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Commercial Sale For Sale
72 Elm Rd, Newark City, NJ 07105-6839
Property 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.
Basic Details
- Property Type:
- Commercial Sale
- Listing Type:
- For Sale
- Listing ID:
- 4058707
- Price:
- $2,400,000
- Lot Area:
- 0.11 Acre
- Status:
- Active
- Office Name:
- NEW AND MODERN GROUP
- Agent Name:
- SANDRA OLIVEIRA
- Property Sub Type:
- MixedUse
- Roof:
- Asphalt Shingle
Features
- Heating System:
- See Remarks
- Cooling System:
- Window A/C(s)
- Basement:
- Finished
- Sewer:
- Public Sewer
- Utilities:
- Electric, Gas-Natural
Address Map
- Country:
- US
- State:
- NJ
- County:
- Essex
- City:
- Newark City
- Zipcode:
- 07105-6839
- Street:
- Elm Rd
- Street Number:
- 72
- Longitude:
- W75° 50' 37.4''
- Latitude:
- N40° 43' 15.4''
- Directions:
- Use GPS: 72-74 Elm Road, Newark, NJ 07105. Property is located near Ferry Street in Newark's North Ironbound.
- Zoning:
- MX-1
Additional Information
- Lot Size Dimensions:
- 47.3X100
- Water Source:
- Public Water
- Stories Total:
- 2
- Number Of Units Total:
- 4
- Garage:
- 30
- Building Size:
- 10000
Financial
- Tax Annual Amount:
- 29172
Listing Information
- List Agent Mls Id:
- 298446
- List Office Mls Id:
- 5845
- Mls Status:
- Active
- Modification Timestamp:
- 2026-10-14T20:52:46Z
- Originating System Name:
- gsmls
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Phone: 201-891-8200
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