Search
Operating Bar/Lounge in Ironbound
For Sale
$399,900
Pending

157 Wilson Ave, Newark, NJ 07105

Fully operational bar/lounge with liquor license in Newark's Ironbound.

Property SizeContact for details
Days on Market268

Property Features for 157 Wilson Ave

General Information

Standard status Pending
Property subtype Other
Listing Agency: ROSA AGENCY
Listed By: CARLA FERREIRA
Source: Elliman
Added: Nov 27, 2025 Changed: Jul 6 Last Checked: Aug 21 at 12:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ROSA AGENCY

Investment Insights

Based on property information with market context.

This is an opportunity to own a fully operational bar/lounge located in the Ironbound Section of Newark. The established venue includes a liquor license, bar equipment, and furnishings, making it ready for immediate operation. The property is strategically located in a high-traffic area known for its nightlife and dining scene. This space is suitable for entrepreneurs, investors, or hospitality professionals looking to expand or start a new venue. The intended use of the property is for a bar/lounge.

Key Highlights

  • Fully operational bar/lounge ready for immediate operation.
  • Includes a liquor license.
  • Located in a high‑traffic area in Newark's Ironbound Section.

Property Analytics

Current Use

Fix Bar Lounge Bar & Pub

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Nursing Home Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,287
Businesses Nearby
78k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 70% Apparel 13% Dining 10% Electronics 7%
BP Shops & Services
14,035 visits/mo 0.5 miles
Bank of America Shops & Services
13,516 visits/mo 0.5 miles
AutoZone Shops & Services
9,499 visits/mo 0.3 miles
The Children's Place Apparel
7,082 visits/mo 0.4 miles
Sunoco Shops & Services
6,047 visits/mo 0.2 miles

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • The Corner Bar and Lounge 65 Houston St, Newark, NJ 07105
  • Mamazzita | Ecuadorian Cuisine 383 Chestnut St, Newark, NJ 07105
  • San Diablo Lounge 113 Delancy St, Newark, NJ 07105
  • Zip Zip Snack Bar 351 Chestnut St, Newark, NJ 07105
  • Taste of Portugal 148 Delancy St, Newark, NJ 07105

Frequently Asked Questions

What type of property is this?
Bar & Pub - Fully operational bar/lounge with liquor license in Newark's Ironbound.
Where is this bar & pub located?
The property is located at 157 Wilson Ave Newark, NJ.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Fully operational bar/lounge ready for immediate operation.; Includes a liquor license.; Located in a high‑traffic area in Newark's Ironbound Section.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message