114 Ferry St, Newark, NJ 07105 - Photo 1

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$975,000 -$125,000 (-11.36%) Price Reduced

For Sale
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Business

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Property Description

Well established liquor store in operation since 2008, located on vibrant Ferry Street, just minutes from Newark Penn Station and surrounded by constant commuter traffic. This proven business offers multiple revenue streams including in-store sales, online orders, and delivery services. Sale includes valuable equipment such as commercial coolers, POS system, ATM, office equipment, furniture, ice-making machine, and ice freezer. Inventory sold separately. Basement available for storage. Plenary Retail Distribution License (Type A) is included and fully transferable. Major growth opportunity with the newly approved Ibeira development, a planned 1,400 unit apartment complex set to bring thousands of new residents to the immediate area, significantly increasing customer demand and future revenue potential. This is a rare chance to own a profitable, turnkey liquor store in one of Newark's most active commercial corridors. Ideal for investors or entrepreneurs seeking a high-demand business with strong upside.

Full Property Details

Full Property Details for 114 Ferry St

General

Price: $975,000
Status: Active
Type: Business
Source: Garden_State
MLS ID: 3998369
Updated: 4/24/2026
Added to Site: 157 day(s) ago

Business

Name: LisbonWines&Liquors
Business Type: Retail
Business Sub-Type: Retail
Year Established: 2008
Real Estate: No RE Available

Rental Information

Lease Info: 5 or More Years, Lease Transferable, Seller Does Not Own Building

Rooms

Bathrooms

Restrooms: 1

Parking

Garage Description: None

Location

County: Essex
Subdivision: Irobound
Driving Directions: Route 21 to Ferry St

Heating & Cooling

Cooling Type: 1 Unit, Central Air Conditioning
Heating Type: 1 Unit
Heating Fuel: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: Natural Gas

Structural Information

Basement: Yes
Basement Desc.: Full, Unfinished
Square Feet: 9,999
Aprox. Leasable: 9,999 Sq. Ft.

Lot Features

Frontage: City/Town Street
Driveway/Sidewalk: On-Street Parking

Financial Considerations

Lease Price Per Mth: $6,500
Expenses: Owner, See Remarks, Tax Returns
Operating Expenses: $9,999
Terms: Cash, See Remarks

Disclosures and Reports

Ownership: See Remarks
Documents Avail.: Aerial Photographs, Inventory Report, Leases, See Remarks, Tax Returns
APN: 1614-00174-0000-00049-0000-

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Schools

Schools serving 114 Ferry St

School District:Newark City School District

Name	Grades	Distance
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105	K-8	0.2 mi
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108	K-8	0.4 mi
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105	PK-8	0.6 mi
South Street Elementary School 44-48 Hermon Street, Newark, NJ 07105	K-8	0.7 mi
Hawkins Street Elementary School 8 Hawkins Street, Newark, NJ 07105	PK-8	1.1 mi
Quitman Street School 21 Quitman Street, Newark, NJ 07103	K-8	1.3 mi
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	1.9 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	1.9 mi
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107	K-4	2 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 114 Ferry St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

4/24/2026

Price Reduced

$975,000

-11.36%

MLS

11/18/2025

Listed

$1,100,000

53.5%

MLS

6/05/2020

Sold

$716,610

—

Public Record

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 114 Ferry St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$23,385

$614,900

—

2022

$22,973

$614,900

—

2021

$22,108

29%

$614,900

-10%

2021

$17,086

-33%

$681,100

—

2019

$25,616

$681,100

—

2018

$25,153

$681,100

—

2017

$24,247

$681,100

—

2016

$23,430

$681,100

—

2015

$22,538

-2%

$681,100

—

2013

$22,886

—

$681,100

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

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114 Ferry St, Newark, NJ 07105 (MLS# 3998369) is a Business property. 114 Ferry St is currently listed for $975,000 and was received on November 18, 2025. Want to learn more about 114 Ferry St? Do you have questions about finding other Business real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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114 Ferry St Newark, NJ 07105