Freestanding Restaurant Building in
For Lease
$3,600/Mo
285 Mayor Gibson, Newark, NJ 07104
Restaurant-ready building in revitalizing Newark neighborhood with high visibility.
Space SizeContact for details
Lot Size0.06 Acres
Days on Market373
Property Features for 285 Mayor Gibson
General Information
Standard status
Active
Lot size
0.06 Acres
Taxes and HOA fees
Annual Taxes
$6,716
Building Details
Year Built
1930
Listing Agency:
3SIXTY REALTY LLC
(973) 969-3363
Listed By:
JAMILLE HERNANDEZ
Source:
Corcoran
Added: Aug 20, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:35AM
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 3SIXTY REALTY LLC
Investment Insights
Based on property information with market context.
This freestanding building, intended for restaurant use, is located in Newark's North Ward. The property benefits from high visibility and heavy foot and vehicle traffic. The space includes a dining area, kitchen connections, a bathroom, and an office. Off-street parking is available. Previously a profitable restaurant, the property is situated in a revitalizing area with ongoing development and increasing foot traffic. The landlord is flexible and willing to make accommodations to help set up your business for success.
Key Highlights
- Prime location in Newark's North Ward with high visibility and heavy foot/vehicle traffic.
- Freestanding building designated for restaurant use.
- Spacious dining area, kitchen connections, bathroom, and office included.**
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,405
Businesses Nearby
80k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Groceries 37%
Shops & Services 11%
Electronics 3%
McDonald's
Dining
28,803 visits/mo
0.5 miles
Twin City Supermarket
Groceries
18,022 visits/mo
0.4 miles
Food Fair Fresh Market
Groceries
11,554 visits/mo
0.4 miles
White Castle
Dining
10,051 visits/mo
0.5 miles
Exxon
Shops & Services
8,964 visits/mo
0.2 miles
Demographics for 07104, NJ
54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- GBCuisine — 1429 McCarter Hwy, Newark, NJ 07104
- We So Keto — 699-701 Degraw Ave, Newark, NJ 07104
- Melanie's Restaurant — 675 Mt Prospect Ave, Newark, NJ 07104
- Daily Catering Services — 19 Honiss St, Belleville, NJ 07109
Frequently Asked Questions
What type of property is this?
Restaurant - Restaurant-ready building in revitalizing Newark neighborhood with high visibility.
Where is this restaurant located?
The property is located at 285 Mayor Gibson Newark, NJ.
What is the lease rate?
The lease rate is $3,600/Mo.
What are key features of this property?
This property features: Prime location in Newark's North Ward with high visibility and heavy foot/vehicle traffic.; Freestanding building designated for restaurant use.; Spacious dining area, kitchen connections, bathroom, and office included.**
