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139 Elm St #5 Overview
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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.
Listing provided courtesy of NEW DIRECTION REALTY- MLS# 4037379
Contact Information: 833-984-4663
Contact Information: 833-984-4663Love this property?
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139 Elm St #5 Facts & Features
- Type Commercial
- Sq. ft. 9,999
- Price/Sq.ft. $130
- Lot 0.07 Acres
Details
General
Listing Information
- For Sale Or Lease: For Sale
Building Information
- Num Apts: 5
- Year Built: 1900
Location/Region
- County Or Parish: Essex
- Location: Residential Area
Building Exterior/Construction
- Construction Date/Year Built Des: Approximate
Tax Information
- City Tax: *
- County Tax: *
- Tax Amount Tax: *
- Tax Annual Amount: $14,248.00
- Tax Assessed Value: *
- Tax Rate Amount: 3.999
- Tax Rate Year: 2025
- Tax Year: 2025
- Tax Year Tax: *
General Information
- Inclusions: Building Only
- Property Sub Type: Apartment Complex
- Property Type: Commercial
- Zoning: Residential
Interior
Building Information
- Available Sq Ft: 9999
- Equipment Available: See Remarks
- Max Ceiling Height: 999
- Max Door Height: 0
- Num 1 Bdrm Units: 2
- Num 2 Bdrm Units: 2
- Num 3 Bdrm Units: 1
- Num 4 Bed Units: 0
- Num Units w/Full Bath: 5
- Num Units w/Half Bath: 0
- Office Sq Ft: 9999
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bathrooms Total: 5
Building Interior
- Building Area Total: 9999
General Information
- Cooling: No Cool
- Heating: 4+ Units, Baseboard - Hotwater
- Stories: 3
Unit Information
- Unit Number: 5
Exterior
Building Information
- Number of Bays: 0
- Number of Docks: 0
Parking Information
- Parking Features: None
- Parking Total: 0
Lot Information
- Approximate Lot Size: 30X100
- Lot Features: Level Lot
- Water Source: Public Water
Building Exterior/Construction
- Construction Materials: Brick/Block
- Exterior Description: Aluminum
- Roof: Flat, Rubberized
General Information
- Number Of Units Total: 5
- Sewer: Public Sewer
- Utilities: Electric, Gas-Natural
139 Elm St #5 Neighborhood
Community
07105 (Newark City) Demographics
35
Median Age
9,731
Population Density (per sq. mile)
16%
College Educated
$45,222
Estimated Median Income
3,633
Estimated Total Home Owners
13,720
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
139 Elm St #5 Monthly Cost
139 Elm St #5 Market Data
Based on the last 30 days in this zip code
$397,499
Average List Price
$5,172
Average Price per Square Foot
0
Properties Sold
89
Average Days on Market
19
Properties for Sale
139 Elm St #5 History
| Date | Value | Agent |
|---|---|---|
| 6/27/2026Source: Garden State MLS | June 27, 2026 |