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5-Unit Apartment Building
For Sale
$1,170,000

139 Elm St #5, Newark, NJ 07105

Five residences occupy a Newark property connected to public water and sewer service.

Property Size9,999 SF
Lot Size0.07 Acres
Price / SF$117.01
Days on Market120

Property Features for 139 Elm St #5

General Information

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

Site & Location

Neighborhood Ironbound
Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Additional Details

Multifamily Units 5

Building Details

Building Size 9,999 SF
Year Built 1900
Stories 3
Units 5
Listing Agency: New Direction Realty
Listed By: Ismenia Sousa
Source: Cammarotarealestate
Added: Jun 27 Changed: Oct 22 Last Checked: Oct 22 at 2:34PM

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

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Investment Insights

Based on property information with market context.

This residential building contains five apartments on a 30' x 100' lot. Built in 1900, it has aluminum siding and gas-fired hot water baseboard heat. Public water and sewer serve the property, which is zoned Residential. The sale is as-is, and the buyer is responsible for securing any required municipal certificates and conducting due diligence.

The property is in Newark’s Ironbound section, within minutes of Newark Penn Station and major highways. Restaurants, shops, schools, and parks are also nearby, along with Portuguese and Spanish dining establishments in the neighborhood.

Key Highlights

  • Five‑apartment residential building
  • 30' x 100' lot
  • Built in 1900; aluminum siding

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

5
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

5,988
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five residences occupy a Newark property connected to public water and sewer service.
Where is this apartment building located?
The property is located at 139 Elm St #5 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: Five‑apartment residential building; 30' x 100' lot; Built in 1900; aluminum siding
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