NJ
Essex
Newark City
07107
415 Central Ave
415 Central Ave, Newark City, NJ 07107
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
30
$1,500,000

Home Details for 415 Central Ave

Price
$1,500,000
Type
Commercial Sale
Year built
1935
Lot size acres
0.07
County
Essex
Basement
Partial, Unfinished
Days on site
35
MLS Listing#
4024072
Property Description

Great multi-family building with two 4BR/2BA apartments and approximately 3,000 SF of prime ground-floor commercial space in the heart of Newark's University Heights district. The ground floor was formerly operated as a lounge and is wide-open, featuring two existing bar setups areas and an adaptable layout ideal for a restaurant or cafe. 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

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Basement
    • Partial
    • Unfinished
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
Listing Courtesy: COLDWELL BANKER REALTY - 973-233-2300
The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. Information deemed reliable but not guaranteed. Copyright ©2026 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT REALTY LUCKY ASSOCIATES
290 Ferry St., Newark, NJ 07105
Office
973 817 7700
Request more details
Code: