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Mixed-Use Property with Restaurant
For Sale
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473 Clinton Ave, Newark, NJ 07108

Mixed-use property featuring a restaurant and two apartments.

Property SizeContact for details
Days on Market205

Property Features for 473 Clinton Ave

General Information

Standard status Active

Building Details

Year Built 2010
Listing Agency: YALE KENT, LLC.
Listed By: STEPHEN BUCH · License #300028
Source: Luminancerealty
Added: Mar 12 Changed: Sep 13 Last Checked: Oct 1 at 2:01PM

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 YALE KENT, LLC.

Investment Insights

Based on property information with market context.

This meticulously maintained mixed-use property includes a barbecue restaurant and two apartments. One apartment features three bedrooms, while the other offers five bedrooms. The property is also listed on the market as MLS 3967271. The seller is open to offering a discount if this property is purchased together with another property.

Key Highlights

  • Mix‑use property with an established BBQ restaurant.
  • Includes two apartments: a spacious 3‑bedroom and a larger 5‑bedroom.
  • Price improvement makes this an even more attractive opportunity.

Property Analytics

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Current Use

Roma seafood & PIZZA Restaurant Bachata & Merengue Restaurant Restaurant Don Felix Spanish ... Restaurant

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,152
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 53% Apparel 42% Electronics 5%
Family Dollar Shops & Services
7,314 visits/mo 0.4 miles
Rainbow Apparel
5,855 visits/mo 0.4 miles
Metro by T-Mobile Electronics
720 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property featuring a restaurant and two apartments.
Where is this mixed-use property located?
The property is located at 473 Clinton Ave Newark, NJ.
What are key features of this property?
This property features: Mix‑use property with an established BBQ restaurant.; Includes two apartments: a spacious 3‑bedroom and a larger 5‑bedroom.; Price improvement makes this an even more attractive opportunity.
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