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Freestanding Restaurant Building in Newark
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 Market357

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
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

Restaurants

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,224
Businesses Nearby
127k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 38% Shops & Services 27% Hotels & Casinos 25% Apparel 7%
DoubleTree by Hilton Newark Penn Station Hotels & Casinos
16,051 visits/mo 0.4 miles
Speedway Shops & Services
15,735 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
12,235 visits/mo 0.4 miles
Starbucks Dining
11,346 visits/mo 0.2 miles
Robert Treat Hotel Hotels & Casinos
10,442 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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Daily Catering Services 19 Honiss St, Belleville, NJ 07109
  • 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

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.**
More about this property
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