9,999 sqft

$1,170,000

139 Elm St, Newark City NJ, 07105

Price per sqft$117.01

Built in1900

Property size9,999 sqft

Property typeCommercial

Overview

Active

Listed Jun 27, 2026

Updated 2 days ago

Exceptional Investment Opportunity in Newark's Highly Sought-After Ironbound Section! This well-maintained 5-unit apartment building offers an outstanding opportunity for investors seeking strong rental demand and long-term appreciation. Located in one of Newark's most vibrant and desirable neighborhoods, this income-producing property features five residential apartments on a 30' x 100' lot. The building offers gas hot water baseboard heat, public water and sewer, and durable aluminum siding. Ideally situated just minutes from Newark Penn Station, major highways, restaurants, shopping, schools, parks, and the neighborhood's renowned Portuguese and Spanish dining scene, this property is perfectly positioned to attract quality tenants. The Ironbound continues to be one of Northern New Jersey's most sought-after rental markets, making this an excellent addition to any investment portfolio. Property is being sold as-is. Buyer is responsible for obtaining any required municipal certificates and completing their own due diligence.

Other Property Details

Taxes: $14,248
Tax Frequency: Annually

Courtesy of NEW DIRECTION REALTY with ISMENIA SOUSA,
Listing Contact: 8339844663

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