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    Newark, NJ Restaurants for Sale

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    Mixed-Use Property in Newark
    Updated: Apr 16, 2024
    Mixed-Use Property in Newark

    217 Frelinghuysen Ave, Newark, NJ 07114

    $2,249,000
    8,593 sqft 0.13 AC lot
    Mixed‑use property featuring an established diner/restaurant and two residential apartments.
    Diner/restaurant includes a liquor license.
    Located on a well‑traveled avenue in Newark.
    Multiple income streams from commercial and residential units.
    Two‑story building.
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    This listing looks promising.

    Here's a quick look at some key insights for

    217 Frelinghuysen Ave, Newark City, NJ 07114

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    • Est. Cap Rate

      8.2%
      Above avg (5.9%)

    • Est. NOI

      $185K
      Annual

    • Mortgage

      $330K
      Recorded

    • Last Sold

      Jun 1996
      $215K
    View Property Analytics
    Mixed-Use Property with Restaurant Space
    Updated: Jul 14
    Mixed-Use Property with Restaurant Space

    52 Holland St, Newark, NJ 07103

    $749,000
    4,364 sqft 0.06 AC lot
    Mixed‑use property completed in 2024 with a 5‑year tax abatement in place beginning in 2025
    Ground floor offers approx. 2,394 SF of commercial space with extra‑high ceilings, expansive open areas, bar seating, and a commercial kitchen
    Commercial level includes multiple restrooms and is constructed across the full lot under grandfathered conditions
    Upper residence spans two levels with 6 bedrooms and 2.5 baths, plus a spacious living area and large kitchen
    Modern systems include central air HVAC, washer and dryer hookups, and a full sprinkler system
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    Turnkey Restaurant and Lounge
    Turnkey Restaurant and Lounge

    246 Mulberry St, Newark, NJ 07102

    $700,000
    1,806 sqft

    Turnkey space with a full prep kitchen, dry bar, enclosed patio, and guest bathrooms for immediate restaurant use.

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    Mixed-Use Property on Park Avenue
    Mixed-Use Property on Park Avenue

    294 Park Ave, Newark, NJ 07107

    $650,000
    2,139 sqft

    Mixed-use property with restaurant and apartment near Park Avenue.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Multi-Tenant Retail Corner Building
    Multi-Tenant Retail Corner Building

    763 IRVINGTON AVE, Newark, NJ 07106

    $1,000,000
    5,100 sqft

    Fully leased retail corner property with dedicated parking and frontage on Irvington Avenue.

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    Turnkey Bar/Restaurant with Residential Units
    Turnkey Bar/Restaurant with Residential Units

    130 Main St, Newark, NJ 07105

    $2,400,000
    6,500 sqft 0.09 AC lot

    Mixed-use property with established bar/restaurant and two apartments.

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    Turnkey Restaurant Opportunity in Newark
    Turnkey Restaurant Opportunity in Newark

    946 Broad Street, Newark, NJ 07102

    $400,000
    2,447 sqft

    Fully equipped restaurant for sale in downtown Newark.

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    Downtown Newark Restaurant Opportunity
    Downtown Newark Restaurant Opportunity

    27 Academy St, Newark, NJ 07102

    $135,000
    900 sqft

    Restaurant space in high-traffic Newark location near transportation.

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    Mixed-Use Building with Bar Space
    Mixed-Use Building with Bar Space

    415 CENTRAL AVE Unit NONE, Newark, NJ 07107

    $1,500,000
    1,500 sqft

    Two 4BR/2BA apartments above wide-open ground-floor bar space adaptable for a restaurant or café.

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    Newark Mixed-Use Investment Opportunity
    Newark Mixed-Use Investment Opportunity

    47 Fleming Ave, Newark, NJ 07105

    $849,900
    0.06 AC lot

    Mixed-use property with commercial and residential units in Newark.

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    Established Nightclub/Bar in Newark
    Established Nightclub/Bar in Newark

    615 Orange St, Newark, NJ 07107

    $600,000
    0.03 AC lot

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

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    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    473 Clinton Ave, Newark, NJ 07108

    $880,000
    0.06 AC lot

    Mixed-use property featuring a restaurant and two apartments.

