Mixed-Use Property with
257 Clinton Avenue, Newark, NJ 07108
For Sale
New
Contact for pricing
The property combines a restaurant and lounge with two residential rental units and a separately deeded parcel.
Property SizeContact for details
Days on Market4
Property Features for 257 Clinton Avenue
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Restaurant
Equipment Included
Liquor License
Additional Details
Business Included
Building Details
Year Built
Listing Agency:
Better Homes and Gardens Real Estate Elite
Listed By:
Jazmine Clausen-Soir · License NJ #1750907
(732) 646-3455
Source:
Capmarkrealty
Added: Nov 10
Last Checked: Nov 12 at 4:53AM
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 Better Homes and Gardens Real Estate Elite
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Investment Insights
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This mixed-use property brings together a restaurant, bar and lounge with two residential rental units. The restaurant includes a fully owned equipment package, with items such as a fire suppression system, dishwasher, two six-burner ranges, two fryers, an espresso machine and a dough mixer. A basement prep kitchen has two walk-in boxes, while a fenced, gated liquor storage area and camera-based security system serve the lower level. The mezzanine includes a DJ booth and tables overlooking the bar. Separate utilities serve the property, and the liquor license is included.
The real estate and business are offered together, along with separately deeded land. Approved building plans are available for expansion. The building dates to 1950.
The real estate and business are offered together, along with separately deeded land. Approved building plans are available for expansion. The building dates to 1950.
Key Highlights
- Restaurant, bar and lounge with two residential rental units
- Fully owned kitchen equipment includes two six‑burner ranges, two fryers, an espresso machine and a dough mixer
- Basement prep kitchen with two walk‑in boxes
Property Analytics
Who owns this building?
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
1,575
Businesses Nearby
61k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Dining 25%
Groceries 17%
Apparel 10%
Dunkin' Donuts
Dining
15,034 visits/mo
0.5 miles
Superfresh
Groceries
10,331 visits/mo
0.3 miles
Family Dollar
Shops & Services
8,600 visits/mo
0.3 miles
Rainbow
Apparel
5,855 visits/mo
0.3 miles
Mobil
Shops & Services
5,463 visits/mo
0.4 miles
Demographics for 07108, NJ
28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Newark, NJ
Properties on Market for Mixed-use properties in Newark
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines a restaurant and lounge with two residential rental units and a separately deeded parcel.
Where is this mixed-use property located?
The property is located at 257 Clinton Avenue Newark, NJ.
What are key features of this property?
This property features: Restaurant, bar and lounge with two residential rental units; Fully owned kitchen equipment includes two six‑burner ranges, two fryers, an espresso machine and a dough mixer; Basement prep kitchen with two walk‑in boxes
