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$160,000
58 Union Street, Newark, NJ, 07105
MLS# 26009419
0.083 acres (3,600 sqft)
Lot Size
Commercial — Retail
Property Type
Description
Excellent location 100+ FEET FROM FERRY STREET, walking distance from PENN STATION and NEWARK BUSINESS DISTRICT with a great amount of foot traffic. Strong demographics in affluent community. You are buying the Liquor license with negotiable lease terms, preferably 5 year min. this is a brand new building with a large blank space just bring your dreams and ideas. 1461sq ft with an additional large basement and patio area, perfect for out door dining. this retail space offers high ceilings. landlord will give you 6 FREE months of rent, this is space is located in a brand new top of the line building with sprinkler system and much more. Call for full details. POSSIBLY LANDLORD CAN HELP WITH PARKING.
Tax & Financial Information
| Annual Property Taxes | $7,302 (NJ Public Records) |
| Tax Assessment | $192,000 |
| Land Assessment | $192,000 |
| Listed | March 20, 2026 |
Listing Information
Listing Office: The Bixler Group, LLC — 201-991-0032
Listing Agent: Luis Pinto — 973-204-0861 — RealtorPinto@hotmail.com
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 10/16/2026.
Total Monthly Cost
$1,639/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $32,000 | Loan: $128,000
Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.
Commute From This Home
Newark
Northeast Corridor / PATH
Newark Penn Station
Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.
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Information deemed reliable but not guaranteed. Last date updated: 10/27/2026.
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Property listings provided by GardenState.ai through authorized access to NJMLS.
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