Listing Details

187 Bloomfield Ave,Newark City, NJ 07104-1115

  • February 18, 2026
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Description

Prime Mixed-Use Investment in the Heart of Newark! Exceptional opportunity to own a fully operating bar, restaurant, and nightlife establishment – Liquor License included ready to be taken over by new owner. Corner positioning provides maximum visibility and accessibility, driving steady customer traffic day and night. Fully operational and established, offering immediate income potential. Additional income is generated from the two residential units – One (1) 1-Bedroom Apartment – One (1) 2-Bedroom Apartment. Great opportunity for Owner-operators, or investors. Property recently renovated, in good condition. Separate utilities.

Details

Last Updated On: February 18th, 2026 at 7:44 pm
Property ID:PT-28862014-AXZR
Offer Type:For Sale
Property Type:Mixed Use
Price: 1,999,999 $
Year Built:9999

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 52.2 X 63
Office SqFt: 800
Property Type: Mixed Use, Restaurant/Bar
Lot Identifier: 25

Home Details

Location: Business District, Corner
Acreage: 0.08
Sale Includes: Building & Business, Building & Land, Operating Licenses
Construction: Brick/Block
Exterior Description: Concrete
Roof Description: Asphalt Shingle
Number of Stories: 3
Number of Units: 3
Number of Lavatories: 4
Max Ceiling Height: 18
Max Door Height: 10
Available SqFt: 5573
Building SqFt: 5573
Easement/Desc: Unknown
Basmnt/Desc: Yes - Finished-Partially
Tenant Pays: Electric, Heat
Owner Pays: Sewer, Water
Block Identifier: 535
County Number: 16
Town Number: 1614
Possession: At Closing

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Ownership: Fee Simple
Tax ID For Property: 1614-00535-0000-00025-0000-
Tax Amount: $11,960.00
Tax Year: 2024
Tax Rate: 3.803%
Tax Rate Year: 2025
Land Assessment: $113,400.00
Building Assessment: $201,100.00
Total Assessment: $314,500.00

Utilities

Equipment Available: Burglar Alarm, Kitchen Area, Restrooms - Private, Smoke Detector
Heat Source: Gas-Natural
Heat System: 3 Units, Baseboard - Electric
Cool System: 1 Unit, Central Air
Water: Public Water
Sewer: Public Available
Utilities: All Underground

Other

Zoning: Comm

Statistics

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