Mixed-Use Property with
For Sale
$2,900,000
72-74 Elm Road, Newark, NJ 07105
Combines a vacant restaurant/bar space with month-to-month residential apartments and an included liquor license.
Property SizeContact for details
Days on Market426
Property Features for 72-74 Elm Road
General Information
Standard status
Active
Property subtype
5+ Mixed Use
Restaurant
Equipment Included
Yes
Liquor License
Yes
Taxes and HOA fees
Annual Taxes
$27,742
Amenities
0.0
Flat
Building Details
Year Built
1900
Listing Agency:
Keller Williams Park Views
(908) 425-1875
Listed By:
Sandra Oliveira · License #1751574
(908) 425-1875
Source:
Compass
Added: Jul 2, 2025
Changed: Aug 30
Last Checked: Aug 30 at 5:37PM
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 Keller Williams Park Views
Investment Insights
Based on property information with market context.
This mixed-use property in Newark’s Ironbound area combines a vacant restaurant/bar component with three residential apartments. The apartments are leased on a month-to-month basis, while the commercial space is currently unoccupied. A liquor license, equipment, and inventory are included in the sale, providing existing assets associated with the restaurant/bar component.
Constructed in 1900, the property is located at 72-74 Elm Road, Newark, NJ 07105. Its configuration brings commercial and residential uses together in one asset, with the restaurant/bar portion positioned alongside income-producing apartments. The property is offered with the stated restaurant-related equipment and inventory, as well as the liquor license.
Constructed in 1900, the property is located at 72-74 Elm Road, Newark, NJ 07105. Its configuration brings commercial and residential uses together in one asset, with the restaurant/bar portion positioned alongside income-producing apartments. The property is offered with the stated restaurant-related equipment and inventory, as well as the liquor license.
Key Highlights
- Mixed‑use property at 72‑74 Elm Road, Newark, NJ 07105
- Vacant restaurant/bar component included
- 3 apartments rented month‑to‑month
Property Analytics
Current Use
Lease Details
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
2,949
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?
Mixed-use property - Combines a vacant restaurant/bar space with month-to-month residential apartments and an included liquor license.
Where is this mixed-use property located?
The property is located at 72-74 Elm Road Newark, NJ.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Mixed‑use property at 72‑74 Elm Road, Newark, NJ 07105; Vacant restaurant/bar component included; 3 apartments rented month‑to‑month
