Newark City, NJ 07105,136 Elm St
Newark City, NJ 07105,136 Elm St
Newark City, NJ 07105,136 Elm St
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$3,900,000
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3,600 SqFt
Active

136 Elm St Newark City, NJ 07105

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Gabriel Garces

Gabriel Garces

+1(973) 653-7461

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $1,083

MLS Listing ID 3964131

Year Built 1930

Annual Tax Amount $28,522

Tax Year 2024

Lot Size 2,613 Sqft

Property Sub-Type Mixed Use

Property Description

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.

Location

State NJ

County Essex

Zoning 4A

Interior

Heating Electric, Gas-Natural

Cooling Central Air

Equipment Exhaust System, Smoke Detector

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Lot Description Corner

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by REAL

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    North Star Academy Charter Schools of Newark

    Public | KG - 12

  • 8

    Robert Treat Academy Charter School

    Public | KG - 8

  • 6

    First Avenue Elementary School

    Public | PK - 8

  • 6

    Branch Brook Elementary School

    Public | PK - 4

  • 6

    The Gray Charter School

    Public | KG - 8

  • 6

    Oliver Street Elementary School

    Public | PK - 8

  • 6

    Lafayette Street Elementary School

    Public | PK - 8

  • 5

    Roseville Community Charter School

    Public | KG - 3

  • 5

    New Horizons Community Charter School

    Public | KG - 5

  • 5

    Phillip's Academy Charter School

    Public | KG - 8

  • 5

    Abington Avenue Elementary School

    Public | PK - 8

  • 5

    Team Academy Charter School

    Public | KG - 12

  • 5

    Hamilton Intermediate School

    Public | 4 - 5

  • 5

    Washington Elementary School

    Public | PK - 8

  • 5

    Ann Street Elementary School

    Public | PK - 8

  • 5

    Wilson Avenue Elementary School

    Public | PK - 8

  • 5

    Garfield Elementary School

    Public | PK - 6

  • 5

    Franklin Elementary School

    Public | PK - 8

  • 4

    Cicely L. Tyson Community Elementary School

    Public | PK - 5

  • 4

    Edward T. Bowser Sr. School of Excellence

    Public | PK - 5

Middle Schools 16
  • 9

    Science Park High School

    Public | 7 - 12

  • 7

    Great Oaks Charter School

    Public | 6 - 9

  • 5

    Arts High School

    Public | 7 - 12

  • 4

    American History High School

    Public | 6 - 12

  • 4

    Washington Middle School

    Public | 6 - 8

  • 3

    John L. Costley Middle School

    Public | 6 - 8

  • 3

    Sojourner Truth Middle School

    Public | 6 - 8

  • 2

    Merit Preparatory Charter School of Newark

    Public | 6 - 7

  • 1

    Patrick F. Healy Middle School

    Public | 6 - 8

  • 1

    Eagle Academy

    Public | 6 - 7

  • 1

    Newark Early College High School

    Public | 6 - 10

  • 0

    Fast Track Success Academy

    Public | 6 - 12

  • 0

    Elyon Learning Center Academy

    Private | 8 - 12

  • 0

    Link Community School

    Private | 7 - 8

  • 0

    St Benedict's Preparatory School

    Private | 7 - 12

  • 0

    Alif Muhammad's Nia School

    Private | 8 - 12

High Schools 20
  • 10

    Technology High School

    Public | 9 - 12

  • 8

    Bard Early College High School

    Public | 9 - 12

  • 6

    North 13th St Tech

    Public | 9 - 12

  • 5

    Newark Tech

    Public | 9 - 12

  • 4

    Harrison High School

    Public | 9 - 12

  • 4

    Kearny High School

    Public | 9 - 12

  • 3

    People's Preparatory Charter School

    Public | 9 - 11

  • 2

    Newark Vocational High School

    Public | 9 - 12

  • 1

    West Side High School

    Public | 9 - 12

  • 1

    Central High School

    Public | 9 - 12

  • 1

    Malcom X Shabazz High School

    Public | 9 - 12

  • 1

    Barringer High School

    Public | 9 - 12

  • 1

    Paulo Freire Charter School

    Public | 9 - 10

  • 1

    Newark Preparatory Charter School

    Public | 9 - 10

  • 1

    East Side High School

    Public | 9 - 12

  • 0

    Newark Bridges High School

    Public | 9 - 12

  • 0

    Newark Innovation Academy

    Public | 9 - 12

  • 0

    Newark Leadership Academy

    Public | 9 - 12

  • 0

    St Vincent Academy

    Private | 9 - 12

  • 0

    Visions Academy Charter High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Gabriel Garces

Gabriel Garces

Broker | License ID: 1541468

+1(973) 653-7461

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136 Elm St