Properties

Description

Income-producing mixed-use property in Newark's North Ironbound. The building offers approximately 10,000 square feet, including approximately 4,500 square feet of ground-floor commercial space currently operated as a restaurant/bar, plus three residential apartments. All three apartments are occupied by month-to-month tenants and offer future rental upside. Renovated in 2023 with updated systems and improvements. Convenient location near Ferry Street, Newark Penn Station, Downtown Newark, established restaurants, retail and residential development. Suitable for an owner-user or investor seeking commercial and residential income.

Features

  • Heating System : See Remarks
  • Cooling System : Window A/c(s)
  • Basement : Finished
  • Roof Deck : Asphalt Shingle
  • Tax Assessed Valuation: 729500
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural
  • Internet

Additional Info

  • Office Name: NEW AND MODERN GROUP
  • Office MLS ID: 5845
  • Agent ID: 298446
  • Tax: 29172
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: MX-1

Commercial For Sale

For Sale
$2,400,000

72 Elm Rd, Newark City, *

  • SQFT 47.30 Acre

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5456068
  • Price: $2,400,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 0
  • Year Built Description: Renovated
  • Lot Area: 47.30 Acre
  • Status: Active
  • Days On Market: 55

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Elm Rd
  • Street Number: 72
  • Street Direction: Use GPS: 72-74 Elm Road, Newark, NJ 07105. Propert
  • Floor Number: 0
  • Longitude: W75° 50' 37.4''
  • Latitude: N40° 43' 15.4''
  • Internet Display Address: Yes
Property