139 Elm St, Newark City, NJ 07105

$1,170,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,170,000
Price Change
▼ $130,000 1784863268
MLS#
4037379
Dom
26
Year Built
1900
Status
ACTIVE
County
Essex
City
Newark City
Acres
0.07

Property Description

Exceptional Investment Opportunity in Newark's Highly Sought-After Ironbound Section! This well-maintained 5-unit apartment building offers an outstanding opportunity for investors seeking strong rental demand and long-term appreciation. Located in one of Newark's most vibrant and desirable neighborhoods, this income-producing property features five residential apartments on a 30' x 100' lot. The building offers gas hot water baseboard heat, public water and sewer, and durable aluminum siding. Ideally situated just minutes from Newark Penn Station, major highways, restaurants, shopping, schools, parks, and the neighborhood's renowned Portuguese and Spanish dining scene, this property is perfectly positioned to attract quality tenants. The Ironbound continues to be one of Northern New Jersey's most sought-after rental markets, making this an excellent addition to any investment portfolio. Property is being sold as-is. Buyer is responsible for obtaining any required municipal certificates and completing their own due diligence.

Additional Information

Taxes
$14,248
Cooling
No Cool
Exterior
Aluminum
Heating
4+ Units, Baseboard - Hotwater
Roof
Flat, Rubberized
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Level Lot

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of NEW DIRECTION REALTY, Contact: 833-984-4663

The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.

Copyright 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Updated: