615 Orange St, Newark, NJ 07107
Fully equipped nightclub/bar with liquor license in Newark, NJ.
- Added:
- Sep 11, 2025
- Days on Market:
- 275
- Last Refresh:
- Apr 5 at 9:13 pm
Property Features for 615 Orange St
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 0.03 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1992
Listing agent DONN MCDONALD
Listing office COLDWELL BANKER REALTY (973) 233-2300
Listing date Sep 11, 2025
Source Corcoran
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 COLDWELL BANKER REALTY
HighLights
- Fully operational nightclub/bar with liquor license included.
- Includes all restaurant equipment, refrigerators, bar furniture, and fixtures.
- Prime location in the Lower Roseville section of Newark, NJ.
- Updated electric, newer water heater, and central heating and air conditioning.
- Basement includes kitchen, employee restroom, dedicated office space, and alternate staircase.
- Features a sprinkler system, ATM, and Touch Screen Jukebox.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.6k | $22.80 |
| − Vacancy | −$3.9k | −$1.94 |
| EGI | $41.7k | $20.86 |
| − OpEx | −$10.4k | −$5.22 |
| NOI | $31.3k | $15.65 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- El Bi Social Club — Newark, NJ 07107
- Paraiso Bar — N 5th St, Newark, NJ 07107
- Alqai Odudua Inc — 513 Central Ave, Newark, NJ 07107
- People's Choice Bar — 105 Hartford St, Newark, NJ 07103
- Little Joe's Lounge — 201 S 11th St, Newark, NJ 07107
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1969
- Latitude
- 40.7557