Corner Restaurant Space with
For Sale
Contact for pricing
40-42 Fleming Ave, Newark, NJ 07105
Full basement supports storage or additional business operations.
Property SizeContact for details
Days on Market31
Property Features for 40-42 Fleming Ave
General Information
Standard status
Active
Amenities
full basement
Building Details
Year Built
1930
Listing Agency:
WEICHERT REALTORS - HOME CITY
Listed By:
AUGUSTO VERISSIMO · License #9591085
(201) 293-6333
Source:
Goldstandardrealty
Added: Aug 4
Changed: Aug 30
Last Checked: Sep 1 at 9:55PM
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 restaurant-oriented commercial space occupies a corner position at Fleming Avenue and Lexington Street in Newark’s Ironbound neighborhood. The property was formerly operated as a BBQ restaurant and includes a full basement that can support storage or additional operational functions. A long-term lease is available, and the space may accommodate a range of permitted commercial uses.
The property is situated among established businesses and restaurants in a busy commercial district with pedestrian and vehicle traffic. Its corner placement provides a visible setting for a new operation or an expansion of an existing business. Built in 1930, the property offers a location-focused commercial setting with basement utility and flexible use potential.
The property is situated among established businesses and restaurants in a busy commercial district with pedestrian and vehicle traffic. Its corner placement provides a visible setting for a new operation or an expansion of an existing business. Built in 1930, the property offers a location-focused commercial setting with basement utility and flexible use potential.
Key Highlights
- Corner location at Fleming Avenue and Lexington Street
- Full basement for storage or additional operational space
- Former BBQ restaurant operation
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,863
Businesses Nearby
49k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Groceries 8%
Home Improvements & Furnishings 6%
Dining 5%
Capital One Bank
Shops & Services
16,640 visits/mo
0.5 miles
AutoZone
Shops & Services
9,499 visits/mo
0.4 miles
Dollar General
Shops & Services
5,604 visits/mo
0.2 miles
Advance Auto Parts
Shops & Services
5,207 visits/mo
0.4 miles
Met Food
Groceries
3,890 visits/mo
0.3 miles
Demographics for 07105, NJ
50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Full basement supports storage or additional business operations.
Where is this conventional restaurant located?
The property is located at 40-42 Fleming Ave Newark, NJ.
What are key features of this property?
This property features: Corner location at Fleming Avenue and Lexington Street; Full basement for storage or additional operational space; Former BBQ restaurant operation
