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    Established Newark Nightclub and Bar Title is generated by Realmo AI

    615 Orange St, Newark, NJ 07107

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    For Sale
    $600,000

    Fully equipped nightclub/bar with liquor license in Newark, NJ.

    Type:Commercial
    Property size:
    2,000 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $300/SF
    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

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    Listing Contact
    DONN MCDONALD

    Listing agent DONN MCDONALD

    Listing office COLDWELL BANKER REALTY

    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

    This is an established nightclub and bar located in the Lower Roseville section of Newark, New Jersey. The sale includes a liquor license. The establishment is fully equipped and will be sold with restaurant equipment, refrigerators, a sprinkler system, an ATM, bar furniture, fixtures, and a touch screen jukebox. The building has updated electric, a newer water heater, and central heating and air conditioning. The first floor features two public lavatories. The basement level houses the kitchen, an employee restroom, dedicated office space, and an alternate staircase for a second entry and exit. The property size is 2000 square feet. The building is being sold as-is.

    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
    2,000 SF · lease $22.80/SF/yr · vacancy 8.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $447.0K
    $391.2K – $521.6K (±1% cap)
    NOI $31,293 @ 7.0% cap · market cap 5.22%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $782.4K
    $684.6K – $912.8K (±1% cap)
    NOI $54,768 @ 7.0% cap · market cap 9.13%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    LibertyX Bitcoin ATM Atm Jack's Bar Bar & Pub

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    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

    FAQs

    What type of property is this?
    Bar & Pub - Fully equipped nightclub/bar with liquor license in Newark, NJ.
    Where is this bar & pub located?
    The property is located at 615 Orange St Newark, NJ.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 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.
    More about this property
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