SQUARE FEET10,000
MLS#4058707
STATUS
PROPERTY TYPECommercial - Multiple
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.
Property Features
Property Type: Commercial - Multiple
Basement: Yes
Basement: Finished
Cooling: Window A/C(s)
Fuel Type: Gas-Natural
Lot Size: 0.11 Acres
Roof Type: Asphalt Shingle
Stories: 2.0
Taxes: $29,172
Feature Descriptions
Days on Site: 5
Equipment Available: Appliances, Exhaust System, Fixtures, Kitchen Area, Refrigeration Unit, Restrooms - Public
Exterior: Brick/Block, Vinyl Siding
Location: Business District, Corner
Lot Dimensions: 0.11 acre(s)
Max Door height: 0
Parking: Blacktop, Off-Street Parking, Parking Lot-Exclusive
Sewer: Public Sewer
Units: 4
Utilities: Electric, Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: NEW AND MODERN GROUP
Agency Contact: 908-425-1875
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
72 Elm Rd | MLS# 4058707
This commercial property located at 72 Elm Rd, Newark, NJ 07105 is currently listed for sale with an asking price of $2,400,000. Search Newark real estate on www.realtymark.net today.