485 W MARKET ST Newark, NJ 07107

$625,000
485 W MARKET ST, Newark, NJ 07107
Call 1-800-839-1363
6651588

Commercial Property for sale in Newark, NJ

for $625,000. This building was built in 1018 on a lot size of 0.19 Acre(s).

Property Information

  • $625,000
  • Commercial
  • Taxes are $6,521
  • Restaurant
  • Active
  • Lot size of 0.19 Acre(s)
  • Built in 1018
  • Newark, NJ
  • Fairmount Neighborhood
  • Essex County
  • MLS/Web ID is 6651588

Description

Newark BBQ Restaurant in an up and coming neighborhood. This is a great money maker and is a firmly established business. It is 2 blocks from U.M.D.N.J Hospital. The new High School is being built across the street is sure to increase clientele dramatically.

Interior 5

Flooring

  • Tile Flooring

Heating System

  • Hot Water Heater: Gas

Sewer

  • Public Sewer

Utilities

  • Cable
  • Electric
  • Electric 400 Amps
  • Gas
  • Other
  • Phone
  • Water

Water Source

  • Public Water

Exterior 6

Exterior

  • Other

Foundation

  • Concrete

Garage

  • Parking Garage

Lot Description

  • Level/Flat

Parking

  • On Street Parking

Siding

  • Brick

Miscellaneous 3

Commercial

  • Sale Includes Building & Business

Location

  • Corner Lot

Other

  • Circuit Breakers

† Excluded Feature

Neighborhood & Schools

School District: Newark

 See complete school information

Listed By

Broker: CENTURY 21 GRAHAM REALTY

485 W MARKET ST, Newark, NJ, 07107 is a Commercial Property for sale at $625,000 with a lot size of 0.19 Acre(s). 485 W MARKET ST was built in 1018. The property's zip code is 07107 which is in Newark, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Newark $385,106 38 % below $309,000 51 % below
Commerical listings in Newark $634,694 2 % above $475,000 24 % below
Sold listings in Newark $75,000 88 % below $0 100 % below

Get the facts about Newark, NJ!

Population 279,327
Population Growth (since 2000) 2 %
Median Income $36,022
Median Age 34.06
Households w/ Children 35 %

Residential Dwellings

  • Owned 21881
  • Vacant 13569
  • Rented 73259

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