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136 Elm St
Newark City NJ 07105-1703 US

$3,900,000

Active Listing ID 3964131
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Lot: 0.06 Acres
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$3,900,000

Active Listing ID 3964131
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136 Elm St 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.

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Property Features

  • Facts
  • Lot Size: 0.06 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Roof Type: Flat
  • Heating Fuels: Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 3900000
  • unparsedaddress: 136 Elm St
  • postalcity: Newark City
  • stateorprovince: NJ
  • country: US
  • postalcode: 07105-1703
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.06
  • lotsizeunits: Acres
  • lotsizearea: 0.06
  • livingarea: 5800
  • livingareaunits: Square Feet
  • latitude: 40.72837
  • longitude: -74.16521
  • listagentfullname: HOLLAND B. MACK 3RD
  • listagentkey: 3yd-GSMLSNJ-394889
  • listagentmlsid: 394889
  • listagentofficephone: 8554500442
  • listofficekey: 3yd-GSMLSNJ-4989
  • listofficemlsid: 4989
  • disclaimer: Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GSMLSNJ
  • yearbuilt: 1930
  • listingcontractdate: 2025-05-19
  • listagenturl: http://www.joinreal.com
  • countyorparish: Essex
  • cooling: Central Air
  • constructionmaterials: Block, Brick
  • heating: Forced Air
  • numberofunitstotal: 10
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.16521, 40.72837
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Real Broker LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":null, "ListBrokerageCity":"Haddon Township", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/GSMLSNJ/e5c18ae67e1c11e786790242ac110008/20210708141522667.png", "ListBrokerageName":"Real Broker LLC", "ListBrokeragePhone":null, "ListBrokeragePostalCode":"08108", "ListBrokerageStateOrProvince":"NJ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"320 HADDON AVE", "ListBrokerageWebsiteUrl":"http://www.joinreal.com", "ListOfficeAddress1":"165 PASSAIC AVE", "ListOfficeAddress2":"STE 205", "ListOfficeBrokerMlsId":"392566", "ListOfficeCity":"FAIRFIELD", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"07004", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Newark City, NJ", "ListingURL":"https://listings.listhub.net/pages/GSMLSNJ/3964131/?channel=rexren", "MLSModificationTimestamp":"2025-05-27T23:37:43Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":28522, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/16/2025 3:33:56 PM GMT
Source Updated Date: 12/5/2025 6:45:57 AM GMT

Courtesy of: HOLLAND B. MACK 3RD, REAL

Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.