Downtown Newark Restaurant
For Sale
Contact for pricing
Pending
27 Academy St, Newark, NJ 07102
Restaurant space in high-traffic Newark location near transportation.
Property Size900 SF
Days on Market184
Property Features for 27 Academy St
General Information
Standard status
Pending
Size
900 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Stories
1
Units
1
Listing Agency:
Weichert Realtors Home City
(201) 293-6333
Listed By:
Augusto Verissimo · License #9591085
Source:
Crexi
Added: Feb 10
Changed: Aug 12
Last Checked: Aug 11 at 12:37PM
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 Weichert Realtors Home City
Investment Insights
Based on property information with market context.
This 900 square-foot commercial property presents an opportunity to establish or expand a business in a high-visibility downtown Newark location. The property benefits from its location near major traffic routes, residential neighborhoods, and local businesses, making it suitable for a restaurant, cafe, or deli. Situated in a busy area, the property is a few blocks from Newark Penn Station, a major transportation hub serving NJ Transit, Amtrak, and PATH. The surrounding area includes restaurants, cafes, office buildings, and entertainment venues, with Prudential Center and NJPAC within walking distance. The location benefits from constant pedestrian activity and a vibrant urban atmosphere. The area combines established local businesses with ongoing redevelopment, creating a dynamic marketplace for food and retail concepts.
Key Highlights
- Prime Downtown Newark location with high visibility and strong foot traffic.
- Close proximity to Newark Penn Station (NJ Transit, Amtrak, PATH).
- Ideal for restaurant, cafe, or deli concept.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,207
Businesses Nearby
154k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 46%
Dining 37%
Shops & Services 14%
Apparel 2%
ShopRite
Groceries
69,926 visits/mo
0.4 miles
McDonald's
Dining
28,705 visits/mo
0.5 miles
Dunkin' Donuts
Dining
13,853 visits/mo
0.3 miles
Bank of America
Shops & Services
11,294 visits/mo
0.4 miles
Dollar General
Shops & Services
7,277 visits/mo
0.3 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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Sunrise Catering Unltd — 624 Dr Martin Luther King Jr Blvd, Newark, NJ 07102
- Just-Us Catering & BBQ — 40 Clinton St, Newark, NJ 07102
- FromScratchWCN — 625 Broad St Suite 240, Newark, NJ 07102
- PG Catering LLC (in New York and New Jersey) — 232 Jersey St, Harrison, NJ 07029
- Famous Bartending School Newark NJ — 25 Prospect St, Newark, NJ 07105
Frequently Asked Questions
What type of property is this?
Restaurant - Restaurant space in high-traffic Newark location near transportation.
Where is this restaurant located?
The property is located at 27 Academy St Newark, NJ.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Prime Downtown Newark location with high visibility and strong foot traffic.; Close proximity to Newark Penn Station (NJ Transit, Amtrak, PATH).; Ideal for restaurant, cafe, or deli concept.
