415 Central Ave , Newark City, Essex 07107-3020
  • $1,500,000

Overview

Property ID: HZ4024072
  • 1500 Sqft
  • Area Size

Description

Approximately 3,000 SF of prime ground-floor commercial space in the heart of Newark’s University Heights district. Formerly operated as a lounge, this wide-open, street-level unit features two existing bar setups and an adaptable layout ideal for a restaurant or caf . Positioned just minutes from Rutgers University, NJIT, Essex County College, major hospitals, and premier attractions like NJPAC and Prudential Center, this location enjoys strong foot traffic and excellent visibility. The surrounding area is dense with students, professionals, and daily commuters, offering a built-in audience. Two bar areas in place with high ceilings and flexible interior layout. Prominent frontage along Central Avenue, steps from public transportation and major highways. Surrounded by colleges, hospitals, and downtown amenities in one of Newark’s most dynamic and fast-growing corridors. Liquor License Can be purchased separately for $155,000

  • Address: 415 Central Ave
  • City: Newark City
  • State/county: Essex
  • Zip/Postal Code: 07107-3020
  • Area: University Heights

Details

Updated on April 29, 2026 at 3:36 pm
  • Property ID HZ4024072
  • Price $1,500,000
  • Property Size 1500 Sqft
  • Land Area 0.07 Acres
  • Garage Size x x
  • Year Built 1935
  • Property Status Active

Additional details

  • Roof Flat
  • Utilities Electric, Gas-Natural
  • Sewer Public Sewer
  • Cooling 3 Units, Central Air
  • Heating 3 Units, Forced Hot Air
  • County Essex
  • Property Type Store With Apartment

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