, NJ 07203

    $1,100,000
    0.07 AC lot

    Mixed-use property featuring a deli/liquor store and residential units.

    View details
    Established Farmers' Market For Sale
    Established Farmers' Market For Sale

    711 1st, Roselle, NJ 07203

    $250,000

    Well-established farmers' market with high sales volume and growth potential.

    View details
    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.

    View details

    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.

    Rahway Commercial Land For Sale
    Rahway Commercial Land For Sale

    735 E Hazelwood Avenue, Rahway, NJ 07065

    $859,999

    High-visibility commercial land parcel in Rahway, suitable for development.

    View details
    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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    Prime Commercial Lots in Dayton
    Prime Commercial Lots in Dayton

    3803 Us 1, Dayton, NJ 08810

    $650,000
    11.50 AC lot

    Three commercial lots totaling 11.5 acres in a prime location.

    View details
    Monroe Township Development Opportunity
    Monroe Township Development Opportunity

    380 MOUNTS MILLS RD, Monroe Twp, NJ 08831

    $1,890,000
    4 sqft 4.21 AC lot

    4.21-acre commercial development site in Monroe Township, New Jersey.

    View details

    Newark, NJ Grocery And Convenience Stores Market Trends and Statistics

    Explore 7 grocery and convenience stores for sale in Newark, NJ, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 17,941 square feet of properties for sale, with an estimated market value of $2,999,900.

    Sale prices for supermarkets in Newark, NJ start at $899,900, averaging $999,966, 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 34
    Automotive properties 13
    Auto shops 9
    Grocery and convenience stores 8
    Shopping centers 2

    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
    07103 $886.3K
    07112 $1.1M
    07114 $1.4M

    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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    Popular Searches in Newark, NJ

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    Most Searched ZIP Codes in Newark, NJ

    • 07112
    • 07104
    • 07103
    • 07105
    • 07114

    Featured Newark Real Estate Agencies

    Realmo connects you with licensed Newark CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Rosa Agency Ironbound LLC
    360 Lafayette St Newark, NJ 07105
    Phone: 19735897550
    Logistics Real Estate Services LLC
    Newark, NJ 07105

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