157 Wilson Ave, Newark, NJ 07105 - Photo 1

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$399,900

For Sale
Active
Business

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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 Wilson Ave

General

Price: $399,900
Status: Active
Type: Business
Source: Garden_State
MLS ID: 3969687
Updated: 6/16/2025
Added to Site: 216 day(s) ago

Business

Name: Fix Bar Lounge
Business Type: See Remarks
Business Sub-Type: See Remarks

Rental Information

Lease Info: Long Term

Rooms

Bathrooms

Restrooms: 2

Parking

Garage Description: On-Street Parking

Location

County: Essex
Subdivision: Ironbound
Driving Directions: Ferry St To Wilson Ave

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Forced Hot Air
Heating Fuel: Natural Gas

Utilities

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

Structural Information

Basement: Yes
Basement Desc.: Finished-Partially
Aprox. Leasable: 2,000 Sq. Ft.

Lot Features

Frontage: City/Town Street
Driveway/Sidewalk: None

Disclosures and Reports

Ownership: See Remarks
Documents Avail.: See Remarks
APN: 1614-02078-0000-00001-0001-

Listed by Rosa Agency

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— 157 Wilson Ave —

Rosa Agency

973-589-7550

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Schools

Schools serving 157 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 Wilson Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/16/2025

Listed

$399,900

-59.61%

MLS

5/19/2015

Sold

$990,000

—

Public Record

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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 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 Wilson Ave

157 Wilson Ave, Newark, NJ 07105 (MLS# 3969687) is a Business property. 157 Wilson Ave is currently listed for $399,900 and was received on June 16, 2025. Want to learn more about 157 Wilson Ave? 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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157 Wilson Ave Newark, NJ 07105