USANJNewark136 Elm St
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136 Elm St, Newark

House

For Sale

$3,900,000

0100

MLS® 3964131

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $28,522
Days Active 348
Lot Size 
Approx. Age 1930
MLS® Number 3964131

Property Address: 136 Elm St, Newark, NJ, 07105-1703

Average square foot calculated using Size range provided by listing agent.

Description

Discover this exceptional income-producing commercial property situated prominently at the corner of Elm Street and Pacific Street in the heart of the vibrant Ironbound section of Newark. Located just 3 minutes from the Prudential Center and 5 minutes from Newark Penn Station, this mixed-use building offers unparalleled convenience and accessibility. The property features 10 total units, including 8 luxury residential apartments and 2 commercial storefronts. The residential layout includes one 1-bedroom, four 2-bedroom, and three 3-bedroom high-end apartments, all thoughtfully designed to appeal to discerning tenants. Each residential unit boasts an open-concept layout, seamlessly connecting the living room and eat-in kitchen, featuring sleek quartz countertops. These units also offer spacious bedrooms, modern bathrooms, and the convenience of an in-unit washer and dryer, with central air and forced hot air throughout. The ground floor hosts two well-established businesses: a charming flower shop and a popular restaurant, providing steady commercial income and neighborhood foot traffic. With modern finishes, a prime location, and high rental demand, this building presents a rare chance to own a well-maintained, turn-key property in one of Newark's most desirable neighborhoods. This is a perfect opportunity for investors looking for both appreciation and consistent rental income.
MLS® Number3964131
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
Basement
DrivewayOn-Street Parking
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 20, 2025List Date
$3,900,000List Price
-End Date
Not Sold YetSold Price

For Rent

Mar 26, 2026List Date
$2,499List Price
  • Commute

Commute

Starting Address
Destination Address
136 Elm St, Newark,

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