Restaurant with
For Sale
$715,000
98-100 Elm Rd, Newark, NJ 07105
Bar, dining hall and takeout service offer several food-service components.
Property SizeContact for details
Days on Market13
Property Features for 98-100 Elm Rd
General Information
Standard status
Active
Property subtype
Business Op
Zoning
Residential
Site & Location
Neighborhood
South Ironbound
Additional Details
Business Included
Yes
Liquor License
Yes
Amenities
Unfinished
Gas-Natural
City/Town Street
Public Water
Listing Agency:
WEICHERT REALTORS - HOME CITY
(908) 224-5438
Listed By:
Danielle Mustilli
Source:
Haven
Added: Oct 21
Changed: Oct 31
Last Checked: Oct 31 at 2:46AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The restaurant includes a bar, dining hall and takeout service. The sale includes the business and a liquor license. The establishment is known as O Preguinho and is described as a long-standing neighborhood business.
Located at Six Corners in Newark’s Ironbound section, the property is on Elm Road. It has natural gas service and public water, with street access from a city or town street.
Located at Six Corners in Newark’s Ironbound section, the property is on Elm Road. It has natural gas service and public water, with street access from a city or town street.
Key Highlights
- Sale includes the restaurant business and a liquor license
- Bar, dining hall and takeout service
- Located at Six Corners in Newark’s Ironbound section
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
2,024
Businesses Nearby
33k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Dining 43%
Electronics 10%
Dunkin' Donuts
Dining
8,951 visits/mo
0.3 miles
Sunoco
Shops & Services
6,047 visits/mo
0.5 miles
Dunkin' Donuts
Dining
5,363 visits/mo
0.3 miles
Valero Energy
Shops & Services
5,169 visits/mo
0.4 miles
PNC Bank
Shops & Services
3,735 visits/mo
0.4 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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Bar, dining hall and takeout service offer several food-service components.
Where is this conventional restaurant located?
The property is located at 98-100 Elm Rd Newark, NJ.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: Sale includes the restaurant business and a liquor license; Bar, dining hall and takeout service; Located at Six Corners in Newark’s Ironbound section
