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    250 Elm St Newark, NJ 07105

    For Sale
    $699,999

    Lots and Land - Newark City, NJ

    Lot size:
    0.08 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 9 at 3:06 am

    Property Features for 250 Elm St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.08 Acres

    Building Details

    Architectural style
    Other

    Century 21 Vox Realty (908) 851-2121 [email protected]

    Listing agent CINTIA D URSO (908) 851-2121

    Listing date Oct 3, 2025

    MLS# 3990563 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Approved 3-Family Newark Development Site

    This property presents a development opportunity in Newark's Ironbound neighborhood. Approved for the construction of a 3-family residential building, this flat parcel of land offers a chance to develop in a dynamic area. The property's level terrain and dimensions are suited for efficient construction, maximizing space for multi-unit housing. Located in the Ironbound section, the parcel is near Downtown Newark, Newark Penn Station, major highways, and Newark Liberty International Airport.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.15983
    Latitude
    40.72679

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    FAQs

    What type of property is this?
    Residential land & home lot - Development opportunity in Newark's Ironbound, approved for 3-family construction.
    Where is this residential land & home lot located?
    The property is located at 250 Elm St Newark, NJ.
    What is the asking price?
    The asking price for this property is $699,999.
    What are key features of this property?
    This property features: - Approved for 3-family residential building, saving time and resources.; - Prime development opportunity in Newark's vibrant Ironbound section.; - Flat, build-ready parcel of land.
    (908) 851-2121
    Request Owner's contact information
    250 Elm St Newark, NJ 07105
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    Newark, NJ 07105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    250 Elm St Newark, NJ 07105
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