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Bar and Lounge with Enclosed Patio
For Lease
$700,000

246 Mulberry Street, Newark, NJ 07102

A prep kitchen, two private bathrooms, and a separate enclosed patio support the lounge’s existing configuration.

Space SizeContact for details
Days on Market138

Property Features for 246 Mulberry Street

General Information

Standard status Active
Property subtype Retail

Site & Location

Neighborhood Central Business District

Taxes and HOA fees

Annual Taxes $7,398
Listing Agency: EXP Realty, LLC
Listed By: Dean Clark · License #0681077
Source: Tkregroupinc
Added: Jun 18 Changed: Nov 1 Last Checked: Nov 1 at 3:04PM

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 EXP Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

This 1,800-square-foot bar and lounge has a linear interior arranged around a main gathering area, a dry bar, and a rear prep kitchen. Interior finishes include marble-patterned flooring, brick and textured masonry walls, wood detailing at the bar, and leather booths. Two private bathrooms serve the space.

The kitchen includes a multi-compartment sink, glassware shelving, and refrigeration space. An enclosed patio extends the layout at the rear of the property. The site is identified as being within a redevelopment zone.

Key Highlights

  • 1,800‑square‑foot bar and lounge
  • Main lounge with dry bar and leather booths
  • Prep kitchen includes a multi‑compartment sink, glassware shelving, and refrigeration space

Property Analytics

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Open Analytics

Current Use

Western Affordable Dentistry Dental Office Taylour Peighton Lounge Bar & Pub

Suggested Use

Top Pick Veterinary Clinic Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Pet Store & 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,920
Businesses Nearby
208k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Shops & Services 36% Hotels & Casinos 12% Apparel 6%
McDonald's Dining
45,223 visits/mo 0.3 miles
DoubleTree by Hilton Newark Penn Station Hotels & Casinos
16,051 visits/mo 0.4 miles
Exxon Shops & Services
11,797 visits/mo 0.2 miles
Starbucks Dining
11,346 visits/mo 0.5 miles
Bank of America Shops & Services
11,294 visits/mo 0.5 miles

Demographics for 07102, NJ

15,047
Population
6,574
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
82%
High-School Grad
1.1 sq mi
ZIP Area
13,679
Density / Sq Mi
$37,093
Median Household Income
$42,234
Median Earnings
$1,141
Median Rent
$293,900
Median Home Value
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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

Similar Off Market Nearby

  • The Village Bar & Restaurant — 454 Mulberry St, Newark, NJ 07114
  • Europa Liquors — 157 Pacific St, Newark, NJ 07105
  • San Diablo Lounge — 113 Delancy St, Newark, NJ 07105
  • Zip Zip Snack Bar — 351 Chestnut St, Newark, NJ 07105
  • Mamazzita | Ecuadorian Cuisine — 383 Chestnut St, Newark, NJ 07105

Frequently Asked Questions

What type of property is this?
Bar & Pub - A prep kitchen, two private bathrooms, and a separate enclosed patio support the lounge’s existing configuration.
Where is this bar & pub located?
The property is located at 246 Mulberry Street Newark, NJ.
What is the lease rate?
The lease rate is $700,000.
What are key features of this property?
This property features: 1,800‑square‑foot bar and lounge; Main lounge with dry bar and leather booths; Prep kitchen includes a multi‑compartment sink, glassware shelving, and refrigeration space
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