157-161 Wilson Avenue, Newark, NJ 07105 - Photo 1

Save This Listing

1/9

View All Photos

$399,900

For Sale
Active
Business

See This Home

Save This Listing

1/9

Property Description

Fantastic Opportunity to own a fully operational bar/lounge in the heart of Newark vibrant Ironbound Section. This well established venue includes a liquor license, bar equipment, and furnishings- ready for immediate operation. Strategically located in a high-traffic area known for its bustling nighlife and dining scene, this space is perfect for entrepreuneurs, investors or hospitality professionals looking to expand or start a new venue.

Full Property Details

Full Property Details for 157-161 Wilson Ave

General

Price: $399,900
Status: Active
Type: Business
Source: NJMLS
MLS ID: 25019885
Updated: 6/17/2025
Added to Site: 215 day(s) ago

Location

Area: Newark
County: ESSEX

Heating & Cooling

Heating Type: Central Air, Gas, Hot Air

Utilities

Utility Description: Sep Elec, Sep Gas, Sep Heat, Sep Water

Structural Information

Architectural Style: Service/Food
Description/Design: Restaur
Basement Desc.: Partial

Listed by Rosa Agency-Ironbound, LLC (973) 589-7550, Carla De Mello-Ferreira (201) 485-9720

Quickly Find Out More

* Indicates a required field

Comment *

Full Name *

Email Address *

Mobile Phone Number *

See this property in person

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 157-161 Wilson Ave —

Carla De Mello-Ferreira

Rosa Agency-Ironbound, LLC

(201) 485-9720

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 157-161 Wilson Ave

School District:Newark City School District

Name	Grades	Distance
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108	K-8	0.4 mi
Hawkins Street Elementary School 8 Hawkins Street, Newark, NJ 07105	PK-8	0.8 mi
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105	K-8	0.8 mi
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105	PK-8	1.1 mi
South Street Elementary School 44-48 Hermon Street, Newark, NJ 07105	K-8	1.1 mi
Quitman Street School 21 Quitman Street, Newark, NJ 07103	K-8	1.8 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	2.4 mi
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	2.5 mi
Harriet Tubman Elementary School 504 South 10th Street, Newark, NJ 07103	PK-4	2.8 mi

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

Price & Sales History for 157-161 Wilson Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/17/2025

Listed

$399,900

-59.61%

MLS

5/19/2015

Sold

$990,000

—

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 157-161 Wilson Ave

Year

Property Taxes

Change

Tax Assessment

Change

2024

$24,392

$641,400

—

2023

$23,911

—

$641,400

—

2022

$23,963

—

$641,400

—

2021

$23,950

27%

$641,400

-12%

2021

$18,850

-30%

$725,000

—

2018

$26,774

$725,000

—

2017

$25,810

$725,000

—

2016

$24,940

-9%

$725,000

—

2019

$27,267

14%

$725,000

—

2015

$23,990

-16%

$725,000

-25%

2013

$28,446

—

$963,300

—

View All

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

Estimate the Cost for 157-161 Wilson Ave

157-161 Wilson Avenue, Newark, NJ 07105 (MLS# 25019885) is a Business property. 157-161 Wilson Avenue is currently listed for $399,900 and was received on June 17, 2025. Want to learn more about 157-161 Wilson Avenue? 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.

Tour this property

157-161 Wilson Ave Newark, NJ 07105