72 Elm Rd, Newark City, NJ 07105
72 Elm Rd, Newark City, NJ 07105
72 Elm Rd, Newark City, NJ 07105
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$2,400,000
Est. payment /mo
4,500 SqFt
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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $533

MLS Listing ID 4058707

Annual Tax Amount $29,172

Tax Year 2025

Lot Size 4,791 Sqft

Property Sub-Type Mixed Use

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.

Location

State NJ

County Essex

Zoning MX-1

Rooms

Basement Finished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Equipment Appliances, Exhaust System, Fixtures, Kitchen Area, Refrigeration Unit, Restrooms - Public

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block, Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


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Garden State MLS(GSMLS)
Listed by NEW AND MODERN GROUP

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Name

Name

Phone*

Phone

Message

Message
Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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72 Elm Rd