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72 Elm Rd Newark, NJ $ 2,400,000
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72 Elm Rd
$ 2,400,000
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72 Elm Rd

Newark, NJ, 07105
$ 2,400,000
Bedrooms-- Baths-- Sq 4,500

Monthly Estimate*

$ 16,576

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Commercial Property for sale in Newark, NJ

for $2,400,000 with 4 half baths. This 4,500 square foot building was built on a lot size of 0.11.

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.

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Commercial Active

Price

$ 2,400,000

Half Bath

4

Property Type

Commercial

Taxes

$ 29,172

Style

MixedUse

Lot Size

0.11

Town/City

Newark

County/Region

Essex

MLS | Web ID

4058707
Features
General
Sewer Public Sewer
Construction Brick/Block Wood
Heating See Remarks
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession At Closing
Roof Asphalt Shingle
Zoning MX-1
Garage Spaces 30
Year Built 0
Township Newark City
Property Type Mixed Use Restaurant/Bar Store With Apartment MixedUse
Tax Year 2025
Ownership Fee Simple
Location Business District Corner
County Essex
Status Active
Directions Use GPS: 72-74 Elm Road Newark NJ 07105. Property is located near Ferry Street in Newark's North Ironbound.
Number Of Units Total 4
Tax Annual Amount 29172
Drive Blacktop Off-Street Parking Parking Lot-Exclusive
Leasable Area 0
Standard Status Active
Tax Assessed Value 729500
Town # 1614
Tax Lot 35
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Interior
Basement Finished
Fuel Type Gas-Natural
Total Stories 2
Half Baths 4
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Exterior
Water Source Public Water
Exterior Description Brick/Block Vinyl Siding
Building Area Total 10000
Lot Dimensions 47.3X100
Lot Size Acres 0.11
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* Excluded Features
List By
SANDRA OLIVEIRA

Listing Agent

New And Modern Group

Broker

sandrausa10@gmail.com

Email

Affordability Calculator

$19,007
Per Month
87%
13%
0%
Monthly Principal & Interest
$16,576
Monthly Property Taxes
$2,431
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/13/2026$2,400,000 Listed Price

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72 Elm Rd, Newark, NJ, 07105 is a Commercial Property for sale at $2,400,000 with 4,500 sqft and a lot size of 0.11. The property's zip code is 07105 which is in Newark, NJ

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