Five-Unit Apartment
For Sale
$1,170,000
139 Elm St, Newark, NJ 07105
Well-maintained five-unit income property on a 30' x 100' lot with aluminum siding and gas hot-water baseboard heat.
Property Size9,999 SF
Lot Size0.07 Acres
Price / SF$117.01
Days on Market73
Property Features for 139 Elm St
General Information
Standard status
Active
Size
9,999 SF
Lot size
0.07 Acres
Property subtype
Commercial
Additional Details
Highway Access
Yes
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$14,248
Amenities
4+ Units Heating
Baseboard - Hotwater Heating
Flat Roof
Level Lot
Rubberized Roof
Building Details
Year Built
1900
Listing Agency:
NEW DIRECTION REALTY
(833) 984-4663
Listed By:
ISMENIA SOUSA
Source:
Corcoran
Added: Jun 27
Changed: Sep 6
Last Checked: Sep 7 at 8:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NEW DIRECTION REALTY
Investment Insights
Based on property information with market context.
This five-unit apartment building is offered for sale and described as well-maintained. The property includes five residential apartments on a 30' x 100' lot and features gas hot-water baseboard heat. Public water and sewer services are noted, and durable aluminum siding is listed as part of the exterior improvements. The building is being sold as-is, with the buyer responsible for obtaining any required municipal certificates and completing their own due diligence.
The property is located in Newark’s Ironbound section, with proximity to Newark Penn Station and major highways described in the remarks. Access to shopping, schools, parks, and nearby dining is also referenced, including the neighborhood’s Portuguese and Spanish dining scene.
The listing presents this as a residential income property configured as five separate apartments within one building footprint, supported by the noted utilities and heating system.
The property is located in Newark’s Ironbound section, with proximity to Newark Penn Station and major highways described in the remarks. Access to shopping, schools, parks, and nearby dining is also referenced, including the neighborhood’s Portuguese and Spanish dining scene.
The listing presents this as a residential income property configured as five separate apartments within one building footprint, supported by the noted utilities and heating system.
Key Highlights
- Well‑maintained 5‑unit apartment building in Newark’s Ironbound section (year built: 1900)
- Five residential apartments on a 30' x 100' lot
- Gas hot‑water baseboard heat
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,988
Businesses Nearby
Explore this area
Business Placement
Demographics for 07105, NJ
50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained five-unit income property on a 30' x 100' lot with aluminum siding and gas hot-water baseboard heat.
Where is this apartment building located?
The property is located at 139 Elm St Newark, NJ.
What is the asking price?
The asking price for this property is $1,170,000.
What are key features of this property?
This property features: Well‑maintained 5‑unit apartment building in Newark’s Ironbound section (year built: 1900); Five residential apartments on a 30' x 100' lot; Gas hot‑water baseboard heat