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    Turnkey Restaurant Opportunity
    Turnkey Restaurant Opportunity

    870 Broadway, Newark, NJ 07104

    $545,000
    3,300 sqft

    Fully equipped restaurant and lounge in a prime location.

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    Operating Bar/Lounge in Ironbound
    Operating Bar/Lounge in Ironbound

    157 Wilson Ave, Newark, NJ 07105

    $399,900

    Fully operational bar/lounge with liquor license in Newark's Ironbound.

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    Profitable Pizzeria and Bar
    Profitable Pizzeria and Bar

    108 Jabez, Newark, NJ 07105

    $360,000

    Turnkey pizzeria and bar in Newark's Ironbound district.

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    Turnkey Restaurant in Downtown Newark
    Turnkey Restaurant in Downtown Newark

    1 William, Newark, NJ 07102

    $155,555

    Established Japanese curry restaurant for sale in prime downtown location.

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    Newark Ironbound Commercial Property For Sale
    Newark Ironbound Commercial Property For Sale

    170 McWhorter, Newark, NJ 07105

    $1,400,000

    7,200 sq ft commercial property in Newark's Ironbound section.

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    Operating Bar/Lounge in Ironbound Section
    Operating Bar/Lounge in Ironbound Section

    157-161 Wilson, Newark, NJ 07105

    $399,900

    Fully operational bar/lounge with liquor license in Newark's Ironbound.

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    Turnkey Restaurant Opportunity
    Turnkey Restaurant Opportunity

    870-872 Broadway, Newark, NJ 07104

    $545,000

    Fully equipped restaurant/lounge in a high-traffic area.

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    Retail Liquor License for Sale
    Retail Liquor License for Sale

    0 Liquor License, Newark, NJ 07105

    $125,000

    Retail Consumption Pocket Liquor License (33) for sale in Newark.

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    Retail Liquor License for Sale
    Retail Liquor License for Sale

    1 Liquor License, Newark, NJ 07105

    $160,000

    Retail Consumption Liquor License (33) for sale in Newark.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Newark, NJ, we suggest to view alternatives - similar 5 Off-Market properties to explore as potential leads.

    Off-Market Properties in Newark, NJ

    Consider similar Off-Market properties in Newark, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    140 South St
    Restaurants

    140 South St, Newark, NJ 07114

    Value Estimation by Request
    3,300 sqft 0.08 AC lot
    View details
    707 Broad St
    Restaurants

    707 Broad St, Newark, NJ 07102

    Value Estimation by Request
    View details
    355 Broad St
    Restaurants

    355 Broad St, Newark, NJ 07104

    Value Estimation by Request
    3,284 sqft
    View details

    Newark, NJ Restaurants Market Trends and Statistics

    Explore 26 restaurants for sale in Newark, NJ, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 36,649 square feet of properties for sale, with an estimated market value of $10,328,000.

    Sale prices for restaurant properties in Newark, NJ start at $135,000, averaging $1,032,800, and reaching up to $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 15
    Conventional restaurants 12
    Commercial kitchens 1
    Drive through restaurants 1
    Turn key restaurants 1

    Demographics Overview

    Population 307K
    Population Growth (5Y) +8.9%
    Median Household Income $47,918
    College Educated 9.5%

    High-Yield Neighborhoods for Investment

    Identify Newark submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07104 $363.3K
    07102 $415.1K
    07107 $837.5K
    07108 $850K
    07105 $908.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.63%
    Property Tax per SF $23.25 per SF
    Tax Rate vs County Average 0.60 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Essex County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Newark fall within the Under 2,500 square foot range.

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    Most Searched ZIP Codes in Newark, NJ

    • 07105
    • 07102
    • 07107
    • 07104
    • 07103
    • 07106
    • 07108
    • 07114

    Featured Newark Real Estate Agencies

    Realmo connects you with licensed Newark CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Rosa Agency Ironbound LLC
    360 Lafayette St Newark, NJ 07105
    Phone: 19735897550
    Logistics Real Estate Services LLC
    Newark, NJ 07105

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