168 McWhorter Street, Newark, NJ 07105 - Photo 1

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$1,100,000

For Sale
Active
Retail

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Property Description

Prime Investment Opportunity " 168 McWhorter St, NewarkOffered for sale is the building only at 168 McWhorter St, located in the highly desirable Ironbound section of Newark. This sale does not include the restaurant business currently occupying the space. The existing lease has less than one year remaining, providing flexibility for future use or redevelopment.Also available are 170 McWhorter St and 68 Garden St, which may be purchased individually or as part of a bundled investment package.Don't miss this rare opportunity to own commercial property in one of Newark's most vibrant and high-traffic areas.

Full Property Details

Full Property Details for 168 McWhorter St

General

Price: $1,100,000
Taxes: $13,880
Status: Active
Type: Retail
Source: NJMLS
MLS ID: 25019544
Updated: 6/6/2025
Added to Site: 223 day(s) ago

Rental Information

Rent Includes: None

Location

Area: Newark
County: ESSEX

Heating & Cooling

Heating Type: Attic Fan, Central Air, Gas

Utilities

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

Structural Information

Architectural Style: Retail

Water Features

Water Front Desc.: None

Financial Considerations

Tax Amount: $13,880

Disclosures and Reports

Ownership: Private
Flood Zone: None

Listed by RE/MAX First Realty II (908) 664-1500, Rocco LoBrace (732) 770-7690

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Listing agent

— 168 McWhorter St —

Rocco LoBrace

RE/MAX First Realty II

(732) 770-7690

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NMLS#: 1598647

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Schools

Schools serving 168 McWhorter St

School District:Newark City School District

Name	Grades	Distance
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105	PK-8	0.1 mi
South Street Elementary School 44-48 Hermon Street, Newark, NJ 07105	K-8	0.3 mi
Lafayette Street Elementary School 205 Lafayette Street, Newark, NJ 07105	K-8	0.3 mi
Wilson Avenue Elementary School 19 Wilson Ave, Newark, NJ 07108	K-8	0.7 mi
Quitman Street School 21 Quitman Street, Newark, NJ 07103	K-8	0.9 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	1.5 mi
Hawkins Street Elementary School 8 Hawkins Street, Newark, NJ 07105	PK-8	1.5 mi
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	1.6 mi
Harriet Tubman Elementary School 504 South 10th Street, Newark, NJ 07103	PK-4	1.9 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 168 McWhorter St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/06/2025

Listed

$1,100,000

—

MLS

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 168 McWhorter St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$13,881

$365,000

—

2022

$13,636

-6%

$365,000

—

2021

$14,443

—

$365,000

-6%

2021

$14,443

30%

$386,800

-6%

2021

$11,124

-27%

$411,600

—

2018

$15,200

$411,600

—

2017

$14,653

$411,600

—

2016

$14,159

$411,600

—

2015

$13,620

-12%

$411,600

—

2019

$15,480

21%

$411,600

—

2014

$12,764

—

$411,600

—

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 168 McWhorter St

168 McWhorter Street, Newark, NJ 07105 (MLS# 25019544) is a Retail property. 168 McWhorter Street is currently listed for $1,100,000 and was received on June 06, 2025. Want to learn more about 168 McWhorter Street? Do you have questions about finding other Retail 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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168 McWhorter St Newark, NJ 07105