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.
Active
Street View
$2,400,000
72 Elm Rd #N/A, Newark City, NJ 07105
--beds
4baths
4,500sqft
Apartment
Built in ----
-- sqft lot
$-- Zestimate®
$533/sqft
$-- HOA
What's special
- 5 hours
- 15
- 0
Zillow last checked:
Listing updated:
Listed by:
Sandra Oliveira 908-425-1875,
New And Modern Group
Source: GSMLS,MLS#: 4058707
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
Heating
- See Remarks, Natural Gas
Cooling
- Window Unit(s)
Features
- Doors: Max Door Height: 0
- Basement: Yes,Finished
Interior area
- Total structure area: 10,000
- Total interior livable area: 4,500 sqft
Property
Parking
- Total spaces: 30
- Parking features: Blacktop, Off-Street Parking, Parking Lot-Exclusive
- Garage spaces: 30
Features
- Stories: 2
Lot
- Size: 4,791 Square Feet
- Dimensions: 47.3 x 100
- Features: Business District, Corner
Details
- Parcel number: 1614009970000000350000
- Zoning description: MX-1
- Other equipment: Appliances, Refrigeration Unit
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick/Block, Wood, Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Updated/Remodeled
- Major remodel year: 2023
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Newark
Financial & listing details
- Price per square foot: $533/sqft
- Tax assessed value: $729,500
- Annual tax amount: $29,172
- Date on market: 10/13/2026
- Inclusions: Building & Land, Equipment, Operating Licenses
- Ownership type: Fee Simple
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Listed for sale | $2,400,000$533/sqft |
Source:  GSMLS #4058707 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: North Ironbound
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