108 Jabez Street Newark, NJ $ 360,000
108 Jabez Street
$ 360,000
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108 Jabez Street

Newark, NJ, 07105
$ 360,000
Bedrooms-- Baths-- Sq 2,000
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Property for Rent in Newark, NJ

for $360,000 with 2 half baths. This 2,000 square foot property was built in 1950 on a lot size of 0.05.

Rare opportunity in Newark/Ironbound! Well-established pizzeria with 8 years of proven success and loyal clientele. Fully equipped operation including pizza ovens, refrigerators, freezers, bakery machines, and all furniture. Consistent yearly revenue of approximately $800,000 verified by POS reports. Secure long-term lease through 2036 with an additional 10-year renewal option. Prime corner location with heavy pedestrian traffic and strong local reputation. Perfect turnkey business for investors or experienced operators looking for immediate cash flow.

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Rental Active

Price

$ 360,000

Half Bath

2

Taxes

$ 12,500

Style

Restarnt

Lot Size

0.05

Year Built

1950

Town/City

Newark

County/Region

Essex

MLS | Web ID

3993638

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 1 Unit Forced Hot Air Multi-Zone
Cooling 1 Unit Central Air
Utilities Electric Gas-Natural
Possession Immediately
Roof Composition Shingle Flat
Zoning Commercial
Garage Spaces 4
Year Built 1950
Tenant Pays Electric Gas Heat Maintenance-Common Area Sewer Trash Removal Water
Township Newark City
Property Type Restaurant Restarnt
Tax Year 2024
Ownership Fee Simple
Location Business District Corner Residential Area
Lease Information 5 Or More Years CAM Charges
Gross Income 800000
County Essex
Net Operating Income 550000
Operating Expense 250000
Status Active
Directions Located in the Ironbound section of Newark near Ferry St. Take Wilson Ave to Lafayette St. Pizzeria on the corner with visible signage.
Number Of Units Total 1
Tax Annual Amount 12500
Drive 2 Car Width Assigned Hard Surface
Leasable Area 0
Lease Type Net
Standard Status Active
Tax Assessed Value 300000
Town # 1614
Tax Lot 12
Farm Assessment No
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Interior
Basement Finished-Partially Full Storage
Flooring Concrete Tile
Fuel Type Gas-Natural
Total Stories 1
Half Baths 2
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Exterior
Lot Features Level Lot
Water Source Public Water
Total Parking 4
Exterior Description Brick/Block Glass
Building Area Total 2000
Lot Dimensions 2 000 sq ft
Lot Size Acres 0.05
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* Excluded Features
List By
SANDRA OLIVEIRA

Listing Agent

Keller Williams Park Views

Broker

sandrausa10@gmail.com

Email

Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2025$360,000 Listed Price

Map


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108 Jabez Street, Newark, NJ, 07105 is a Property for Rent at $360,000 with 2,000 sqft and a lot size of 0.05. 108 Jabez Street was built in 1950. The property's zip code is 07105 which is in Newark, NJ