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Five-Unit Apartment Building

139 Elm St Newark, NJ 07105

139 Elm St, Newark, NJ, 07105
$1,300,000
For Sale
$1,300,000

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$130.01
Days on Market26

Property Features for 139 Elm St

General Information

Standard status
Active
Size
9,999 SF
Lot size
0.07 Acres
Property subtype
Commercial

Building Details

Year Built
1900
Listing agency NEW DIRECTION REALTY
Listed by ISMENIA SOUSA
Source Corcoran
Added: Jun 27 Updated: Jul 22 at 11:46AM Checked: Jul 22 at 11:46AM

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.

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

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Veterinary Clinic Nursing Home Nursing Home (Bike/Boat/Book/etc) Store Buffet Tanning Salon Locksmith (Bike/Boat/Book/etc) Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store

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

FAQs

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 $1,300,000.
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
Contact an agent
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